LOTE Awarded 6th Electric Vehicle Installation at an Airport Parking Facility

TOLLAND, Conn., May 23, 2017 /PRNewswire/ -- Lot 78, Inc. (OTCPink: LOTE), announces that it has been awarded its 6^th installation of its Juice Bar Electric Vehicle Charging Station (www.juicebarev.com ) at Jiffy Park Seattle (www.jiffyparkseattle.com ) serving the SeaTac Airport. Juice Bar Electric Vehicle Charging Stations previously have been installed at airport parking facilities in Hawaii, Colorado, Ohio, Connecticut and New Hampshire.

LOTE CEO David Schmid: "Publicly owned on-airport parking facilities and privately owned off airport parking facilities offer a unique opportunity for our company. Both the public and private sector serving airport travelers recognize the need to serve the ever growing segment of the population choosing to drive electric vehicles. We believe that this market space will continue to provide growth opportunities for our company."

ABOUT LOT 78, INC. The Company was incorporated in the State of Nevada on June 27, 2008. On March 14, 2011, the Company filed a Certificate of Amendment with the Secretary of State of Nevada changing the name of the Company to "Bold Energy, Inc." On November 12, 2012, the Company, then under the name Bold Energy, Inc., entered into a Share Exchange Agreement with Anio Limited a limited liability company established under the laws of the United Kingdom ("Anio Ltd."), which conducts its primary line of business under the name Lot78, Inc., the shareholders of Anio Ltd., and the controlling stockholders of the Company. The company changed names to Lot78, Inc. on January 31, 2013. On July 15, 2016, the Company entered into a Letter of Intent to merge with Compound Holdings, LLC, a Connecticut limited liability company. Subsequently, on July 18, 2016, the Company and Compound Holdings LLC entered into a definitive Agreement and Plan of Merger. Pursuant to the plan of merger, upon closing, the Company intends to change its name to Compound Holdings, Inc.

SOURCE Lot 78, Inc.