SALT LAKE CITY, Sept. 23, 2020 /PRNewswire/ -- CleanSpark,
Inc. (Nasdaq: CLSK) ("the Company") a diversified software and
services company announced that it received a contract to provide
intelligent switchgear upgrades and support for a US Embassy
located on the African continent.
According to the agreement, CleanSpark will service the
paralleling switchgear controls at the Embassy for a term of 5
years including upgrades to the equipment. Additionally, the
Company will provide technical and online support to Embassy
personnel. Trained on systems utilizing a variety of operating
modes, CleanSpark field service technicians and engineers are
capable of servicing or upgrading switchgear installed by
CleanSpark's Critical Power Division, as well as all other
paralleling switchgear brands. Maintenance and upgrades will be
performed by the CleanSpark team, which is proficient in design and
start-up, troubleshooting, training, and providing maintenance on
switchgear, paralleling controls, and power distribution
equipment.
CleanSpark's CEO Zach Bradford
said, "This is another exciting development for our intelligent
switchgear business. Our team has continued to experience strong
sales of our hardware-based solutions, and recently we've seen an
increase in the maintenance, upgrades, and technical support
segments as well. We are excited to have prevailed on this
competitive government contract. Aside from the overall economic
value, our proposal leverages our prior expertise on secure
government projects, as well as the knowledge base and aptitude of
the professionals within our staff."
Parties interested in learning more about CleanSpark Microgrid
services are encouraged to inquire by contacting the Company
directly at info@cleanspark.com or visiting the Company's website
at https://www.cleanspark.com.
Investors are encouraged to contact the Company
at ir@cleanspark.com, or visiting the Company's website at
https://ir.cleanspark.com/
About CleanSpark:
CleanSpark 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 revenue growth may not be
realized, timing of orders and deliveries, ongoing demand for its
software products and related services, the impact of global
pandemics (including COVID-19) on the demand for its products and
services; 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.
Contact - Investor Relations:
CleanSpark Inc.
Investor Relations
(801)-244-4405
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SOURCE CleanSpark, Inc.