CALGARY, ALBERTA -- (Marketwired) -- 09/10/13 -- Sustainable Energy Technologies Ltd (TSX VENTURE: STG) (operating under the name Eguana Technologies Inc (TSX VENTURE: EGT), a manufacturer of high performance power conversion and control systems for "smart grid" and "micro-grid" energy storage applications, is pleased to confirm that its German partner Prosol Invest has expanded the distribution of the Eguana powered "Sonnenbatterie" suite of energy management systems to Austria and Switzerland.
- Release, announcing exclusive distribution contract with Swiss "Helion Solar" can be found at: Exclusive distribution in Switzerland
- Release, announcing expansion into the Austrian market can be found at: Prosol expands its distribution into Austria
The referenced news releases are not Eguana's releases and are provided only for informational purposes. The statements therein are not Eguana's statements and may contain forward looking statements. The reader is cautioned that actual results could differ materially from current expectations and assumptions contained in such forward-looking statements.
About PROSOL INVEST
Based near Kempten Germany, PROSOL Invest Deutschland GmbH ("Prosol Invest") is the German market leader for intelligent lithium based storage systems and has many years of experience with battery storage technologies and renewable energies.
Prosol Invest's, Sonnenbatterie is a highly intelligent, lithium based solar storage system which includes various added values such as smart home, smart meter and solar PV monitoring and is available in various system sizes to perfectly cover the demand of small family to high end houses and small to medium-sized companies or farms.
The Sonnenbatterie suite of products is ideally suited to retrofit existing PV systems as well as for new installations. On average, the users of Sonnenbatterie systems consume more than 75% of their self generated electricity.
About EGUANA TECHNOLOGIES INC:
Headquartered in Calgary, Alberta, Canada, Eguana Technologies Inc http://www.eguanatech.com designs and manufactures intelligent high performance low-voltage power electronics platforms for distributed smart grid and energy storage applications. Eguana's software configurable platform enables energy storage systems to optimize the lower cost, modularity and safety advantages of low voltage advanced battery technologies at a much lower cost, and with greater design flexibility than is possible with conventional power electronics solutions.
Sustainable Energy Technologies Ltd announced that effective September 4, 2013 the Company would operate under the name, Eguana Technologies Inc. The legal name of the Company has not changed, but the Company will do business as Eguana Technologies Inc, pending approval of the official change of name by shareholders, which will be sought at the Company's Annual General Meeting October 29, 2013. Effective Monday, September 9, 2013, the Company ceased trading under "STG" and began trading under its new ticker symbol "EGT" on the TSX Venture Exchange.
To learn more, visit www.EguanaTech.com or follow us on Twitter, https://twitter.com/EguanaTech
The reader is advised that some of the information herein may constitute forward-looking statements within the meaning assigned by National Instruments 51-102 and other relevant securities legislation. In particular, we include: statements concerning the features of our energy storage inverter and its value for residential and commercial non-utility scale energy storage system; statements concerning the performance of the Sonnenbatterie suite of products and its share of the energy storage market in Germany.
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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Eguana Technologies Inc
+1.403.508.7177 ext 111
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