News Release

Element 1 Corp signs Technology License Agreement with Global

Manufacturer for the Production of Hydrogen Generators and Fuel Cell

Systems.

Bend, Oregon, U.S.A., January 8th, 2018– Element 1 Corp (“e1”), a developer of hydrogen generation

technology, today announced it has signed a technology license agreement for the S-Series Hydrogen Generator with a global manufacturing company based in Asia. Under the agreement, e1 will provide a license to its industry-leading hydrogen generation technology as well as engineering consulting services to advance future versions of the customer’s fuel cell power systems.

e1’s new licensee is a long-time established company based in Taiwan and focused on producing

high-quality, clean-energy technologies for Asia and Europe. They have been working with fuel-cell

related technologies for the last 10 years and are now ready to bring their latest fuel cell power

solution to market. The initial focus will be deploying fuel cell power solutions to telecom providers

in southeast Asia.

“We continue to see increased levels of fuel cell activity from OEMs throughout the global energy

industry,” said Dave Edlund, e1’s Chief Executive Officer. “We have a long history working with this

company, and have been impressed with the capabilities that they bring to the rapidly growing

hydrogen economy. At e1, we are uniquely positioned to offer our licensing partners bundled

technology solutions providing access to our intellectual property focused on hydrogen generation

and integrated fuel cell systems. This contract reflects the growing acceptance of e1’s hydrogen

generation technology as the industry standard supporting PEM fuel cell solutions under 100 kW.

The increased activity in clean-energy technologies, together with e1’s expanding list of technical and

economic advantages are the primary drivers behind the five new agreements e1 has implemented

over the last year with Asian-based companies.”

Element 1 Corp:

Element 1 designs and develops novel processes to enable commercialization of clean-energy and

alternative-energy technology. Through licensing our IP to strategic partners, our mission is to

significantly reduce barriers to the adoption of hydrogen technology and fuel cells for a range of

applications, and to reduce the waste and pollution associated with flaring natural gas. For more

information about Element 1, please visit www.e1na.com.

Media Contact:

Robert Schluter

President

Element 1 Corp

Phone: 541.678.5943

E-mail: robert@e1na.com

Investor / Analyst Contact:

Greg Haugen

CFO

Element 1 Corp

Phone: 541.639.1711

E-mail: greg@e1na.com