CleanSpark Creates Joint Venture Relationship with International Partners to Import PPE for Hospitals Fighting the COVID-19 E...
April 09 2020 - 9:00AM
CleanSpark, Inc. (Nasdaq: CLSK), a diversified software and
intelligent energy services company today announced that it has
created a joint-venture relationship (JV) with members of its
multinational supply and distribution channel partners. The
JV has secured significant quantities of N-95 masks, KN-95 masks,
gowns, gloves and other Personal Protective Equipment (PPE) to be
supplied to hospitals and frontline medical personnel who are in
dire need while fighting the COVID-19 outbreak.
“CleanSpark is pleased to have the opportunity to leverage our
existing relationships and commit our resources to provide relief
within the constrained supply chain for certain medical
equipment. Our capital participation will allow the JV
to increase the quantities of PPE’s our partners can procure for
shipment to the US. CleanSpark anticipates a reasonable
return on investment for our participation to the benefit of the
shareholders, as well as the end users of the equipment by ensuring
that the PPE is supplied at fair prices to those most in need.
The JV partners have long-standing import relationships and
as such, have secured competitive pricing on the otherwise
unavailable Personal Protective Equipment.” said CEO of CleanSpark,
Zach Bradford.
Parties interested in using CleanSpark’s platform are encouraged
to inquire by contacting the Company directly
at info@cleanspark.com or visiting the Company’s website
at www.Cleanspark.com
About CleanSpark:
CleanSpark a software and services company which offers software
and intelligent controls for microgrid and distributed energy
resource management systems and innovative strategy and design
services. The Company provides advanced energy software and
control technology that allows energy users to obtain resiliency
and economic optimization. Our software is uniquely capable of
enabling a microgrid to be scaled to the user's specific needs and
can be widely implemented across commercial, industrial, military,
agricultural and municipal deployment. Our product and services
consist of intelligent energy controls, microgrid modeling
software, and innovation consulting services in design, technology,
and business process methodologies to help transform and grow
businesses.
Forward-Looking Statements:
CleanSpark cautions you that statements in this press release
that are not a description of historical facts are forward-looking
statements. These statements are based on CleanSpark's current
beliefs and expectations. The inclusion of forward-looking
statements should not be regarded as a representation by CleanSpark
that any of our plans will be achieved. Actual results may differ
from those set forth in this press release due to the risk and
uncertainties inherent in our business, including, without
limitation: the fitness of the product for a particular application
or market, the expectations of future growth may not be realized,
timing of deliveries, demand for our software products; and other
risks described in our prior press releases and in our filings with
the Securities and Exchange Commission (SEC), including under the
heading "Risk Factors" in our Annual Report on Form 10-K and any
subsequent filings with the SEC. You are cautioned not to place
undue reliance on these forward-looking statements, which speak
only as of the date hereof, and we undertake no obligation to
revise or update this press release to reflect events or
circumstances after the date hereof. All forward-looking statements
are qualified in their entirety by this cautionary statement, which
is made under the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995.
Investor Relations
CleanSpark, Inc.
(801)-244-4405
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