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NEWS -- EEStor Retains Investor Relations Firm

TORONTO, ON--(Marketwired - March 22, 2016) - EEStor Corporation (TSX VENTURE: ESU) ("EEStor" or the "Company") announced today that, subject to regulatory approval, it has retained Transcend Capital Inc. ("Transcend") to develop and implement an investor relations program for the Company. Transcend, with offices in Vancouver, British Columbia, is a full-service investor relations firm that assists small and mid-cap public companies with market awareness campaigns and helps these companies gain valued industry exposure through an extensive network of retail and institutional clients. Mr. Etienne Moshevich is the sole owner of Transcend.

Transcend will provide comprehensive investor relations services to EEStor for an initial period of 24 months, subject to earlier termination in certain circumstances. Transcend is to be paid declining monthly fees aggregating C$190,000 for the 24 month term of the agreement, exclusive of applicable taxes, and is entitled to be reimbursed for reasonable expenses incurred. Transcend and its directors, officers and employees own common shares of EEStor aggregating less than 4% of the number of outstanding shares.

Neither 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.

Contact:

Ian Clifford
Chief Executive Officer
EEStor Corporation
Tel. [phone]
mailto://[e-mail]