UGE Announces Release Date for Q2 2018 Financials and Appointment of Pratik Shah as CFO

Toronto, Aug 21, 2018 (Issuewire.com)  - UGE International Ltd. (the “Company” or “UGE”) (TSX VENTURE: UGE, OTCQB: UGEIF), a leader in renewable energy solutions for the commercial and industrial sector, announces that it will release its Q2 2018 financial results on August 28, 2018.

Appointment of Pratik Shah as CFO

In addition, the Company wishes to announce the appointment of Mr. Pratik Shah as its CFO effective August 13, 2018. Mr. Shah is a CPA, CA that has spent several years in public company financial reporting and corporate finance roles. Prior to his work in the industry, Mr. Shah worked for PricewaterhouseCoopers LLP, where he provided various assurance and valuation services to a range of industries, including multinational construction and engineering firms.

“We are excited that Mr. Shah has joined our team to bring a fresh perspective to our business,” said Nick Blitterswyk, CEO of UGE. “We have grown significantly in recent years and are striving towards bigger and better milestones in the years to come.  Pratik’s extensive and well-rounded background fits perfectly with what we are looking to achieve.”

“I see significant opportunities in the commercial solar space and look forward to working with UGE to further grow our presence in this market,” said Mr. Shah.  “Now is the time for us to refine our strategy and streamline our operations to lead towards a stronger and more profitable UGE down the road.”

About UGE

UGE delivers immediate savings to businesses through the low cost of solar energy. We help commercial and industrial clients become more competitive by providing distributed renewable energy solutions at no upfront cost, generating long-term economic and environmental returns. With over 370 MW of global experience, we work daily to power a more sustainable world. Visit us at www.ugei.com.

For more information, contact UGE at: http://www.ugei.com

Media Contact

UGE International Ltd.

investors@ugei.com

917 720 5685

Victoria Street, 7th Floor

Toronto, ON

http://www.ugei.com