NEWPORT BEACH, CA, May 02, 2018 (GLOBE NEWSWIRE) -- DPW Holdings, Inc. (NYSE American: DPW) ("DPW" or the
"Company"), a diversified holding company, hereby announces that its subsidiary, Super Crypto Mining, Inc.
launched its cloud mining platform on May 1, 2018, as previously announced during its January 31, 2018 webcast and in subsequent
announcements. The cloud mining platform initially is operating in beta, available to pre-registered subscribers only, offering
digital mining services for Bitcoin only, with other cryptocurrencies to follow. Super Crypto Mining will announce when the cloud
mining platform has completed beta testing as Super Crypto Mining anticipates rolling out additional subscription campaigns through
2018 and thereafter. Pre-registered members previously registered through the Super Crypto Mining website and dedicated
registration page.
The cloud mining platform features a comprehensive dashboard showing mining progress and payout options. Subscribers now have an
economical path to begin crypto-mining without the heavy start-up costs and complex technologies. “The cloud mining platform is
supported in part by our latest U.S. based mining farm. As previously mentioned, this relationship provides us with up to 25
megawatts of power. We are extremely satisfied with this new location. The team has delivered one of the most advanced farming
locations in record time.” commented Darren Magot, CEO Super Crypto Mining.
ABOUT DPW HOLDINGS, INC.
Headquartered in Newport Beach, CA, DPW Holdings, Inc. is a diversified holding company that, through its wholly-owned subsidiary,
Coolisys Technologies, Inc., is dedicated to providing world-class technology-based solutions where innovation is the main driver
for mission-critical applications and lifesaving services. Coolisys’ growth strategy targets core markets that are characterized by
“high barriers to entry” and include specialized products and services not likely to be commoditized. Coolisys through its
portfolio companies develops and manufactures cutting-edge resonant switching power topologies, specialized complex high-frequency
radio frequency (RF) and microwave detector-log video amplifiers, very high-frequency filters and naval power conversion and
distribution equipment. Coolisys services the defense, aerospace, medical and industrial sectors and manages four entities
including Digital Power Corporation, www.DigiPwr.com, a leading manufacturer based in Northern California, 1-877-634-0982; Digital
Power Limited dba Gresham Power Ltd., www.GreshamPower.com, a manufacturer based in Salisbury, UK.; Microphase Corporation, www.MicroPhase.com with its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus
Technical Distributors, www.Power-Plus.com, a wholesale distributor based in Sonora, CA 1-800-963-0066.
Digital Power Lending, LLC, www.DigitalPowerLending.com, a wholly owned subsidiary of the Company, is based in Fremont, CA,
and is a California private lending company operating under Financial Lender’s License ##60DBO-77905 dedicated to strategically
providing capital to small and middle size businesses for an equity interest in addition to loan fees and interest. Super Crypto
Mining, Inc. www.SuperCryptoMining.com is a wholly-owned subsidiary of the Company, is based in Fremont CA
that leverages its engineering expertise and existing locations to create crypto currency mining facilities across the globe. Super
Crypto Mining, Inc. operates the branded division, Super Crypto Power, www.SuperCryptoPower.com. Excelo, LLC, www.Excelo.com, a wholly-owned subsidiary of the Company, is a national search firm specializing
in fulfilling strategic executive, professional and hi-tech placements for businesses delivering world-class services. DPW
Holdings, Inc.’s headquarters is located at 48430 Lakeview Blvd., Fremont, California, 94538; 1-877-634-0982; www.DPWHoldings.com. For Investor inquiries: IR@DPWHoldings.com or 1-888-753-2235.
Forward-Looking Statements
The foregoing release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the acquisition
and the ability to consummate the acquisition. These forward-looking statements generally include statements that are
predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,”
“anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,”
“could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements.
Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual results could differ materially from those contained in any
forward-looking statement as a result of various factors. More information, including potential risk factors, that could
affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange
Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.
###