myFC intends to sell PowerTrekk assets


myFC Holding AB has retained Value Position AB as a financial and strategic
advisor to explore the possibility of divesting all assets in relation to the
myFC PowerTrekk product family.
The company will focus wholly on the new JAQ product range. JAQ is based on a
different technology. Both the fuel cell and the fuel platform including
charging logic is different and therefore it is easy to divide assets between
PowerTrekk and JAQ.

The PowerTrekk assets will include IP and PowerTrekk related brands,
manufacturing machinery, component stocks, among other product centered
components.

“The divestment project that we have now started is consistent with the
company's stated objective of focusing on the new JAQ product line. For myFC, it
is vital to take the next step and focus exclusively on JAQ. The first JAQ
product will enter the market in Q4 2015.” says Björn Westerholm, CEO at myFC.

For further questions, please contact:
Björn Westerholm, CEO
Email: bjorn.westerholm@myfc.se
Telephone: +46 (0) 706 56 20 07
About myFC
myFC is a Swedish innovation company that develops energy solutions using fuel
cell technology. The company has launched two portable fuel cell chargers for
small electronics like cell phones, cameras and tablets. Fuel cells use
environmentally friendly technology that enables instant charging from a
depleted battery state without ever needing a wall charge. myFC was founded in
2005, has its head office in Stockholm and was listed on the NASDAQ OMX First
North in May 2014. The company’s Certified Advisor is Remium Nordic AB. To find
out more, please visit www.myfcpower.com

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