TPT Global Tech Inc (TPTW)

[JMC$]

TPT Global Tech [OTCQB:TPTW] Signs Agreement to Become Authorized Reseller of Siemens Electric Vehicle Charging Systems
Thursday, April 7, 2022 11:45 AM
https://www.accesswire.com/696585/TPT-Global-Tech-OTCQBTPTW-Signs-Agreement-to-Become-Authorized-Reseller-of-Siemens-Electric-Vehicle-Charging-Systems

TPT to work with Yunex, LLC, a Siemens business, to bring EV charging systems to America and its "Smart City" Projects

SAN DIEGO, CA / ACCESSWIRE / April 7, 2022 / TPT Global Tech, Inc. ("TPTW, the Company or TPT Global Tech") (OTCQB:TPTW) announced today it has signed a Reseller Agreement with Siemens, www.usa.siemens.com, business unit Yunex, LLC, to make electric vehicle (EV) charging systems available domestically . More specifically, TPT plans to integrate these EV charging systems into their Smart City Projects and hopefully in our Tuskegee, Alabama development project under contract review. The company did not disclose the potential value of the reseller agreement.

Currently, there are more than one million electric vehicles on the road in the US and experts project that number to grow to 18 million by 2030. Siemen's Yunex, LLC business, headquartered in Germany, is active in over 40 countries and provides intelligent mobility services and systems that are leading the way to a cleaner environment and more efficient transportation options. The company's VersiCharge EV charging systems are recognized for their reliability and speed as well as their remote communications capabilities.

"The Siemens-Yunex Traffic EV charging system reseller agreement is a critical aspect of our overall Smart City development strategy and should be a lynchpin in our efforts to make these projects meet the future needs of the population they will serve," said Stephen Thomas, Chairman and CEO of TPTW. "For TPT to be working with a world-leader such as Siemens speaks volumes to the fact that we are making huge strides in building a solid future for the company."