EXHIBIT 99.1 Twin Vee PowerCats Co. Reports Results for First Quarter 2024 Operations FORT PIERCE, FLORIDA, May 15, 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 three months ended March 31, 2024. Highlights for three months ended March 31, 2024: (All comparisons are to the three months ended March 31, 2023 unless otherwise noted) ...