Perpetual Industries Inc. announces the departure of Marlin Stutzman from his position as director, effective immediately. Mr. Stutzman's involvement with the Company in the capacity of director is not aligned with Perpetual's strategic objectives and future goals. The Company acknowledges Mr. Stutzman's contributions and wishes him success in his future endeavors.

The Company remains committed to its vision and will continue to pursue its strategic initiatives under the guidance of its Board of Directors and Advisory Board.