ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

On February 19, 2013, SaviCorp Serge Monros, Founder, Chief Executive Officer/Chief Technology Officer and Victor Chu, President, SaviCorp, announced that Ed Martinez has been named Director of Information Technology, reporting directly to Mr. Chu.

"Ed brings his depth and experience within information technology innovations, and we look forward to the many contributions that he will make toward building world-class systems and infrastructures supporting our operations and internet strategy," said Chu.

"I am very pleased to join SaviCorp, and look forward to being a part of this dynamic management team," commented Mr. Martinez. "My focus will be to ensure that our technical capabilities are maximized to provide the top-level efficiencies and interfaces from within current market trends in technology."

After 20 years as an Army soldier, aviation crew chief and pilot, Ed Martinez previously worked as IT Director for Gateway Educational Products (makers of Hooked on Phonics), Chief Information Officer for Micro Optics Design Corporation, and as an IT executive for Donner Corp, an investment banking firm. As President of his consulting firm, his most noted clients include Miramax Films, KJam Media, Legit & Platt and MicroMedia Filtration.

Mr. Martinez's contract, just executed, is now ready for inclusion in this report and follows as an attachment hereto (Exhibit 99.1).