Richmond Hill, Ontario, Canada, June 20, 2023 (GLOBE NEWSWIRE) -- Worksport Ltd. (Nasdaq: WKSP; WKSPW) (the “Company” or “Worksport”) is excited to announce that it plans to apply for ISO 9000 certification, an internationally recognized standard for quality management systems, for its wholly owned 220,000 sq. ft. Western N.Y. manufacturing facility. With a new manufacturing line in the test and training phase, the Company expects soon to deliver its innovative, industry-leading light truck tonneau covers and later manufacture its groundbreaking SOLIS solar tonneau covers, designed to work with COR, Worksport’s newly improved hot swap battery system.
Worksport believes it can qualify for ISO 9000 certification based on its strict quality policy, defined by the Company’s CEO, Steven Rossi. “At Worksport, we strive to build long-term, positive customer experiences around our products and services,” Rossi said. “We aim to surpass customer expectations and continually pursue perfection while adopting a zero-defects mentality.”
Achieving ISO 9000 certification is difficult and is a significant accomplishment in and of itself. For the certification, a review is performed by an independent organization that assesses conformance to ISO requirements. ISO inspectors will examine Worksport’s key procedures, such as management, design, quality, manufacturing, and supplier control. The latest ISO standard also emphasizes management and decision-making based on risk, opportunities, and the use of a process approach in overseeing its activities.
“Quality has always been a management obsession at Worksport,” Rossi said. “Since inception, our goal has always been to produce the highest quality products, with clear, effective processes and defined roles and responsibilities for all employees. Our devotion to having and maintaining high standards has been efficient, ensuring the Company has the right systems and resources to respond to our customer’s needs quickly.”
“Worksport’s goal is to become the industry’s leading manufacturer of conventional and solar light truck covers and compatible hot swap battery systems, along with other green energy solutions for the sustainable, clean energy, and automotive industries,” Rossi said. “To accomplish that, our objectives must be fully visible and transparent, and our employees’ roles must align with those objectives. It’s a bold move to apply for ISO 9000 certification at this stage in our development. Still, we are an unusually process-minded company, and we strongly believe we can achieve the certification.”
As always, Worksport will update investors on progress toward ISO certification and other product-related developments.
About Worksport Ltd.
Worksport Ltd. (Nasdaq: WKSP; WKSPW), through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. For more information, please visit investors.worksport.com
Connect with Worksport:
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For additional information, please contact:
Steven Obadiah
Investor Relations
Worksport Ltd.
T: 1 (888) 554 8789 E: investors@worksport.com W: www.worksport.com
Forward-Looking Statements
The information contained herein may contain "forward‐looking statements." Forward‐looking statements reflect the current view about future events. When used in this press release, the words "anticipate," "believe," "estimate," "expect," "future," "intend," "plan," or the negative of these terms and similar expressions, as they relate to us or our management, identify forward‐looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: supply chain delays, acceptance of our products by consumers, delays in or nonacceptance by third parties to sell our products, competition from other producers of similar products. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at www.sec.gov. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, the Company's actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. The forward-looking statements made in this press release are made only as of the date of this press release, and the Company undertakes no obligation to update them to reflect subsequent events or circumstances.
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