<div id="readability-page-1"><article><div>, /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) (&#34;Ideal Power,&#34; the &#34;Company,&#34; &#34;we,&#34; &#34;us&#34; or &#34;our&#34;), developer and innovative provider of the highly efficient and broadly patented B-TRAN® bidirectional semiconductor power switch, today announced a 50% increase in the published power rating of its discrete B-TRAN® product from 50 amps to 75 amps. The updated product datasheet was posted to Ideal Power's website HERE.&#34;Raising the current rating to 75 amps enables customers to provide higher system power for their products with the same device count or hold system power constant while reducing the required number of devices. This results in improved power density and potentially a smaller footprint for OEM products incorporating B-TRAN®,&#34; said Dan Brdar, President and Chief Executive Officer of Ideal Power. &#34;The Company will benefit from a pricing premium associated with a higher rated product while current and prospective customers will share in this benefit due to the reduced part count to meet a given power rating and resultant net cost savings for their OEM products.&#34;The increase in the published power rating of the discrete B-TRAN® product is supported by extensive testing conducted by both the Company and external testing firms. While Ideal Power officially published an increased power rating of 75 amps for the discrete B-TRAN® product, the product still maintains a significant design margin as it has been tested on a long-term, continuous basis at up to 150 amps. The increased power rating is solely the result of the extensive testing conducted to date as no changes were made to the product or packaging to facilitate the higher rating.Ideal Power's SymCool® power module uses the same B-TRAN® dies as the discrete product and an increase to the SymCool® power rating is scheduled to be announced later this year, with the updated datasheet to be posted to the Company's website at that time. Both the discrete B-TRAN® product and the SymCool® power module target solid-state circuit breaker and EV contactor applications.About Ideal Power Inc.Ideal Power (NASDAQ: IPWR) is the developer and innovative provider of its broadly patented bidirectional semiconductor power switch, creating highly efficient and ecofriendly energy control solutions for electric vehicle, electric vehicle charging, renewable energy, energy storage, UPS/data center, solid-state circuit breaker and other industrial and military applications. The Company is focused on its patented Bidirectional, Bipolar Junction Transistor (B-TRAN®) semiconductor technology. B-TRAN® is a unique double-sided bidirectional AC switch that delivers substantial performance improvements over today's conventional power semiconductors. Ideal Power's B-TRAN® can reduce conduction and switching losses, complexity of thermal management and operating cost in AC power switching and control circuitry. For more information, visit the Company's website at www.IdealPower.com, on LinkedIn, on Twitter, and on Facebook.Safe Harbor StatementAll statements in this release that are not based on historical fact are &#34;forward-looking statements&#34; within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the planned increase in the power rating of our SymCool® power module. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.Ideal Power Investor Relations ContactJeff Christensen Darrow Associates Investor Relations jchristensen@darrowir.com 703-297-6917<img src="https://imageproxy.pbkrs.com/https://mma.prnewswire.com/media/2472223/Ideal_Power_Logo.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="400" height="225" original-src="https://imageproxy.pbkrs.com/https://mma.prnewswire.com/media/2472223/Ideal_Power_Logo.jpg"/>SOURCE IDEAL POWER INC.</div></article></div>

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Ideal Power Inc. announced a 50% increase in the power rating of its B-TRAN® product, from 50 amps to 75 amps, enhancing power density and reducing device count for OEM products. The increase is supported by extensive testing, with no changes to the product design. Ideal Power plans to announce an increase in the SymCool® power module rating later this year. The company focuses on its patented B-TRAN® semiconductor technology for various applications.

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