Ideal Power Inc. Announces Resignation of Mark L. Baum as Member of the Board of Directors, Chairman of the Audit Committee, Member of the Compensation Committee, and Member of the Nominating and Corporate Governance Committee

On December 18, 2017, Mark L. Baum notified Ideal Power Inc. of his resignation from his positions as a member of the Board of Directors of the Company, chairman of the Audit Committee of the Company, member of the Compensation Committee of the Company, and member of the Nominating and Corporate Governance Committee of the Company, in each case effective December 31, 2017. He is resigning without dispute or disagreement with the Company.