SOURCE: ZBB Energy Corporation
MILWAUKEE, WI--(Marketwired - Dec 20, 2013) - ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, today announced that Theodore "Ted" Stern has been elected to the ZBB Energy Board of Directors. Mr. Stern is currently a significant shareholder of ZBB Energy. Mr. Stern's background was presented in an earlier press release announcing his nomination to stand for election.
Also today, Richard Payne has resigned from the ZBB Energy Board of Directors. Mr. Payne will continue as a member of the board of directors of ZBB Energy's wholly owned Australian subsidiary, ZBB Energy Pty, LTD.
Paul Koeppe, Chairman of the Board of Directors of ZBB Energy, said, "I'd like to thank Richard for his many years of hard work and keen insight provided to ZBB's Board of Directors. While he'll be missed at our parent board of director meetings, I'm very pleased that he has decided to serve on our subsidiary's Board of Directors in Australia."
About ZBB Energy Corporation
ZBB Energy Corporation (NYSE MKT: ZBB) designs, develops, and manufactures advanced energy storage, power electronic systems, and engineered custom and semi-custom products targeted at the growing global need for distributed renewable energy, energy efficiency, power quality, and grid modernization. ZBB and its power electronics subsidiary, Tier Electronics, LLC, have developed a portfolio of integrated power management platforms that combine advanced power and energy controls plus energy storage to optimize renewable energy sources and conventional power inputs whether connected to the grid or not. Tier Electronics participates in the energy efficiency markets through their hybrid vehicle control systems, and power quality markets with their line of regulation solutions. Together, these platforms solve a wide range of electrical system challenges in global markets for utility, governmental, commercial, industrial and residential end customers. Founded in 1986, ZBB's platforms ensure optimal efficiencies today, while offering the flexibility to adapt and scale to future requirements. ZBB's corporate offices, engineering and development, and production facilities are located in Menomonee Falls, WI, USA with a research facility also located in Perth, Western Australia. ZBB has a joint venture with Meineng Energy, a provider of leading-edge energy storage systems and solutions to the greater China market. For more information, visit: www.zbbenergy.com.
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