Göran Bolin appointed as Head of Innovation

- Focuses on further strengthening the SaltX IP portfolio

The energy storage company SaltX Technology’s - listed on Nasdaq First North Premier – Founder and CTO Göran Bolin adopts a new role in the company as Head of Innovation. Göran has been active in the company and its predecessor for decades.

Göran has been invaluable for SaltX's foundation and development. He has been part of its management during all the years and contributed with his great inventiveness. Göran has also created the company's technical solutions that are protected by patents worldwide. To this, Göran's great commitment to solutions to the climate threat and perseverance, can be added. I am glad that through the new role we can further focus on strengthening the SaltX patent portfolio.” says Harald Bauer, CEO of SaltX Technology.

Göran Bolin will in his employment focus on the graphene project together with Ahlstrom-Munksjö and the company's continued development of patent-protected innovations as well as on the role of advisor to management. The new focus means that he leaves the company's top management, the role as CTO and formal functions as deputy CEO and board member of subsidiaries.

"In my new role, I am happy to be able to devote myself entirely to what I think is the most interesting and which may lead to important progress for SaltX and the world." says Göran Bolin.

Corey Blackman was named Head of Technology in December 2018. Corey has been employed since 2011 as development engineer.

For further information, please contact:
Harald Bauer, CEO at SaltX Technology, tel +46-708 10 80 34

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About SaltX Technology
SaltX Technology develops and sells patented energy storage technology, which is marketed under the brand SaltX ™. Customers consist mainly of major global OEM partners such as Alfa Laval, Mobile Climate Control and Rheem. SaltX Technology's stock is listed on Nasdaq Stockholm First North. FNCA Sweden AB, +46-8-528 00 399, info@fnca.se, is SaltX Technology’s Certified Adviser. For more information, visit www.saltxtechnology.com.

Stockholm, March 22, 2018

About Us

SaltX Technology is an award-winning company in Sweden which has developed a worldwide patented ground-breaking nano technology, storing energy in salt for an unlimited amount of time to provide heating and/or cooling. The company is primary focusing on large scale energy storage, which is required to deal with the inconsistency of renewable energy supply. SaltX´s innovation, built with nano-coated salt technology, is a circular thermal energy storage solution that provides peak shifting to energy grid providers, industrial and commercial customers. With a low cost SaltX Energy Storage is enabling the full transition to renewable energy, globally.

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