GlobeNewswire Inc | Jan 6, 2022 08:30AM EST

January 06, 2022

AUSTIN, Texas, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Ideal Power Inc.(Nasdaq: IPWR), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN bidirectional power switches, today announced its participation in the 24th Annual Needham Virtual Growth Conference. Dan Brdar, President and Chief Executive Officer, and Tim Burns, Chief Financial Officer, are scheduled to present and hold meetings with investors as follows:

24th Annual Needham Virtual Growth Conference Presentation Date: Friday, January 14, 2022 Presentation Time: 2:00 p.m. ETWebcast: https://wsw.com/webcast/needham116/ipwr/2283732Meeting availability: January 14th

A webcast replay of the presentation session and a copy of Ideal Powers latest investor presentation will be available on the Companys website. Please contact your Needham representative to schedule a one-on-one.

About Ideal Power Inc.Ideal Power (NASDAQ: IPWR) is pioneering the development of its broadly patented bidirectional power switches, creating highly efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS / data center, solid-state circuit breaker and other industrial and military applications. The Company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN) semiconductor technology. B-TRAN is a unique double-sided bidirectional AC switch able to deliver substantial performance improvements over today's conventional power semiconductors. Ideal Power believes B-TRAN modules will reduce conduction and switching losses, complexity of thermal management and operating cost in medium voltage AC power switching and control circuitry. For more information, visit www.IdealPower.com.

Ideal Power Investor Relations Contact:LHA Investor RelationsCarolyn Capaccio, CFAT: 212-838-3777IdealPowerIR@lhai.com