Tornado Global Hydrovacs Poised to Grow in 2022

Facility Enhancement, Management & Financial Strengthening, Product Line Extension

CALGARY, Alberta, Jan. 31, 2022 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado”, the “Company” or “we”) (TGH: TSX-V) is pleased to announce that it has strategically positioned itself for growth in 2022 and beyond. Over the past several months, Tornado has focused on implementing five strategic initiatives: (i) restructuring our management team by recruiting some of the top managers in the industry; (ii) relocating from a leased facility to a much larger and well equipped, owned facility in a better location; (iii) expanding our product line to match the needs of the excavation industry; (iv) taking a new approach to the way we distribute our products; and (v) strengthening our financial position to help fund the growth.

“These strategic initiatives have been pursued because the demand for hydro-excavation is expected to grow significantly for two primary reasons: infrastructure rejuvenation and global warming. We have all read about the amount of infrastructure spending expected in the years ahead and the demands this will create for hydro-excavation and in turn for hydrovac trucks. What is also clear is that we are seeing an increase in destructive weather patterns that is making the need for rapid response from non-destructive excavation equipment such as hydrovacs, to swiftly repair infrastructure damage,” said Brett Newton, Tornado’s President and CEO.

About Tornado Global Hydrovacs Ltd.
Tornado is a pioneer and leader in the vacuum truck industry and has been a choice of oilfield and utility professionals with over 1,000 hydrovacs sold since 2005. The Company designs and manufactures hydrovac trucks as well as provides heavy duty truck maintenance operations in central Alberta. It sells hydrovac trucks to excavation service providers in the infrastructure and industrial construction and oil and gas markets. Hydrovac trucks use high pressure water and vacuum to safely penetrate and cut soil to expose critical infrastructure for repair and installation without damage. Hydrovac excavation methods are quickly becoming a standard in the North America to safely excavate in urban areas and around critical infrastructure greatly reducing infrastructure damage and related fatalities. In China, the Company’s subsidiary is used principally to source certain parts to the Company’s North America operations.

For more information about Tornado Global Hydrovacs Ltd., visit www.tornadotrucks.com or contact:

Advisory

Certain statements contained in this news release constitute forward-looking statements. These statements relate to future events. All statements other than statements of historical fact are forward-looking statements. The use of the words “anticipates”, “should”, ‘‘may”, “expected”, “expects”, “believes” and other words of a similar nature are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Although Tornado believes these statements to be reasonable, no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. Such statements include the statement with respect to: (i) management’s belief that is has strategically positioned Tornado for growth in 2022 and beyond; (ii) the expected increase in the amount of infrastructure spending and the demand such spending will create for hydro-excavation and in turn hydrovac trucks; and (iii) the increase in natural disasters caused by global warming and effect of the same on the need for hydro-excavation. The forward-looking statements contained in this news release represent Tornado’s expectations as of the date hereof, and are subject to change after such date. Tornado disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as may be required by applicable securities regulations.

Neither the Exchange nor its Regulation Service Provider (as that term is defined in policies of the Exchange) accepts responsibility for the adequacy or accuracy of this news release.