SOURCE: ZBB Energy Corporation
MILWAUKEE, WI--(Marketwire - Jan 30, 2013) - ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of intelligent, renewable energy power platforms, announced today that they have entered into a strategic relationship with BPC Engineering (Moscow, Russia) www.bpcgroup.ru. This relationship introduces ZBB's line of products into the Russian and Commonwealth of Independent States (CIS) markets. BPC Engineering, already established as a major supplier of distributed generation in the Russian and CIS markets, will market, sell and support ZBB products effective immediately. In conjunction with the signing of the strategic relationship with BPC Power Systems, ZBB received the initial purchase order for a complete ZBB EnerSystem™, consisting of a ZBB EnerStore™ flow battery and ZBB EnerSection™ power and control center.
"BPC Power Systems has demonstrated success in creating a market for distributed generation in Russia and the CIS," said Dan Nordloh, ZBB Energy Executive Vice President - Global Business Development. "They've developed a team of executives and relationships that have made BPC a successful pioneer and innovator in the Russian and CIS markets. Their ability to create opportunities and carry out the entire working cycle of selling, engineering, constructing and supporting distributed power and energy systems is a significant requirement for successfully marketing ZBB's products. We are excited to have BPC as a partner and are anxious to get the first system installed."
"We see great prospects for ZBB Energy solutions in the Russian and CIS markets. Today, this technology is the most advanced in its segment and we believe that Russian customers will appreciate the technology's outstanding features that will help increase reliability and efficiency of distributed power systems. BPC Engineering is willing to provide the most state-of-the-art products to distributed generation market and we are sure that ZBB Energy systems will be a perfect addition to our solutions for projects in Russia and CIS," said Alexander Skorokhodov, BPC Engineering CEO.
"This market entry is another example of where we have found a convergence of a grid infrastructure that needs our product, a trusted partner with the skills to sell and support our equipment, and a large growth opportunity. Our modular systems can be deployed immediately into this market with no significant engineering effort and provide a compelling ROI to the end user," said Eric Apfelbach, ZBB President and CEO.
About BPC Group
BPC Group of Companies was established in 1995 with the ambition to deliver the best international experience and cutting-edge technology solutions that combine novelty and time-honored practice, to the nation's key industries. Today BPC Group incorporates three advanced lines of business -- Banking Technologies, Power Systems and Chemical Technologies.
Developing retail business solutions for financial organizations of different profiles and sizes, implementing efficient and reliable distributed power and heat generating systems based on the best-of-breed low-power and micro-turbines, supplying high-tech specialty chemistry products that help domestic enterprises to manufacture competitive goods of world-class quality -- we strive to make our each and every project the foundation of the customer's profitable business and we always take full responsibility for the end result.
BPC Power Systems is an integrated engineering company engaged in designing, supplying, installing and supporting distributed power and heat generating systems.
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 and production facilities are located in Menomonee Falls, WI, USA with offices also located in Perth, Western Australia. For more information, visit: http://www.zbbenergy.com.
Safe Harbor Statement
Certain statements made in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. Forward-looking statements in this press release may address the following subjects among others: statements regarding the sufficiency of our capital resources, expected operating losses, expected revenues, expected expenses and our expectations concerning our business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.