7934 Government Road, Burnaby, B.C., V5A 2E2 Phone: (604) 551-7831 Fax: 604-676-2767 [email protected] torinopower.com

Torino Power Extends Warrant Expiry

Vancouver, British Columbia, April 12, 2017 – Torino Power Solutions Inc. (CSE: TPS) (the “Company” or “Torino”), announces that it will be extending the expiry date of 2,296,500 outstanding share purchase warrants. The warrants were issued pursuant to a private placement on November 25, 2015 with an exercise price of $0.20 per common share will be extended for 12 months to April 30, 2018. All other terms of the warrants remain the same. Warrant holders are advised that replacement warrant certificates will not be issued and that the original warrant certificates must be presented to Torino Power Solutions Inc. in order to affect the exercise of such warrants.

We seek Safe Harbor.

On behalf of the Board of Directors

“Rav Mlait”

CEO and Director Torino Power Solutions Inc.

For further information, contact at [email protected]

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking information that involves various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company, such as final development of a commercial product(s), successful trial or pilot of company technologies, no assurance that commercial sales of any kind actually materialize; no assurance the Company will have sufficient funds to complete product development. There are numerous risks and uncertainties that could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks regarding protection of proprietary technology; (iii) the ability of the Company to complete financings; (iv) the ability of the Company to develop and market its future product; and (v) risks regarding government regulation, managing and maintaining growth, the effect of adverse publicity, litigation, competition and other factors which may be identified from time to time in the Company's public announcements and filings. There is no assurance that the DTCR business will provide any benefit to the Company, and no assurance that any proposed new products will be built or proceed. There is no assurance that existing “patent pending” technologies licensed by the Company will receive patent status by regulatory authorities. The Company is not currently selling commercial DTCR systems. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.