Advent Systems Announces New Vice President of Company Development, Europe

BOSTON, March 15, 2022–(Business WIRE)–Arrival Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent” or the “Business”), an innovation-pushed chief in the fuel cell and hydrogen engineering house, is delighted to announce that Hechem Nadjar will be part of the Firm as Vice President of Small business Development, to lead organization progress and sales throughout Europe.

Mr. Nadjar retains considerable knowledge in the oil & gasoline and renewable power industries, successfully deploying hydrogen and gasoline cell know-how answers to current market for TotalEnergies and Shell, where he served as Head of Partnerships & Company Growth (Clear Hydrogen), and Commercial & Business enterprise Enhancement Manager (Hydrogen), respectively. Above the past 9 several years, Mr. Nadjar has centered on commercializing sustainable alternatives in the renewable power marketplace and has played a essential role in securing promotions of significant strategic importance.

Hechem’s appointment will come at a essential time for our business, as we revamp the distribution of our solutions, with an purpose to improve the supply of our vast assortment of clean up and trustworthy gas mobile methods across Europe,” mentioned Advent’s Chief Marketing and advertising Officer, Chris Kaskavelis.

One of Advent’s primary ambitions is to positively contribute to world-wide decarbonization attempts by offering solutions that substantially slash emissions and raise effectiveness. Hechem will additional reinforce these endeavours, as his function will be key to spearheading joint advancement agreements for our gas cell innovations in the transportation sector. We are thrilled to welcome him to the Advent crew and look ahead to a productive collaboration,” Dr. Kaskavelis additional.

Hechem Nadjar said, “I am proud and energized to be signing up for Introduction as a partner in its mission for a cleaner safer planet, via the utilization of hydrogen and gasoline mobile technologies. I am keen to use my a long time of knowledge to carry Advent’s existing and future solutions to the European sector, as perfectly as to establish very long-lasting and sustainable partnerships to velocity this mission.

About Introduction Technologies Holdings, Inc.

Arrival Technologies Holdings, Inc. is a U.S. company that develops, manufactures, and assembles comprehensive gasoline cell devices as very well as giving consumers with vital components for gas cells in the renewable energy sector. Arrival is headquartered in Boston, Massachusetts, with offices in California, Greece, Denmark, Germany, and the Philippines. With additional than 100 patents issued, accredited, and pending for its fuel mobile engineering, Arrival holds the IP for next-era HT-PEM that allows several fuels to purpose at significant temperatures and below extreme ailments – giving a adaptable “Any Fuel. Everywhere.” solution for the automotive, aviation, defense, oil and gas, marine, and electrical power era sectors. For extra facts, go to www.introduction.vitality.

Cautionary Notice Relating to Ahead-Wanting Statements

This press launch includes ahead-seeking statements. These forward-seeking statements generally can be recognized by the use of phrases these as “anticipate,” “be expecting,” “strategy,” “could,” “may well,” “will,” “think,” “estimate,” “forecast,” “intention,” “job,” and other words of similar which means. Every forward-seeking assertion contained in this press release is subject to hazards and uncertainties that could cause precise results to differ materially from people expressed or implied by such statement. Relevant challenges and uncertainties consist of, between other folks, the Company’s capability to maintain the listing of the Company’s popular inventory on Nasdaq upcoming economic overall performance public securities’ opportunity liquidity and trading affect from the consequence of any identified and unfamiliar litigation potential to forecast and retain an sufficient charge of revenue development and correctly approach its charges expectations pertaining to future expenses future combine of income and influence on gross margins attraction and retention of skilled administrators, officers, workers and critical staff ability to compete effectively in a aggressive field capability to guard and enrich Advent’s company popularity and model expectations concerning its associations and actions with technological innovation partners and other 3rd get-togethers impact from future regulatory, judicial and legislative variations to the market ability to identify and acquire complementary systems or solutions and combine all those into the Company’s business foreseeable future preparations with, or investments in, other entities or associations and extreme level of competition and aggressive tension from other organizations globally in the industries in which the Business will run and the risks discovered less than the heading “Threat Factors” in Advent’s Yearly Report on Sort 10-K/A submitted with the Securities and Exchange Fee on May possibly 20, 2021, as very well as the other information and facts filed with the SEC. Buyers are cautioned not to spot appreciable reliance on the ahead-seeking statements contained in this press launch. You are encouraged to examine Advent’s filings with the SEC, obtainable at, for a discussion of these and other threats and uncertainties. The forward-searching statements in this push launch communicate only as of the date of this document, and the Business undertakes no obligation to update or revise any of these statements. Advent’s organization is subject matter to substantial threats and uncertainties, such as those referenced above. Investors, prospective buyers, and some others should give very careful consideration to these hazards and uncertainties.

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Advent Technologies Holdings, Inc.
Elisabeth Maragoula / Chris Kaskavelis
[email protected]

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