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Wednesday, January 24, 2018 4:44:58 PM
FREMONT, CA., January 24, 2018 (GLOBE NEWSWIRE) – DPW Holdings, Inc. (NYSE American: DPW) ("DPW" or the "Company"), a diversified holding company, stated today that it will be hosting an online webinar for its shareholders, investors and the public on Wednesday, February 21, 2018, upon the close of the financial markets that day. The focus of the webinar will be on MTIX, Ltd. with topics ranging from the $50M purchase order and contract that the Company’s subsidiary, Coolisys Technologies (“Coolisys”), has with MTIX, Ltd. to DPW Holdings’ investment in Avalanche International Corp (“AVLP”), the publicly traded parent of MTIX, Ltd. The featured speaker will be Philip E. Mansour, President and CEO of AVLP. All individuals interested in participating in the webinar can email the Company at IR@DPWHoldings.com. The presentation released during the webinar will be available to the public through a current report on Form 8-K that will be filed with the SEC prior to the webinar.
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“We anticipate the webinar on February 19, 2018 focusing on MTIX, Ltd. will be very interesting and we will be happy to address questions from both the participants as well as those questions sent to DPW prior to the webinar We are very pleased with our progress as we march forward to our goal of delivering the first finished units this year to MTIX, Ltd. In March of 2017, we announced the $50M purchase order from MTIX. Our current investment in Avalanche International, although made over time, was due to our appreciation of the sustainable and disruptive add-value proposition of the MLSE® technology and the impact it will have on the textile industry worldwide. I suggest those interested in the future of DPW to participate in the webinar.”
In the meantime I couldnt help myself to be the buyer of 5900 shares @$1.25 today. Amazing that with that announcement I am one of two buys of the stock for the entire day, crazy stuff.
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