Cool Technologies, Inc. announced that it has entered into a joint venture agreement ('JV') with Belirti Teknoloji, A.S. ('BelirtiTech'). To launch the business, BelirtiTech has awarded Cool Technologies a purchase order for up to $42 million for the purchase of several different models of its Mobile Generation kits. The purchase order will supply the JV with its initial inventory for resale into the Middle East and some African nations. The Company is actively working with the customer’s bank in addition to insurance companies and other financial entities to facilitate the financing of the orders. This initial purchase order is for six hundred MG80, MG125 and MG200 Mobile Generation systems. The MG systems will be integrated into the end customer’s choice of vehicles. The systems output commercial grade power, both single and three phase, standby and prime, across a variety of voltages. With an MG system, users no longer a need to tow a generator. They can plug right into the truck and output up to 200 kilovolt amps of electric power. The in-chassis generator enables users to tow additional equipment and reach sites that might be inaccessible while towing a trailered generator. Management expects that the financing negotiations with banks, customers and other entities will enable the Company to begin production of the systems within the 3rd quarter of 2019, and to generate revenues from the sales by the end of the year. The Company currently has inventory in place to start the initial first article production build. The purchase order also includes an additional MG80 installed in a Ford F-450 with the 2,500 gallon per day Mobile Water Desalinization option included.