Two companies (EnerDynamic Hybrid Technologies Corp. (TSXV:EHT.V), 50% owner of Cat5 Building Systems ('C5BS') & CAT5 Solar and Microgrids LLC ('C5SM'), and Hempgrid, LLC that share a commitment to resilient, safe, sustainable, green construction and healthy communities have joined forces and formed a new joint venture by combining their experienced teams to develop a new, vertically integrated manufacturing and distribution company focused on the global green building industry.

C5BS is an innovative construction solutions company that holds a patent on a rapidly deployable concrete block, which is mortar-free, dry stacked, and capable of reducing construction time by 50% with little to no skilled labor required. The Cat5 Companies, C5BS & C5SM, additionally offer prefabricated structurally insulated wall and roof panels, as well as various reinforcing materials to aid in installation. The Cat5 Companies' current work is centered in Puerto Rico, where its block, SIP wall and roof panels, solar, and microgrid technologies allows storm-torn communities to rebuild faster, using sustainable and resilient materials, reducing labor costs, and yielding structures that can be designed to withstand very high winds which are not affected by mold, mildew, insects or flooding. EHT's solar and microgrid solutions harness patented design and sustainable materials and processes to create high performance products for global residential, commercial, and public sector applications. Hempgrid is a leading industry development and venture acceleration company, which will operationalize a go-to-market strategy for the new joint venture and provide ongoing business development, management, and marketing services. The joint venture aims to offer U.S. and global markets sustainable, economically viable & environmentally friendly building and solar solutions, as well as exploring innovative ways of incorporating industrial hemp into existing and new products, thereby reinforcing and strengthening materials, sequestering carbon, and maturing the overall hemp supply chain with high-value end products with equally high demand. 'Marrying new building design, clean manufacturing, environmental remediation and support for healthy building programs is a win, win, win for all parties,' said Malcolm Wright, CEO of the Cat5 Companies and co-chair of the new joint venture.

About Hempgrid: Founded in 2019, this hemp industry accelerator, innovator and venture development firm helps organizations develop or strengthen the supply/value chain for industrial hemp. Working in collaboration with universities, scientists, academicians, engineers, branding and subject matter experts, the company is focused on bringing hemp's many benefits to bear throughout the global manufacturing and agricultural industries. www.hempgrid.com

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