EXHIBIT 99.1 Twin Vee PowerCats Co. Reports 4% Increase in Revenue for the Year Ended December 31, 2023 FORT PIERCE, FLORIDA, March 26, 2024 – Twin Vee PowerCats Co. (Nasdaq: VEEE) (“Twin Vee” or the “Company”), a designer, manufacturer and distributor of recreational and commercial power boats, today reported operational highlights and financial results for fiscal year ended December 31, 2023. Highlights for fiscal year 2023: · Revenue for the year ended December 31, 2023 increased 4% to $33,426,000 as com ...