Energy Plug Technologies Corp. announced the appointment of Fred Stearman to the role of Chief Executive Officer, effective immediately. Mr. Stearman brings thirty years of capital markets, executive management experience, and has held leadership roles with several energy and technology companies over the years.

Fred has managed and consulted on large power and critical infrastructure projects, as well as procuring supply chain components worldwide. During his tenure at Bell Canada in the ICT (information, Computer Technology), Fred developed the skill set to focus on Data Centers and managed services that were central to the Cloud Computing industry. Fred went on to create a world class leading Cloud Computing company Next Layer, and later built the tier three Atlas Cloud Data Center to host Visual effects applications for Vancouver's Film Industry.

For the last number of years, Mr. Stearman has been focused on large scale critical energy storage with the aim of meeting the high energy demands of new technologies, household energy storage, and the facilitation of remote EV charging stations. The appointment of Mr. Stearman follows the resignation of Paul Dickson as the Chief Executive Officer who will transition to Chief Technical Officer and remain as a director of the Company.