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ZBB Energy Commissions Residential Project for NIDON Clean Energy
MILWAUKEE, WI, Feb 12, 2013 (MARKETWIRE via COMTEX) --
ZBB Energy Corporation (NYSE MKT: ZBB), a leading developer of
intelligent, renewable energy power platforms and hybrid vehicle
control systems, announced today that it has commissioned a ZBB
EnerSystem(TM) at a mid-rise residential apartment building near
downtown Honolulu for NIDON Clean Energy (NIDON), a division of NIDON
Computer Corporation. NIDON is a renewable energy design and
integration company based in Honolulu, Hawaii. The system consists of
ZBB EnerStore(TM) Zinc Bromide flow battery modules and a ZBB
EnerSection(TM) directly connected to a photovoltaic (PV) array. The
ZBB EnerSystem provides an integrated, scalable, modular, intelligent
storage and power solution.
The ZBB EnerSystem is now used as the hub for the building and
elevator system utilizing power from the grid and renewable energy.
This system manages the energy output from the 20kW PV array, stores
regenerated power from the elevator braking system and allows the
elevator to be operated during emergency situations, or extended
power outages, without a diesel generator. The scalability of the ZBB
EnerSystem also enables future input and optimization from other
renewable energy sources and provides for managed Electric Vehicle
(EV) charging needs.
Mr. Nick Dizon, Owner, Founder and President of NIDON, stated, "This
system provides a template for distributed energy resource
applications, allowing for higher contributions from renewable power
generation through optimization by the control technology. The system
is also compelling economically, as it provides the lowest cost of
ownership. Renewable energy integration will be substantially
increased for these types of commercial applications by reducing CO2
emissions (greenhouse gases) from grid generation sources and
eliminating CO2 from back-up power system sources. The unique
benefits of ZBB's integrated energy storage platform, allows a
seamless supply of renewable and stored energy to power this grid
independent system."
"The market for similar applications is just emerging, and we see the
potential to sell hundreds of systems," said Tony Siebert, ZBB's
Vice-President of Sales and Product Marketing. "With the integration
of renewables and removal of backup generation, we can increase the
utilization of available energy sources in a responsible, economical
fashion to help lower greenhouse gases, and in addition, provide
emergency services."
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.
Investor Relations Contact:
Lewis W. Kreps
Three Part Advisors, LLC
www.threepa.com
214-599-7955
or
David Mossberg
Three Part Advisors, LLC
817-310-0051
SOURCE: ZBB Energy Corporation
http://www.threepa.com/
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