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Hyliion to Participate in POWERGEN International Conference

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Hyliion Holdings Corp. (HYLN) CEO Thomas Healy will be attending the POWERGEN International Conference in New Orleans on January 24, 2024, to discuss modern electrification needs and distributed power generation. The presentation will be webcast live and archived on the company's investor website.
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AUSTIN, Texas--(BUSINESS WIRE)-- Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, will be attending the POWERGEN International Conference in New Orleans on January 24, 2024. Hyliion Founder and CEO, Thomas Healy, will participate in the Microgrids Breakthroughs track of the Technical Conference Program part of the event to discuss the modern electrification needs and the rise of distributed power generation.

Presentation Date:

January 24, 2024, 2:00 p.m. CT

Location:

New Orleans, Louisiana, Ernest N. Morial Convention Center

Room 208

The presentation will be webcast live on Hyliion’s Youtube and archived on our investor website.

Webcast link: bit.ly/3O4ja6A

About Hyliion

Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production. The Company’s primary focus is to provide distributed power generators that can operate on various fuel sources to future-proof against an ever-changing energy economy. Headquartered in Austin, Texas, and with research and development in Cincinnati, OH, Hyliion is addressing the commercial space first with a locally-deployable generator that can offer prime power, peak shaving, and renewables matching. Beyond stationary power, Hyliion will address mobile applications such as vehicles and marine. The Karno generator is a fuel-agnostic solution, enabled by additive manufacturing, that leverages a linear heat generator architecture. The Company aims to offer innovative, yet practical solutions that contribute positively to the environment in the energy economy. For further information, please visit www.hyliion.com.

Forward Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding Hyliion and its future financial and operational performance, as well as its strategy, future operations, estimated financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management are forward looking statements. When used in this press release, including any oral statements made in connection therewith, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyliion expressly disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements herein, to reflect events or circumstances after the date of this press release. Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion. These risks include, but are not limited to, our status as an early stage the Company with a history of losses, and our expectation of incurring significant expenses and continuing losses for the foreseeable future; our ability to develop to develop key commercial relationships with suppliers and customers; our ability to retain the services of Thomas Healy, our Chief Executive Officer; the expected performance of the Karno generator and system; the execution of the strategic shift from our powertrain business to our Karno business, and the other risks and uncertainties described under the heading “Risk Factors” in our SEC filings including in our Annual Report (See item 1A. Risk Factors) on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 28, 2023 for the year ended December 31, 2022 and Form 10-Q filed with the SEC on November 8, 2023 for the quarterly period ended September 30, 2023. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Should one or more of the risks or uncertainties described in this press release occur, or should underlying assumptions prove incorrect, actual results and plans could different materially from those expressed in any forward-looking statements. Additional information concerning these and other factors that may impact Hyliion’s operations and projections can be found in its filings with the SEC. Hyliion’s SEC Filings are available publicly on the SEC’s website at www.sec.gov, and readers are urged to carefully review and consider the various disclosures made in such filings.

Hyliion Holdings Corp.

press@hyliion.com

Investor Relations

ir@hyliion.com

Source: Hyliion Holdings Corp.

FAQ

What conference is Hyliion Holdings Corp. attending on January 24, 2024?

Hyliion Holdings Corp. will be attending the POWERGEN International Conference in New Orleans on January 24, 2024.

Who will be participating in the conference from Hyliion Holdings Corp.?

Hyliion Founder and CEO, Thomas Healy, will participate in the Microgrids Breakthroughs track of the Technical Conference Program.

Where will the presentation take place?

The presentation will take place at the Ernest N. Morial Convention Center Room 208 in New Orleans, Louisiana.

How can the presentation be viewed?

The presentation will be webcast live on Hyliion’s Youtube and archived on the company's investor website.

What will be discussed during the presentation?

Thomas Healy will discuss modern electrification needs and the rise of distributed power generation.

Hyliion Holdings Corp.

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About HYLN

for the long-haul trucking market which faces large diesel costs, hyliion is developing an add-on hybrid system for semi trailers that will reduce their total fuel consumption by over 30%, giving an roi of less than one year. in addition, it will improve the driver’s quality of life as well as reduce harmful greenhouse gas emissions. the biggest pain point in the trucking industry is fuel consumption, with nearly 40% of operating costs going toward fuel alone. hyliion’s smart suspension system uses regenerative braking to capture power when the vehicle is slowing down or going down hill and reuses it to accelerate. with the smart suspension system we are adding power and technology to the trailer, which is traditionally a passive system. this allows us to tackle multiple other issues in the trucking industry with the same great product. we can give power the truck while it is parked in a rest area so that the driver can turn his diesel motor off, save over 13% in fuel, and finally