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ARCHIMEDES TECH SPAC PARTNERS CO ANNOUNCES THE PRICING OF UPSIZED $120 MILLION INITIAL PUBLIC OFFERING

New York, New York, March 10, 2021 (GLOBE NEWSWIRE) Archimedes Tech SPAC Partners Co. (“Archimedes Tech” or the “Company”) (NASDAQ: ATSPU) announced today that it priced its upsized initial public offering of 12,000,000 units, at $10.00 per unit. The units will be listed on the NASDAQ Capital Market (“NASDAQ”) and will begin trading tomorrow, March 11, 2021, under the ticker symbol “ATSPU.” Each unit consists of one subunit and one-quarter of a redeemable warrant. Each subunit consists of one share of the Company’s common stock and one-quarter of a redeemable warrant. Each full warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the subunits and warrants are expected to be listed on NASDAQ under the symbols “ATSPT” and “ATSPW,” respectively. Assuming the Company consummates an

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