ROTH Capital Partners Acts as Advisor
to Pioneer Power Solutions, Inc. (PPSI) in its
Acquisition of Titan Energy Worldwide, Inc.

For more information please contact:

Investment Banking
Robert Stephenson
Managing Director
(949) 720-5750
rstephenson@roth.com

 

Jesse Pichel
Managing Director
(646) 358-1919
jpichel@roth.com

 

Brian Kremer
Director
(949) 720-5726
bkremer@roth.com

 

Michael McMahon
Associate
(949) 720-7150
mmcmahon@roth.com

Transaction Information
On December 2, 2014, Pioneer Power Solutions, Inc. (PPSI) announced the acquisition of control of Titan Energy Worldwide, Inc. (TEWI) ("Titan") and on December 31, 2014, announced the completion of the purchase of 100% of the preferred stock of Titan from 24 individual stockholders, and a short-form merger between Titan and a wholly-owned subsidiary of Pioneer.

ROTH Capital Partners acted as financial advisor to Pioneer.

About Pioneer Power Solutions, Inc.
Pioneer Power Solutions, Inc. is a manufacturer of specialty electrical transmission and distribution equipment and provides through its subsidiaries a broad range of custom-engineered and general purpose solutions for electrical applications in the utility, industrial and commercial markets. The Company is headquartered in Fort Lee, New Jersey and operates from eight additional locations in the U.S., Canada and Mexico for manufacturing, centralized distribution, engineering, sales and administration. To learn more about Pioneer, please visit our website at www.pioneerpowersolutions.com. (Source: Company Press Release | 1/02/15)

About ROTH Capital Partners
ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately-held and employee owned, and maintains offices throughout the U.S. and Hong Kong. For more information on ROTH, please visit www.roth.com.

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The material, information and facts discussed in this announcement other than the information regarding ROTH Capital Partners, LLC ("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be reproduced in any form without the express written permission of ROTH. Copyright 2015.