N@N

TUALATIN, Ore.--([ BUSINESS WIRE ])--Powin Energy, a wholly owned subsidiary of Powin Corporation (OTCQB:PWON), announced today it has entered a strategic partnership with TIP Capitalas Specialty Markets Group to offer customers an easy-to-use credit facility for the purchase of energy efficient lighting products and energy storage systems. Under the co-branded program, TIP Capital will originate new lease transactions directly with Powin Energyas customers through its range of strategic vendor finance programs.

"Partnering with TIP Capital is a game changer for Powin Energy"

aPartnering with TIP Capital is a game changer for Powin Energy,a said Virgil Beaston, Chief Technology Officer. aWe can now offer zero-down financing packages structured to meet customer needs. With no federal, state or local government rebates/incentives for energy storage, access to TIPas reliable financing program promises to up our market immensely.a

aWe were pleased to welcome Powin Energy as a preferred partner after our rigorous credit review process,a said Ross Reida, Vice President, National Accounts, TIP Capital Specialty Markets Group. aOur goal is to make it easier for customers to buy Powin Energyas energy efficient lighting and energy storage products, which in turn will shorten the sales cycle for the company.a

TIP Capital ([ www.tipcapital.com ]) is a national leader in financing energy efficient products and has become a pioneer in the energy storage space. TIPas Specialty Markets Group works directly with equipment vendors, resellers and distributors to create effective financing programs that help close new sales.

TIP will offer Powin Energy customers a wide variety of equipment finance options, from traditional operating lease financing to structures that transfer ownership at the end of the lease. Options include traditional tax-exempt financing, true lease and conditional sales to commercial customers, state and local government agencies, municipalities and not-for-profit 501c(3) organizations.

For more information about Powin Energy, contact Virgil Beaston, Powin Energyas Chief Technology Officer, at (503) 598-6659 x 153.

About Powin Energy

Powin Energy ([ www.powinenergy.com ]) manufactures and distributes renewable energy and energy efficient lighting products, as well as complete energy storage solutions. Our renewable energy products include, wind and related products, solar energy products, and a full line of rechargeable batteries. Our energy efficient lighting products include LED, T8 fluorescent and T5HO fluorescent.