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[January 08, 2013]
ZBB Energy Corporation Announces Order for University Microgrid Quad-Generation Renewable Energy Platform in Sydney, Australia
MILWAUKEE, WI, Jan 08, 2013 (MARKETWIRE via COMTEX) -- ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of intelligent power and energy management technologies, today announced the receipt of an order for a Grid Independent ZBB EnerSystem(TM) with its ZBB EnerStore(TM) Zinc Bromide flow batteries to provide an integrated Microgrid Energy Management System to the University of Technology Sydney (UTS) to serve as a permanent power source, demonstration unit and learning platform in the newly constructed Broadway Building.
The ZBB EnerSystem includes the ZBB EnerSection(TM) Power and Energy Control Units, local/remote Human Machine Interface (HMI), and ZBB EnerStore Zinc Bromide flow batteries. The ZBB EnerSection provides a completely integrated energy management platform ready for interconnection to a range of configurable energy sources including onsite photovoltaic (PV), wind turbine, fuel cell and an Organic Rankine Cycle (ORC) turbine. This system will be used for load management providing continuous power and energy regulation of different sources independent from the utility grid.
"We developed the specification for the ZBB EnerSystem to be installed as a permanent, zero-carbon demonstration platform within the building power scheme. This installation is meant to showcase and use multiple types of renewable energy generation units for the University's Broadway Building to offset the use of the utility grid right in the middle of the city, while emitting no carbon outputs," said Ray Clout, UTS - Research Laboratories Manager. "We'll continue to work with both ZBB Energy and our power generation partners to showcase the ongoing reliability of the system, and also document the economic benefits for the University. Our goal is to provide a replicable model for other sites and customers in Australia, as well as expand this technology all across the Southwest Pacific, where there is no utility service, and there is growing use by consumers of many types of renewables to produce electricity without firing up a diesel generator." "This commercial building microgrid application is another example of how ZBB Energy can optimize grid independent power flows across our standard integration platform leveraging multiple generation sources," said Eric Apfelbach, President and CEO of ZBB Energy. "With its open architecture, the ZBB EnerSection gives customers the flexibility to interconnect and prioritize their available energy resources with a quickly deployed platform that transforms & integrates multiple, uncontrolled power flows into economical, clean and reliable power systems." More information on the building can be found at:
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 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.
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Investor Relations Contact: Lewis W. Kreps Three Part Advisors, LLC www.threepa.com 214-599-7955 David Mossberg Three Part Advisors, LLC 817-310-0051 SOURCE: ZBB Energy Corporation
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