<SEC-DOCUMENT>0001387131-16-006020.txt : 20160712
<SEC-HEADER>0001387131-16-006020.hdr.sgml : 20160712
<ACCEPTANCE-DATETIME>20160712143637
ACCESSION NUMBER:		0001387131-16-006020
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20160712
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160712
DATE AS OF CHANGE:		20160712

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIONEER POWER SOLUTIONS, INC.
		CENTRAL INDEX KEY:			0001449792
		STANDARD INDUSTRIAL CLASSIFICATION:	POWER, DISTRIBUTION & SPECIALTY TRANSFORMERS [3612]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35212
		FILM NUMBER:		161763793

	BUSINESS ADDRESS:	
		STREET 1:		400 KELBY STREET, 9TH FLOOR
		STREET 2:		ONE PARKER PLAZA
		CITY:			FORT LEE
		STATE:			NJ
		ZIP:			07024
		BUSINESS PHONE:		212-867-0700

	MAIL ADDRESS:	
		STREET 1:		400 KELBY STREET, 9TH FLOOR
		STREET 2:		ONE PARKER PLAZA
		CITY:			FORT LEE
		STATE:			NJ
		ZIP:			07024

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIERRA CONCEPTS, INC.
		DATE OF NAME CHANGE:	20081112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIERRA CONCEPTS
		DATE OF NAME CHANGE:	20081112
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ppsi-8k_071216.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 25%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 25%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><B>CURRENT
REPORT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><B>Pursuant
to Section 13 or 15(d) of the </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><B>Securities
Exchange Act of 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">Date of
Report (Date of earliest event reported): July 12, 2016</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 25%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 9pt 0 0; text-align: center"><B>PIONEER POWER SOLUTIONS, INC.</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 25%; margin-top: 3pt; margin-bottom: 3pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; width: 50%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 48%; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 9pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: bold 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 9pt"><B>27-1347616</B></FONT></TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 9pt">(State of incorporation)</FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif; text-align: center"><FONT STYLE="font-size: 9pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>400 Kelby Street, 12th Floor</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Fort Lee, New Jersey 07024</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(212) 867-0700</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center">(Registrant&rsquo;s telephone number, including
area code)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 25%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt">Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in">&#9744; Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in">&#9744; Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&#9744; Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&#9744; Pre-commencement communications
pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -1in">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt; font: normal 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo; Options: Hidden -->&nbsp;<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 11pt"><B>Item 8.01</B></FONT></TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 11pt"><B>Other Events.</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 24.5pt">On July 12, 2016, Pioneer Power Solutions,
Inc. (the &ldquo;<B><I>Company</I></B>&rdquo;) issued a press release announcing that it signed a three-year service agreement
with one of the largest national department store chains in the U.S. at approximately 1,000 retail locations throughout the country.
The Company, through its Titan Energy Systems Inc. subsidiary, will service and maintain the backup energy systems at the retail
locations. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein
by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;<FONT STYLE="font-size: 11pt">
</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 1in; font: bold 10pt Times New Roman, Times, Serif"><FONT STYLE="font-size: 11pt"><B>Item 9.01</B></FONT></TD>
    <TD STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-size: 11pt"><B>Financial Statements and Exhibits.</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(d)&#9;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: -10pt 0 8pt; text-indent: 30pt">Exhibits</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: bottom; width: 15%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 83%; padding-right: 5.4pt; padding-left: 5.4pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 11pt"><B>Exhibit Number</B></FONT></TD>
    <TD STYLE="vertical-align: top; font: bold 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 11pt"><B>Description</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 11pt">99.1</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 11pt"><A HREF="ex99-1.htm">Press release dated July 12, 2016</A></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt; font: normal 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo; Options: Hidden -->&nbsp;<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; font: bold 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>PIONEER POWER SOLUTIONS, inc.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 45%; padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="width: 47%; padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">Date: July 12, 2016</TD>
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; padding-right: 5.75pt; text-align: justify">/s/ Thomas Klink</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">Thomas Klink</TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif">Title:</TD>
    <TD STYLE="padding-right: 5.75pt; font: 10pt Times New Roman, Times, Serif; text-align: justify">Chief Financial Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><A HREF="ppsi-8k_071216.htm">Pioneer Power Solutions, Inc. - 8K</A></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="color: #2E74B5; font: 16pt Calibri Light; margin: 12pt 0 0"><IMG SRC="ex99-1img_001.jpg" ALT="" STYLE="height: 82px; width: 268px"></P>

<P STYLE="color: #0070C0; font: 14pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="color: #0070C0; font: 14pt Times New Roman, Times, Serif; margin: 0 0 3.75pt; text-align: center">Pioneer Power Solutions
Announces $7 Million Service Agreement for Emergency Power Backup Systems</P>

<P STYLE="color: #0070C0; font: 14pt Times New Roman, Times, Serif; margin: 0 0 3.75pt; text-align: center">&nbsp;</P>

<P STYLE="color: #0070C0; font: 13pt Times New Roman, Times, Serif; margin: 0 0 3.75pt; text-align: center"><I>Service Agreement
with Large National Department Store Chain Bolsters Management&rsquo;s Full-Year Revenue and EBITDA Outlook</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Fort Lee, NJ, July 12, 2016 / PRNewswire
/ &ndash;</B> Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (&ldquo;Pioneer&rdquo; or the &ldquo;Company&rdquo;), a company engaged
in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment, today announced
the Company has signed a three-year service agreement with one of the largest national department store chains in the U.S. at nearly
1,000 retail locations throughout the country. Annual billings for this order are expected to be approximately $2.3 million per
year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pioneer, through its Titan Energy Systems Inc.
subsidiary, will service and maintain the backup energy systems at the retail locations. The department store chain utilizes backup
power generators to ensure business continuity and customer safety in the event of a loss of power from the grid.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Nathan Mazurek, Pioneer&rsquo;s Chairman and
Chief Executive Officer, said, &ldquo;Maintenance of emergency backup systems is mission critical for retailers. Pioneer will be
an integral part of this customer&rsquo;s enterprise infrastructure, ensuring power redundancy to enable the smooth continuation
of operations, the safety of the retailer&rsquo;s customers and the preservation of perishable inventory items in the event of
a temporary power loss. Even a momentary power outage at one location could have a profound impact on a company&rsquo;s financial
performance, customer loyalty or brand reputation. We are pleased to have been selected to maintain power backup systems to fill
this critical need.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: justify"><B>About Pioneer Power Solutions, Inc.
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Pioneer Power Solutions, Inc. manufactures,
sells and services a broad range of specialty electrical transmission, distribution and on-site power generation equipment for
applications in the utility, industrial, commercial and backup power markets. The Company&rsquo;s principal products and services
include custom-engineered electrical transformers, low and medium voltage switchgear and engine-generator sets and controls, complemented
by a national field-service organization to maintain and repair power generation assets. Pioneer is headquartered in Fort Lee,
New Jersey and operates from 13 additional locations in the U.S., Canada and Mexico for manufacturing, centralized distribution,
engineering, sales, service and administration. To learn more about Pioneer, please visit its website at <U>www.pioneerpowersolutions.com</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin: 0 0 8pt"><B>&nbsp;</B></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> -</TD><TD STYLE="width: 33%; text-align: right"> </TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt"><B>Safe Harbor Statement: </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">This press release contains &ldquo;forward-looking
statements&rdquo; within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such statements may be
preceded by the words &ldquo;intends,&rdquo; &ldquo;may,&rdquo; &ldquo;will,&rdquo; &ldquo;plans,&rdquo; &ldquo;expects,&rdquo;
&ldquo;anticipates,&rdquo; &ldquo;projects,&rdquo; &ldquo;predicts,&rdquo; &ldquo;estimates,&rdquo; &ldquo;aims,&rdquo; &ldquo;believes,&rdquo;
&ldquo;hopes,&rdquo; &ldquo;potential&rdquo; or similar words. Forward-looking statements are not guarantees of future performance,
are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond
the Company&rsquo;s control, and cannot be predicted or quantified and consequently, actual results may differ materially from
those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks
and uncertainties associated with (i) the Company has been delinquent in payment of its federal payroll tax obligations and may
not be successful in its requests for the abatement of penalties and payment of past due amounts over an extended period, (ii)
the Company&rsquo;s ability to expand its business through strategic acquisitions, (iii) the Company&rsquo;s ability to integrate
acquisitions and related businesses, (iv) the fact that many of the Company&rsquo;s competitors are better established and have
significantly greater resources, and may subsidize their competitive offerings with other products and services, which may make
it difficult for the Company to attract and retain customers, (v) the Company&rsquo;s dependence on Hydro-Quebec Utility Company
and Siemens Industry, Inc. for a large portion of its business, and the fact that any change in the level of orders from Hydro-Quebec
Utility Company or Siemens Industry, Inc. could have a significant impact on the Company&rsquo;s results of operations, (vi) the
potential loss or departure of key personnel, including Nathan J. Mazurek, the Company&rsquo;s Chairman, President and Chief Executive
Officer, (vii) the fact that fluctuations between the U.S. dollar and the Canadian dollar will impact the Company&rsquo;s results,
(viii) the Company&rsquo;s ability to generate internal growth, (ix) market acceptance of existing and new products, (x) the Company&rsquo;s
dependence on a distributor agreement with Generac Power Systems through which its Critical Power segment derives a significant
portion of its revenues, (xi) operating margin risk due to competitive pricing and operating efficiencies, supply chain risk, material,
labor or overhead cost increases, interest rate risk and commodity risk, (xii) restrictive loan covenants or the Company&rsquo;s
ability to repay or refinance debt under its credit facilities that could limit the Company&rsquo;s future financing options and
liquidity position and may limit the Company&rsquo;s ability to grow its business, (xiii) general economic and market conditions
in the electrical equipment, power generation, commercial construction, industrial production, oil and gas, marine and infrastructure
industries, (xiv) the impact of geopolitical activity on the economy, changes in government regulations such as income taxes, climate
control initiatives, the timing or strength of an economic recovery in the Company&rsquo;s markets and the Company&rsquo;s ability
to access capital markets, (xv) the fact that unanticipated increases in raw material prices or disruptions in supply could increase
production costs and adversely affect the Company&rsquo;s profitability, (xvi) the fact that the Company&rsquo;s Chairman controls
a majority of the Company&rsquo;s combined voting power, and may have, or may develop in the future, interests that may diverge
from yours, (xvii) material weaknesses in the Company&rsquo;s internal control over financial reporting that could have an adverse
effect on the Company&rsquo;s business and common stock price, and (xviii) the fact that future sales of large blocks of the Company&rsquo;s
common stock may adversely impact the Company&rsquo;s stock price. More detailed information about the Company and the risk factors
that may affect the realization of forward-looking statements is set forth in the Company&rsquo;s filings with the Securities and
Exchange Commission, including the Company&rsquo;s Annual and Quarterly Reports on Form 10-K and Form 10-Q. Investors and security
holders are urged to read these documents free of charge on the SEC&rsquo;s web site at www.sec.gov. The Company assumes no obligation
to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Contact:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Brett Maas, Managing Partner</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Hayden IR</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(646) 536-7331</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">brett@haydenir.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">- <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> -</TD><TD STYLE="width: 33%; text-align: right"> </TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>ex99-1img_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex99-1img_001.jpg
M_]C_X  02D9)1@ ! 0$ W #<  #_VP!#  ," @," @,# P,$ P,$!0@%!00$
M!0H'!P8(# H,# L*"PL-#A(0#0X1#@L+$!80$1,4%145# \7&!84&!(4%13_
MVP!# 0,$! 4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04
M%!04%!04%!04%!04%!04%!04%!04%!3_P  1" "\ F8# 2(  A$! Q$!_\0
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M* "BBB@ HHHH Q/&'_(KZO\ ]>TG_H)K\3I/]8_U_K7[8^,/^17U?_KVD_\
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MI\F>;_M$_$6]^$OP2\7^,--ACN+_ $BQ-S#%+]UF#*,'VYK\L/\ A\E\4/\
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M[  "NV_8E\32>$_VJOAI>1.4WZS!;,0>-LC",Y]L&N:_:6_Y.$^)'_8?O?\
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MF6K,^I_277S%_P %)/\ DSOQY_UPC_\ 1BU].5\Q_P#!23_DSOQY_P!<(_\
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MG:I;1W,3 ]F )!]P<@_2NGJ#0****!F)XP_Y%?5_^O:3_P!!-?B=)_K'^O\
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M2S.YR23U))J.BO.J5957>3/T; 97A<MAR8>"04445D>J%%%% 'WO_P $V_\
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M2;IL692?RS0%CR_3?V/_ (0Z/J%M?6?@;3(+NVD66*58AE6!!!'T(!KV0+M
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MGP]\/_$S0FT;Q+I<&KZ89!(;>X7*EAG!Q^)KI:2@#Q/_ (8M^"__ $(.E?\
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MNIK7X?:6T,KQ$ZBH+(Q!_P!6_<=O\*P/V.-'>^F\3^)9QNDN)1;ASW)/F/\
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M S[Y%-:)!UN=1^S/XRO?&7PUAEU"4SW5I.UN9&/+* ""??D_E7B?C[4+F/\
M:GBB2XD$7VRW&P,0.B\8]Z](_8V4K\.;\GH;]L?@HS7F'Q"Y_:NBQ_S^V_\
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M8^&=)N=1U&XCM+.W0O)+(V H R235'5-6TCX?>%Y+J\FAT[2["(;G8A410,
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MZ**0!1110 4444 %%%% !1110 4444 5KB%;B"2)^59=I%>1_#OP%X6_9?\
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MW_W_ (?_ (NOUOVCT%&T>@H_L^EW#_7[,/Y$?DA_PR;\6O\ H2[O_O\ P_\
MQ='_  R;\6O^A+N_^_\ #_\ %U^M^T>@HVCT%']GTNX?Z_9A_(C\D/\ ADWX
MM?\ 0EW?_?\ A_\ BZ/^&3?BU_T)=W_W_A_^+K]<?+7TH\M?2C^SZ7</]?LP
M_DC^)^1W_#)OQ:_Z$N[_ ._\/_Q='_#)OQ:_Z$N[_P"_\/\ \77ZX^6OI1Y:
M^E']GTNX?Z_9A_)'\3\CO^&3?BU_T)=W_P!_X?\ XNC_ (9-^+7_ $)=W_W_
M (?_ (NOUQ\M?2CRU]*/[/I=P_U^S#^2/XGY'?\ #)OQ:_Z$N[_[_P /_P 7
M1_PR;\6O^A+N_P#O_#_\77ZX^6OI3=H]!1_9]+N'^OV8?R1_$_)#_ADWXM?]
M"7=_]_X?_BZ/^&3?BU_T)=W_ -_X?_BZ_6_:/04OEKZ#\J/[/I=P_P!?LP_D
MC^)^1_\ PR;\6_\ H2[O_O\ P_\ Q=36W[(OQ<NI0G_"'3QY.-TEQ %'N?G_
M )5^M1C7TI-H]*/[/I]Q/C[,?Y(GY^_##_@GAK6H74%UXTU..QM%(9K.Q.^1
MAZ%R !^ /X5]N^ _A[H?PUT&#2- T^&QM(AC;&N"Q[DGN3ZFNE[4M==.A"BO
M=1\AF>>8W-7_ +3/1=.@^BBBN@\$**** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
EHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@#_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
