WOOD DALE, Ill., Dec. 24, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the "Company" or "PSI") (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, announced today that The Nasdaq Stock Market LLC ("Nasdaq") has approved its application for uplisting the Company's common stock to Nasdaq. PSI's common stock is expected to commence trading on Nasdaq at the opening of the market on December 26, 2024, under the Company's current ticker symbol "PSIX."

Dino Xykis, Chief Executive Officer, commented, "The uplisting to Nasdaq is a transformative moment for our company. It reflects the hard work of our dedicated employees at all levels, the loyalty of our shareholders, and the strength of our strategic vision. Trading on a premier global exchange like Nasdaq will enhance our visibility, attract a broader investor base, and provide greater liquidity for our stock. As we embark on this next chapter, we remain steadfast in our commitment to delivering innovation, driving top and bottom-line growth, and creating long-term value to shareholders. This event represents a pivotal point in our journey as a company and underscores the positioning of PSI as a business for growth, and profitability." Xykis continued, "Over the past several years PSI has consistently demonstrated its ability and commitment to profitability, debt reduction and revenue growth by developing cutting-edge technologies, expanding in the data center markets and achieving strong financial results."

kAm$92C69@=56CD 2C6 ?@E C6BF:C65 E@ E2<6 24E:@? 2D 2 C6DF=E @7 E96 FA=:DE:?8]k^Am kAmr2FE:@?2CJ }@E6 #682C5:?8 u@CH2C5\{@@<:?8 $E2E6>6?EDk^AmkAm%9:D AC6DD C6=62D6 4@?E2:?D 7@CH2C5\=@@<:?8 DE2E6>6?ED C682C5:?8 E96 4FCC6?E 6IA64E2E:@?D @7 E96 r@>A2?J 23@FE :ED AC@DA64ED 2?5 @AA@CEF?:E:6D] %96D6 7@CH2C5\=@@<:?8 DE2E6>6?ED 2C6 6?E:E=65 E@ E96 D276\92C3@C AC@G:D:@?D @7 $64E:@? a't @7 E96 $64FC:E:6D tI492?86 p4E @7 'hbc[ 2D 2>6?565 WE96 "tI492?86 p4E"X] %96D6 DE2E6>6?ED >2J :?G@=G6 C:D<D 2?5 F?46CE2:?E:6D] %96D6 DE2E6>6?ED @7E6? :?4=F56 H@C5D DF49 2D "2?E:4:A2E6[" "36=:6G6[" "3F586E65[" "4@?E6>A=2E6[" "6DE:>2E6[" "6IA64E[" "7@C642DE[" "8F:52?46[" ">2J[" "@FE=@@<[" "A=2?[" "AC@;64E:@?[" "D9@F=5[" "E2C86E[" "H:==[" "H@F=5" @C D:>:=2C 6IAC6DD:@?D[ 3FE E96D6 H@C5D 2C6 ?@E E96 6I4=FD:G6 >62?D 7@C :56?E:7J:?8 DF49 DE2E6>6?ED] %96D6 DE2E6>6?ED 2C6 ?@E 8F2C2?E66D @7 A6C7@C>2?46 @C C6DF=ED[ 2?5 E96J :?G@=G6 C:D<D[ F?46CE2:?E:6D 2?5 2DDF>AE:@?D] p=E9@F89 E96 r@>A2?J 36=:6G6D E92E E96D6 7@CH2C5\=@@<:?8 DE2E6>6?ED 2C6 32D65 @? C62D@?23=6 2DDF>AE:@?D[ E96C6 2C6 >2?J 724E@CD E92E 4@F=5 27764E E96 r@>A2?J'D C6DF=ED @7 @A6C2E:@?D 2?5 =:BF:5:EJ 2?5 4@F=5 42FD6 24EF2= C6DF=ED[ A6C7@C>2?46 @C 249:6G6>6?ED E@ 5:776C >2E6C:2==J 7C@> E9@D6 6IAC6DD65 :?[ @C :>A=:65 3J[ E96 r@>A2?J'D 7@CH2C5\=@@<:?8 DE2E6>6?ED]k^AmkAm%96 r@>A2?J 42FE:@?D E92E E96 C:D<D[ F?46CE2:?E:6D 2?5 @E96C 724E@CD E92E 4@F=5 42FD6 :ED 24EF2= C6DF=ED E@ 5:776C >2E6C:2==J 7C@> E9@D6 6IAC6DD65 :?[ @C :>A=:65 3J[ E96 7@CH2C5\=@@<:?8 DE2E6>6?ED :?4=F56[ H:E9@FE =:>:E2E:@?i E96 :>A24E @7 E96 >24C@\64@?@>:4 6?G:C@?>6?E :? 3@E9 E96 &]$] 2?5 :?E6C?2E:@?2==J @? @FC 3FD:?6DD 2?5 6IA64E2E:@?D C682C5:?8 8C@HE9 @7 E96 :?5FDECJj F?46CE2:?E:6D 2C:D:?8 7C@> 8=@32= 6G6?ED W:?4=F5:?8 E96 #FDD:2\&<C2:?6 2?5 xDC26=\w2>2D 4@?7=:4EDX[ ?2EFC2= 5:D2DE6CD @C A2?56>:4D[ 2?5 E96:C :>A24E @? >2E6C:2= AC:46Dj E96 67764ED @7 DEC2E68:4 :?G6DE>6?ED @? @FC @A6C2E:@?D[ :?4=F5:?8 @FC 677@CED E@ 6IA2?5 @FC 8=@32= >2C<6E D92C6 2?5 24E:@?D E2<6? E@ :?4C62D6 D2=6D 8C@HE9j E96 23:=:EJ E@ 56G6=@A 2?5 DF446DD7F==J =2F?49 ?6H AC@5F4EDj =23@C 4@DED 2?5 @E96C 6>A=@J>6?E\C6=2E65 4@DEDj =@DD @7 DFAA=:6CD 2?5 5:DCFAE:@?D :? E96 DFAA=J @7 C2H >2E6C:2=Dj E96 r@>A2?J'D 23:=:EJ E@ 4@?E:?F6 2D 2 8@:?8 4@?46C?j E96 r@>A2?J'D 23:=:EJ E@ C2:D6 255:E:@?2= 42A:E2= H96? ?66565 2?5 :ED =:BF:5:EJj F?46CE2:?E:6D 2C@F?5 E96 r@>A2?J'D 23:=:EJ E@ >66E 7F?5:?8 4@?5:E:@?D F?56C :ED 7:?2?4:?8 2CC2?86>6?ED 2?5 2446DD E@ 42A:E2= E96C6F?56Cj E96 A@E6?E:2= 2446=6C2E:@? @7 E96 >2EFC:EJ 2E 2?J E:>6 @7 E96 =@2?D F?56C E96 r@>A2?J'D F?4@>>:EE65 D6?:@C D64FC65 C6G@=G:?8 4C65:E 724:=:EJ E9C@F89 E96 6I6C4:D6 3J $E2?52C5 r92CE6C65 q2?< @7 :ED 56>2?5 C:89Ej E96 :>A24E @7 C:D:?8 :?E6C6DE C2E6Dj 492?86D :? 64@?@>:4 4@?5:E:@?D[ :?4=F5:?8 :?7=2E:@?2CJ EC6?5D :? E96 AC:46 @7 C2H >2E6C:2=Dj @FC C6=:2?46 @? :?7@C>2E:@? E649?@=@8J 2?5 E96 2DD@4:2E65 C:D< :?G@=G:?8 A@E6?E:2= D64FC:EJ =2AD6D 2?5^@C 4J36C\2EE24<Dj E96 23:=:EJ @7 E96 r@>A2?J E@ 244FC2E6=J 7@C642DE D2=6D[ 2?5 E96 6IE6?E E@ H9:49 D2=6D C6DF=E :? C64@C565 C6G6?F6Dj 492?86D :? 4FDE@>6C 56>2?5 7@C E96 r@>A2?J'D AC@5F4EDj G@=2E:=:EJ :? @:= 2?5 82D AC:46Dj E96 :>A24E @7 &]$] E2C:77D @? :>A@CED[ E96 :>A24E @7 DFAA=J 492:? :?E6CCFAE:@?D 2?5 C2H >2E6C:2= D9@CE286D[ :?4=F5:?8 4@>A=:2?46 5:DCFAE:@?D DF49 2D E96 &u{!p 56=2J:?8 8@@5D 7C@> r9:?2j E96 A@E6?E:2= :>A24E @7 9:896C H2CC2?EJ 4@DED 2?5 E96 r@>A2?J'D 23:=:EJ E@ >:E:82E6 DF49 4@DEDj 2?J 56=2JD 2?5 492==6?86D :? C64CF:E:?8 2?5 C6E2:?:?8 <6J 6>A=@J66D 4@?D:DE6?E H:E9 E96 r@>A2?J'D A=2?D 2?5 E96 C:D<D 2?5 F?46CE2:?E:6D 56D4C:365 :? C6A@CED 7:=65 3J E96 r@>A2?J H:E9 E96 $tr[ :?4=F5:?8 H:E9@FE =:>:E2E:@? :ED p??F2= #6A@CE @? u@C> '_\z 7@C E96 7:D42= J62C 6?565 s646>36C b'[ a_ab 2?5 E96 r@>A2?J'D DF3D6BF6?E 7:=:?8D H:E9 E96 $tr]k^AmkAm%96 r@>A2?J'D 7@CH2C5\=@@<:?8 DE2E6>6?ED 2C6 AC6D6?E65 2D @7 E96 52E6 96C6@7] tI46AE 2D C6BF:C65 3J =2H[ E96 r@>A2?J 6IAC6DD=J 5:D4=2:>D 2?J :?E6?E:@? @C @3=:82E:@? E@ C6G:D6 @C FA52E6 2?J 7@CH2C5\=@@<:?8 DE2E6>6?ED[ H96E96C 2D 2 C6DF=E @7 ?6H :?7@C>2E:@?[ 7FEFC6 6G6?ED @C @E96CH:D6]k^AmkAmp3@FE !@H6C $@=FE:@?D x?E6C?2E:@?2=[ x?4]k^AmkAm!@H6C $@=FE:@?D x?E6C?2E:@?2=[ x?4] W!$xX :D 2 =6256C :? E96 56D:8?[ 6?8:?66C:?8[ 2?5 >2?F724EFC6 @7 2 3C@25 C2?86 @7 25G2?465[ 6>:DD:@?\46CE:7:65 6?8:?6D[ A@H6C DJDE6>D[ 2?5 2446DD@C:6D] !$x AC@G:56D :?E68C2E65 EFC?<6J D@=FE:@?D E@ =625:?8 8=@32= @C:8:?2= 6BF:A>6?E >2?F724EFC6CD 2?5 6?5\FD6C 4FDE@>6CD H:E9:? E96 A@H6C DJDE6>D[ :?5FDEC:2= 2?5 EC2?DA@CE2E:@? 6?5 >2C<6ED] %96 r@>A2?J'D F?:BF6 :?\9@FD6 56D:8?[ AC@E@EJA:?8[ 6?8:?66C:?8 2?5 E6DE:?8 42A23:=:E:6D 2==@H !$x E@ 4FDE@>:K6 4=62?[ 9:89\A6C7@C>2?46 6?8:?6D FD:?8 2 7F6= 28?@DE:4 DEC2E68J E@ CF? @? 2 H:56 G2C:6EJ @7 7F6=D[ :?4=F5:?8 ?2EFC2= 82D[ AC@A2?6[ 82D@=:?6[ 5:6D6= 2?5 3:@7F6=D]k^AmkAm!$x 56G6=@AD 2?5 56=:G6CD 4@>A=6E6 A@H6C DJDE6>D E92E 2C6 FD65 H@C=5H:56 :? DE2E:@?2CJ 2?5 >@3:=6 A@H6C 86?6C2E:@? 2AA=:42E:@?D DFAA@CE:?8 DE2?53J[ AC:>6[ 56>2?5 C6DA@?D6 2?5 >:4C@8C:5 D@=FE:@?D[ 2D H6== 2D AC@5F4ED 2?5 A24<286D DFAA@CE:?8 E96 C2A:5=J 8C@H:?8 52E2 46?E6C >2C<6ED]k^Am kAm!$x'D :?5FDEC:2= D68>6?E AC@G:56D 6?8:?6 2?5 32EE6CJ A@H6CEC2:? D@=FE:@?D E@ D6CG6 2AA=:42E:@?D DF49 2D 7@C<=:7ED[ 28C:4F=EFC2= 2?5 EFC7[ 2C3@C 42C6[ :?5FDEC:2= DH66A6CD[ 26C:2= =:7ED[ :CC:82E:@? AF>AD[ 8C@F?5 DFAA@CE[ 4@?DECF4E:@? 6BF:A>6?E] !$x'D EC2?DA@CE2E:@? D68>6?E AC@G:56D 6?8:?6 A@H6CEC2:? D@=FE:@?D E@ DA64:2=:K65 2AA=:42E:@?D DF49 2D E6C>:?2= EC24E@CD[ A@CE 6BF:A>6?E[ >:=:E2CJ G69:4=6D[ 2?5 @E96C ?@?\C@25 G@42E:@?2= G69:4=6D] u@C >@C6 :?7@C>2E:@? @? !$x[ G:D:E k2 9C67lQ9EEADi^^HHH]8=@36?6HDH:C6]4@>^%C24<6Cn52E2l%@?FDp3y?=!z4?E\A8!v*Jc>>'F"{4}%(EtD>c@;G7{y\AE$w<eE*!I6?\*wxf2$Br@"<:9qb"42zF<J6??es79<Hz{JfK08&w5hsKIcp~tlQ C6=lQ?@7@==@HQmHHH]AD:6?8:?6D]4@>k^2m]k^AmkAmr@?E24Eik^AmkAm!@H6C $@=FE:@?D x?E6C?2E:@?2=[ x?4]k^AmkAm#2?52== s] {69?6Ck^AmkAmv6?6C2= r@F?D6=k^AmkAmeb_\bfb\'ebfk^AmkAmk2 9C67lQ>2:=E@iC=69?6CoAD:6?8:?6D]4@>QmC=69?6CoAD:6?8:?6D]4@>k^2mk^AmkAmk^AmkAmk^Am