Eguana Technologies Inc.
TSX VENTURE : EGT
OTCQB : EGTYF

Eguana Technologies Inc.

June 07, 2016 09:17 ET

Eguana's Partner Ampere Energy Nominated for Prestigious ees Award

CALGARY, ALBERTA--(Marketwired - June 7, 2016) - Eguana Technologies Inc. (TSX VENTURE:EGT)(OTCQB:EGTYF) is pleased to announce that its customer Ampere Energy Power S.L. (Ampere) is nominated for the prestigious ees Award for its innovative "Sphere" storage system.

At ees Europe, Ampere will present it`s highly innovative energy storage system "Sphere" for the first time to the public. The ees Europe tradeshow and conference runs in conjunction with Intersolar Europe, held in Munich (Germany) from 22 to 24 June, 2016. The "Sphere" product, which can be seen at Ampere's booth (# B1.450) is powered by Eguana's patented Bi-Direx power control solution (PCS).

"We have targeted Europe partnerships this year and are pleased to have Bi-Direx power the Ampere "Sphere" system. Ampere has chosen our technology for its advanced grid features and integration flexibility, which enabled their aesthetically driven design." said Martin Duerr, Director of Business Development at Eguana Technologies. "The nomination for the ees Award is well deserved and we believe Ampere is poised to become one of the leading energy storage system providers in Europe."

Apart from using industrial-grade high quality components as Eguana`s patented Bi-Direx PCS, the system shows a completely different approach compared to common energy storage systems. Not only because of it´s spherical shape and advanced modern design but also due to ease of installation and possibility of using wireless energy meters, the system is ideally suited to be installed in nearly any private household. "For the first time, applications of domestic energy storage systems will also be possible for private households that do not own a house or flat. With this system architecture, we even allow participation in the energy transition also for people without a Solar PV system on their roof", explains Ander Muelas, CEO of Ampere Energy.

Ten finalists for the ees Award have been announced, and the winner will be revealed at ees Europe on Wednesday, 22 June. For more information, please visit: https://www.intersolar.de/en/news-press/news/award-finalists-2016.html

About Ampere Power Energy S.L.:

Ampere Energy is a system integration and solution provider headquartered in Valencia (Spain) which develops, manufactures and markets Energy Storage systems and solutions from kWh scale up to MWh scale. Ampere Energy provides their costumers the key tool for developing and executing new business models in the transforming energy sector: Battery-based Energy Storage solutions from small (kWh) to large scale (MWh). Ampere Energy is a full solution and service provider, offering turnkey solutions, which are easily deployable and installable. Therefore, customers are able to focus on their core business and benefit from the most innovative battery technology. Through the advanced EMS system, customers can benefit and/or offer business models in renewable energy integration, primary reserve control, grid enhancement reduction or self consumption increase or various of these benefits together. Please visit http://ampere-energy.com/ampere-energy-%28en%29.html for more information.

About Eguana Technologies Inc.:

Eguana Technologies Inc. (TSX VENTURE:EGT)(OTCQB:EGTYF) designs and manufactures high performance power controls for residential and commercial energy storage systems. Eguana has more than 15 years' experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications and delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in Europe and North America.

With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is the leading supplier of power controls for solar self-consumption, grid services and demand charge applications at the grid edge.

To learn more, visit www.EguanaTech.com or follow us on Twitter, https://twitter.com/EguanaTech.

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Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties. Many factors could cause the Company's actual results, performance or achievements, or future events or developments, to differ materially from those expressed or implied by the forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information, which speaks only as of the date hereof. Readers are also directed to the Risk Factors section of the Company's current Annual Information Form which may be found on its website or at sedar.com The Company does not undertake any obligation to release publicly any revisions to forward-looking information contained herein to reflect events or circumstances that occur after the date hereof or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

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