DPW Holdings’ Super Crypto Mining Enters $2.5 Million Line of Credit

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DPW Holdings’ Super Crypto Mining Enters $2.5 Million Line of Credit

Subsidiary Creates Flexibility to Fund Growth Using Super Crypto’s Bitcoin

Newport Beach, CA, October 4, 2018 (GLOBE NEWSWIRE) — DPW Holdings, Inc. (NYSE American: DPW) (“DPW”), a diversified holding company, today announced that its subsidiary Super Crypto Mining entered into a Revolving Loan Agreement for up to $2.5 million and in connection with a Security Agreement granting interest in certain collateral, including bitcoin.

“It is important for each subsidiary to develop its own capital structure to create flexibility and provide opportunity for expansion,” stated DPW’s CEO and Chairman Milton “Todd” Ault, III. “As Super Crypto continues its plan to increase miners, this line of credit enables Super Crypto to deploy its assets – bitcoin – to fund growth.”

Terms and more information can be found in the Form 8-K filed yesterday on October 3, 2018 with the SEC.

About DPW Holdings, Inc.

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.

Forward-Looking Statements

The foregoing release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward- looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.com and on the Company’s website at www.DPWHoldings.com.

Contacts:

Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com

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