MONROVIA, California, April 16, 2018 – Mullen Mullen Technologies, Inc. is proud to announce the opening of its’ Energy Division facility in Monrovia, California.  The facility will operate as a battery manufacturer, battery pack testing facility and renewable energy research and development center.

Monrovia Facility EquipmentThe facility was formally operated by CODA Energy and Exergonix, at which time major infrastructure upgrades were installed, including extensive power grid capabilities, battery development and testing facilities, and AQMD testing infrastructure.  The facility enables Mullen Energy to manufacture batteries and battery packs for up to (175) 60 kWh BEV’s, (75) 50 kWh energy storage towers and (2) 1 MWh large scale renewable energy storage containers per month.

Contained within the 25,000 square foot facility is equipment and tooling to assemble various sizes of Mullen Energy’s peak shaving, Behind the Meter (BTM) energy storage products.  “BTM units offer residential and small businesses access to lower energy prices, storage of unused power, protection from brown out and other power shortages, as well as a revenue generating capability to sell unused electricity back into the power grid’, stated Mullen CEO, David Michery.

In development is a scalable in home renewable energy storage wall unit matched to consumers energy needs.  Mullen Technologies is developing a new lithium based battery in conjunction with a Fortune 100 research and development organization that will greatly reduce the size and cost of current batteries.  This will bring Mullen’s mission to make household’s energy self-sufficiency a reality.

Monrovia Facility Equipment ToolingThe Monrovia facility was transferred to Mullen Energy in February 2018 and is now beginning full scale operations.  Mullen Energy also leases (42) 50-kWh thru 250-kWh BTM units to small businesses throughout Southern California.  This Monrovia facility will act as a service and maintenance facility for all products managed by Mullen Energy.

Mullen Technologies, Inc. is committed to not only low cost, high quality product, but to being a fiscally responsible organization that values good business sense and refuses to spend indiscriminately or irresponsibly.

About Mullen Technologies:
Mullen Technologies, Inc. is a California based pre-IPO Electric Vehicle (EV) manufacturer and international distributor of high tech, zero emission vehicles. The Company aims at solving the significant environmental problem caused by gasoline powered vehicles and providing a variety of affordable, electric cars to the American market and the entire world market. Currently, the Company manufactures a proprietary USDOT certified four door electric sedan. The company is in negotiations with several international vehicle manufacturers to develop joint ventures to bring quality, cost effective vehicles to the United States for certification and distribution.

Mullen Technologies, Inc. is committed to not only low cost, high quality product, but to being a fiscally responsible organization that values good business sense and refuses to spend indiscriminately or irresponsibly.

Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements. Forward looking statements in this press release include statements relating to the Company’s corporate finance and other strategic initiatives, and the Company’s expansion into markets outside of the golf industry. Forward-looking statements are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: the timing and nature of any capital raising transactions; our ability to offer products and services for use by customers in new markets outside of the golf industry; the risk of competition; our ability to find, recruit and retain personnel with knowledge and experience in selling products and services in these new markets; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Current Report on Form 8-K filed with the Securities and Exchange Commission on May 12, 2015. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements.

For information please contact:
Investor Relations
www.MullenUSA.com
Mullen Technologies, Inc.
(888) 606-0050