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Re: SIIX post# 357

Wednesday, 09/20/2017 11:41:36 AM

Wednesday, September 20, 2017 11:41:36 AM

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Workhorse HorseFly™ Drone Package Delivery System Stars in Featured Live Demo Event at PACK EXPO
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Workhorse Group Inc. (NASDAQ:WKHS)
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Today : Wednesday 20 September 2017

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CINCINNATI, Sept. 20, 2017 /PRNewswire/ -- Workhorse Group Inc. (NASDAQ: WKHS), an American technology company focused on providing electric mobility solutions to the transportation sector, today announced that it will demonstrate the HorseFly™ drone package delivery system at the PACK EXPO at the Las Vegas Convention Center, September 25-27, 2017 (Booth #645).

The Workhorse HorseFly™ Unmanned Aerial Vehicle Delivery System is a carbon fiber, high-efficiency octocopter delivery drone that is fully integrated with Workhorse's line of electric/hybrid delivery trucks.

In the PACK EXPO demo, the HorseFly will launch from the roof of an electric delivery truck and deliver a package to mock houses in the 15,000-square-foot exhibit area in the North Hall. After the delivery, the lithium polymer battery-powered HorseFly will return to the truck to dock and recharge. Demonstrations will occur regularly during each day of the show. A camera mounted on the HorseFly will give visitors a drone's eye view of the exhibit hall and its delivery route.

The patent-pending truck and drone HorseFly package delivery system is compliant with all current FAA regulations. It can carry a package weighing up to 10 pounds with an energy cost of approximately $.03 per mile for electricity.

Earlier this year, UPS and Workhorse successfully tested residential package delivery by autonomous drone from atop an electric UPS step van also built by Workhorse. The delivery demonstrates the improved efficiencies drones can provide on rural delivery routes, while reducing vehicle emissions. This technology could save time and reduce costly driver miles.

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