VANCOUVER, British Columbia, Jan. 24, 2019 (GLOBE NEWSWIRE) -- GreenPower Motor Company Inc. (OTCQX: GPVRF)
(TSXV: GPV) (“GreenPower”) is pleased to announce that GreenPower has been named to the 2019 OTCQX® Best 50, a ranking of top
performing companies traded on the OTCQX Best Market last year.
The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX
market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth
in the previous calendar year. Companies in the 2019 OTCQX Best 50 were ranked based on their performance in 2018.
“We are proud to be named to the OTCQX Best 50 and for being amongst the top performing companies on the OTCQX
exchange, which underscores our continued focus on growing our business,” said Fraser Atkinson, Chairman of GreenPower. “We are
excited about the future prospects for our business with the acceleration of electrification in the transportation sector which is
generating strong demand for our all-electric vehicles.”
For the complete 2019 OTCQX Best 50 ranking, visit https://www.otcmarkets.com/files/2019_OTCQX_Best_50.pdf.
The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global
companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate
governance, demonstrate compliance with U.S. securities laws and have a professional third-party sponsor introduction. The
companies found on OTCQX are distinguished by the integrity of their operations and diligence with which they convey their
qualifications.
About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor vehicles, including transit
buses, school buses, shuttles, and a double decker. GreenPower employs a clean-sheet design to manufacture all-electric buses
that are purpose built to be battery powered with zero emissions. GreenPower integrates global suppliers for key components,
such as Siemens or TM4 for the drive motors, Knorr for the brakes, ZF for the axles and Parker for the dash and control systems.
This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of
maintenance and accessibility for warranty requirements. For further information go to www.greenpowerbus.com
Forward-Looking Statements
This document contains forward-looking statements relating to, among other things, GreenPower’s business and
operations and the environment in which it operates, which are based on GreenPower’s operations, estimates, forecasts and
projections. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about
future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the
future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of
forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or
“continue”, or the negative thereof or similar variations. These statements are not guarantees of future performance and involve
risks and uncertainties that are difficult to predict or are beyond GreenPower’s control, such as the regulations and requirements
in different jurisdictions. A number of important factors including those set forth in other public filings (filed under the
Company’s profile on www.sedar.com) could cause actual
outcomes and results to differ materially from those expressed in these forward-looking statements. Consequently, readers should
not place any undue reliance on such forward-looking statements. In addition, these forward-looking statements relate to the date
on which they are made. GreenPower disclaims any intention or obligation to update or revise any forward-looking statements whether
as a result of new information, future events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. ©
2019 GreenPower Motor Company Inc. All rights reserved.
For further information contact: Fraser Atkinson Chairman (604) 220-8048 Brendan Riley President (510) 910-3377
