WATT Raises Additional Funding from Existing Investors and Appoints New Chairman of the Board

Mount Pleasant, PA, February 15, 2017 — WATT Fuel Cell Corporation (“WATT” or the “Company”) proudly announces that it has closed upon additional growth capital investments from existing shareholders in the form of a senior, secured convertible note.  Simultaneous with the investment, the WATT Board of Directors has been reorganized, and Travis Bradford has been appointed Chairman of WATT’s Board.  In addition to his role on the Board, Bradford will assume a leading executive role in strategic planning, business development, and product commercialization.