JEV Wins Solar Impulse Efficient Solution Label

Jericho Energy Ventures: Hydrogen Technologies’ DCC™ Zero-Emission Boiler Awarded the “Solar Impulse Efficient Solution” Label Recognizing Profitable Solutions to Protect the Environment

TULSA, OK and VANCOUVER, BC / ACCESSWIRE / December 12, 2022 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC:JROOF)(FRA:JLM) (“Jericho”, “JEV” or the “Company”) is pleased to announce that the zero-emission Dynamic Combustion Chamber™ (DCC™) hydrogen fueled boiler, developed by its wholly owned subsidiary, Hydrogen Technologies (HT), has been awarded the Solar Impulse Foundation’s “Solar Impulse Efficient Solution” Label which identifies solutions that meet specific high standards in profitability and sustainability and presents them to global decision-makers to fast-track their implementation.

The Solar Impulse Efficient Solution Label is designed to shed light on existing solutions that are both clean and profitable and is awarded to products, services, and/or processes that combine credible environmental and economic performance, while outperforming the mainstream options in its market. The decision to grant the Label is based on a rigorous assessment performed by external, independent experts. The development of stringent selection criteria has resulted in the Solar Impulse Label being internationally recognized and endorsed by several institutions, states, and cities around the world.

Brian Williamson, CEO of JEV, said, “We are, of course, honored to receive this prestigious recognition from the Solar Impulse Foundation. I applaud the fortitude and determination shown by the Hydrogen Technologies Team which made this achievement possible, and we look forward to our DCC™ playing a major role in the reduction of greenhouse gas emissions from the commercial and industrial heat and steam market globally.”

Bertrand Piccard, Chairman of the Solar Impulse Foundation, comments, “Each time I speak of protecting the Environment to heads of state or government officials, they tell me that it is too expensive. This Label is a strong message to them: solutions exist and represent the biggest market opportunity of our century. An opportunity which cannot be missed.”

To learn more about the DCC™’s Solar Impulse Efficient Solution Label, please visit: https://solarimpulse.com/solutions-explorer/dynamic-combustion-chamber

The DCC™ is a hydrogen fueled boiler with zero CO2 and zero Greenhouse Gas emissions which been validated as operating with an overall GHG-free fuel combustion efficiency of nearly 100% in recent independent testing by Process Engineering Associates, LLC, a specialized process engineering firm.1 The DCC™ was designed to replace existing boilers that burn coal, natural gas, diesel, or fuel oil, which account for a significant percentage of global greenhouse gasses emitted each year.

About Hydrogen Technologies

Hydrogen Technologies (HT) offers its award-winning CLEAN, ZERO-EMISSION ENERGY SOLUTION for the Commercial and Industrial Boiler Market. There are a wide range of applications for our cleanH2steam DCC™ Boiler, which work much like traditional commercial heat, hot water and industrial steam boilers: be it district heating, food processing, chemical refining, pharmaceuticals, pulp and paper mills or industrial manufacturing processes, HT has a reliable, efficient and clean solution for your GHG and ESG goals.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from JEV of US$100,000 cash for a twelve-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.