SOURCE: Aja Cannafacturing, Inc.

Aja Cannafacturing, Inc.

Aja Cannafacturing, Inc.

September 08, 2014 09:00 ET

Aja Cannafacturing Subsidiary, Charge! Energy Storage, to Attend Energy Storage North America (ESNA) Conference and Expo

Charge! ES to Meet With Strategic Partners and Investors as 2015 Distribution Budget Is Consummated

LAKE ELSINORE, CA--(Marketwired - Sep 8, 2014) - Charge Energy Storage, Inc., a wholly-owned subsidiary of Aja Cannafacturing, Inc., (OTCQB: AJAC), announced today that for a consecutive second year Charge! Energy Storage CEO, Scott Plantinga, will be attending the Energy Storage North America (ESNA) conference and exposition in San Jose, California, September 30 - October 2, 2014. This year accompanying Mr. Plantinga will be Sam Lee, Chairman of FGY Energy Storage Research Institute Co., Ltd. a Jiang Su, China-based company, to continue discussion and development of their strategic partnership.

Energy Storage North America is the largest grid energy storage event in North America and features critical insights in to market developments and technology integration, will have over 1,000 leading customers in attendance along with technology providers and partners that can participate in over 40 conference sessions, hands-on workshops and site tours in Silicon Valley.

Mr. Plantinga stated, "Being the 2nd annual event demonstrates how new this burgeoning market truly is at this point. You can see that virtually all companies have progressed the same as Charge!, with the Company having accomplished a Beta-site testing and initial product introduction this past year. It will be such a huge space and marketplace in the near future that numerous companies will thrive. This is why companies like Tesla have designed a Mega Battery factory much larger than their internal EV requirements and why Charge! is building a strategic partnership with a company that has a history stemming from battery production and a remarkable number of patents surrounding that technology."

The ESNA 2014 program focuses on the convergence of Transportation and Utility-Scale applications as well as the Distributed (Behind the Meter) market that is the focus of Charge! Energy Storage.

Mr. Plantinga explained, "Energy Storage North America is critical to Charge! as both a business development opportunity and a vital component in our commitment to partnering with innovative and forward-thinking investors, companies and industry discussion leaders."

"As we previously announced in a press release on May 14, 2014, Aja Cannafacturing, Inc. continues to explore options for Charge!. Alternative paths for Charge! include having the manufacturer be sold to a new group of investors, be dividend out to current shareholders of AJAC, or be spun out as a separate business with its own source of financing. Any one of these can be a successful path of development for the company and our attendance at ESNA will go a long way in guiding management in evaluating and prioritizing our options so the Company can choose the best future course for Charge!. We expect to make another announcement after the conclusion of ESNA so the Company can layout the Charge! Energy Storage, Inc. roadmap."

About Aja Cannafacturing, Inc.
Aja Cannafacturing, Inc., is a diversified holding company with internal operations that is focused on creating superior long-term returns for shareholders through a unique structure of diversified public and non-public holdings.

Aja Cannafacturing operations are focused on being the pioneering force in the cannabis industry by the select breeding and cultivation of application-specific, proprietary cannabis seed. Through these methods, Aja Cannafacturing seeks to maximize the potential of every harvest. Becoming a leading supplier of raw cannabis material for industry specific applications such as building materials (Hempcrete), automotive (biofuels), plastics (healthcare) and textiles (fabrics), among others, positions Aja Cannafacturing at the forefront of a new domestic industrial revolution.

Charge! Energy Storage is a designer and developer of GIIRS-rated energy storage devices for residential, commercial, and light industrial markets and products that deliver clean stationary and portable electrical energy. The Company's residential & commercial products are large scale products that have characteristics applicable to their usage. Charge! has made a broad reaching commitment to create reliable and affordable hi-tech energy storage systems for all commercial and residential applications.

Propel Management Group (PMG) provides a full range of program management, acquisition, and lifecycle support services to its customers. PMG is at the forefront of integrating acquisition, logistics, engineering, and technology disciplines into a comprehensive lifecycle management approach. PMG continually strives to improve the process of developing, procuring, and sustaining its customers' systems to achieve their overarching goals of transformation, consolidation, and efficiency. Its Direct-to-Consumer business delivers comprehensive call center and online marketing solutions to brands seeking maximum reach and return on investment (ROI).

Forward-looking & Safe Harbor Statement
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are further qualified by other factors. The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

Contact Information