TUGA Files Patent for Innovative Food Delivery Module

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VANCOUVER, British Columbia and LISBON, Portugal, Sept. 22, 2022 (GLOBE NEWSWIRE) — TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) (“TUGA Innovations,” or the “Company”), which is growing options for city mobility challenges with the TUGA, a brand new sort of electrical car (“EV”), is happy to announce the introduction of the TUGA Delivery Box, a novel meals supply module, as a part of its product improvement efforts.

The TUGA Delivery Box improvement staff has filed a patent utility (file quantity 63/339,588) to guard sure mental property relating to the performance and options of the product. The TUGA Delivery Box is being designed to keep up the standard and integrity of meals or different parts contained in the field by providing automated environmental controls together with heating and/or cooling, air filtration, weight distribution, and order segregation throughout transport from level of preparation to end-user consumption.

Designed particularly for use with the TUGA three-wheeled, extremely agile, and absolutely electrical inline driver/cargo configuration, the module is instantly removable and is being additional designed to supply elective wheels (together with motorized wheels) to facilitate dealing with and ease-of-access for pickup and/or supply in restricted entry places. Provisional designs embrace elective drone attachments for airborne supply in vertically challenged conditions.

Company co-founder and VP César Barbosa states, “Our TUGA Delivery Box makes use of the modular philosophy of all TUGA vehicles and is being designed specifically for use with the TUGA “Deliver” mannequin. The intent is to supply a high-end, high-quality atmosphere for premium meals transportation and for the Delivery Box to be optimized for the kitchen-to-customer journey. The market for meals transportation is a big alternative, and we’re aiming to supply a high-quality novel answer which brings important model profile utility, market penetrative options, and best-in-class environmental care and consideration for urbanites who demand a greater meal supply answer.”

The TUGA absolutely electrical fore-and-aft 2-seat car goals to handle the numerous challenges confronted when driving in, between, and round city centres and metropolitan areas. The car isn’t any wider than a bike for agility and boasts a patent pending increasing rear axle for stability at increased speeds and a just lately introduced patent-pending increasing size car chassis system providing a singular backwards motion of the rear a part of the car to allow improved passenger and/or cargo entry. The TUGA platform is designed to supply a number of physique kinds initially recognized because the TUGA Commuter, TUGA Deliver and TUGA One ideas.

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Company CEO John Hagie provides, “Our Delivery Box is designed to bring significant attention to environmental conditions connected with the delivery of food or goods that need specific environmentally controlled conditions. The concept is innovative enough to seek intellectual property protection. This is yet another example of the TUGA solution aiming to offer an innovative, high-end, high-quality approach to urban mobility concerns,” Mr. Hagie continues. “We are committed to unlocking value for our company on behalf of our partners, stakeholders, and shareholders alike.”

On behalf of the Board of Directors,
Sincerely,

~John Hagie~

John Hagie
Chief Executive Officer & Director
TUGA Innovations, Inc.

As a part of the Company’s disclosure obligations as a public issuer, ongoing monetary and materials filings may be discovered below the Company’s profile on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. We invite the general public to go to our web site at www.tugainnovations.com and to enroll to our “news alerts” to be suggested of future information and occasions. Please watch our video which is now out there on the web site, and observe us on Instagram, Twitter, and LinkedIn.

About TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF)

TUGA Innovations is a development-stage electrical car firm endeavor the conception, design, and manufacturing of specialised EVs to enhance the city mobility expertise. The Company is trying to scale back city mobility difficulties by growing a family of three-wheeled, absolutely electrical fore-and-aft 2-seat automobiles. The car isn’t any wider than a bike for agility and affords a patent pending increasing rear axle for high-speed stability together with a patent pending expandable chassis designed for passenger consolation. The car will supply superior connectivity know-how to maximise security, efficiency, environmental affect, consolation, upkeep, and navigation. The TUGA car is being designed to ship an estimated 160 km vary, have an estimated high velocity of 140km/hour with the comforts of a automotive, and with extra safety than a bike in an interchangeable multi-body, multi-function platform. Find out extra at: https://tugainnovations.com/, watch our video, and observe us on Instagram, Twitter, and LinkedIn.

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For additional data, please contact:

TUGA Investor Relations
Tel: +1 415.799.7911
Email: info@tugainnovations.com

Forward-Looking Statement

This information launch comprises statements and data that, to the extent that they don’t seem to be historic truth, might represent “forward-looking information” throughout the which means of relevant securities laws. Forward-looking data might embrace monetary and different projections, in addition to statements relating to future plans, goals, or financial efficiency, or the idea underlying any of the foregoing. In some instances, forward-looking statements may be recognized by phrases reminiscent of “aim”, “aims to”, “aiming to” “may”, “would”, “could”, “will”, “will be” “likely”, “expected”, “anticipated”, “believe”, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook”, “hope”, “the potential to” or the adverse thereof or different comparable expressions regarding issues that aren’t historic details. Examples of such statements embrace, however will not be restricted to, statements with respect to the Company’s product improvement efforts, safety of the Company’s mental property and designs, together with patent purposes; the design, options, and performance of the Company’s TUGA platform, physique kinds, and Delivery Box; the supposed compatibility of the Company’s product choices; the Company’s goal markets and the alternatives out there to the Company inside them; the Delivery Box being optimized for the kitchen-to-customer journey; the Company’s skill to supply model profile utility, market penetrative options, and environmental care and consideration to the meal supply market; the Company providing an revolutionary, high-end, high-quality method to city mobility issues; the Company combining a number of choices; the Company addressing challenges confronted when driving in, between, and round city centres and metropolitan areas; the Company dedicating automobiles aimed on the supply service phase; the Company providing a uniquely-tailored answer within the quickly altering automotive sector; the Company’s commercialization of its automotive ideas, together with the width of the car, the expanded rear axle function of the car, a number of physique kinds for the car, the increasing size car chassis system of the car, the superior connectivity options of the car and their anticipated advantages, the km vary and high velocity of the car, and the safety and platform provided by the car.

Forward-looking data relies on the assumptions, estimates, evaluation, and opinions of administration made in gentle of its expertise and its notion of developments, present situations and anticipated developments, in addition to different elements that administration believes to be related and cheap within the circumstances on the date that such statements are made, however which can show to be incorrect. The materials elements and assumptions used to develop the forward-looking data contained on this information launch embrace, however will not be restricted to, key personnel and certified staff persevering with their involvement with the Company; the Company’s skill to safe further financing on cheap phrases; the aggressive situations of the industries during which the Company operates; and legal guidelines and any amendments thereto relevant to the Company.

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Forward-looking data includes recognized and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, efficiency or achievements of the Company to vary materially from any future outcomes, efficiency or achievements expressed or implied by the forward-looking data, together with, with out limitation, dangers referring to the long run business plans of the Company; dangers that the Company will be unable to retain its key personnel; dangers that the Company will be unable to safe financing on cheap phrases or in any respect, in addition to all the different dangers as described within the Company’s remaining prospectus dated November 30, 2021 below the heading “Risks Factors.” Accordingly, readers mustn’t place undue reliance on any such forward-looking data. Further, any forward-looking data speaks solely as of the date on which such assertion is made. New elements emerge sometimes, and it’s not potential for the Company’s administration to foretell all such elements and to evaluate prematurely the affect of every such issue on the Company’s business or the extent to which any issue, or mixture of things, might trigger precise outcomes to vary materially from these contained in any forward-looking data. The Company doesn’t undertake any obligation to replace any forward-looking data to mirror data or occasions after the date on which it’s made or to mirror the incidence of unanticipated occasions, besides as required by regulation, together with securities legal guidelines.

The CSE doesn’t settle for accountability for the adequacy or accuracy of this launch.



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