Exhibit 99.1 PowerBank Announces Fiscal Year End Results 1,508% increase in revenues from IPP production supporting the Company's strategy of generating long-term recurring revenues 253% increase in assets fueled by growth of IPP portfolio Dr. Richard Lu, President and CEO of PowerBank commented: "Throughout the fiscal year, I have highlighted that this was a year of transition for PowerBank. PowerBank's strategic focus is growing its independent power producer asset base, creating long term revenues for ye ...