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Eguana Technologies Inc V.EGT

Alternate Symbol(s):  EGTYF

Eguana Technologies Inc. designs, markets, manufactures and sells fully integrated energy storage solutions, based on its power electronics platform, for global residential and commercial markets. The Company connects utilities with consumers, through its commercial and residential energy storage solutions. The Company also markets and sells a suite of micro inverter products, which are integrated with its energy storage platform, providing consumers with a full solar + storage system architecture for residential and commercial applications. The Company’s product lines are based on a patented, software-driven, advanced power control technology platform. Its products include Evolve and Elevate. Its Evolve is a storage solution for homes large and small, which provides a fully automated backup solution for multi-day power outages. Its Elevate is engineered to reduce peak loads and reduce demand charges for small commercial and industrial applications.


TSXV:EGT - Post by User

Bullboard Posts
Post by Lucky777on Nov 06, 2018 8:50am
57 Views
Post# 28929299

More Orders

More OrdersEguana Confirms Additional Orders as Global Partnerships Continue to Expand CALGARY, Alberta, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Eguana Technologies Inc. (TSX.V: EGT) (OTCQB: EGTYF) is pleased to provide an update on sales and partner training activities as new and recurring orders continue to increase. The Company has confirmed it has added an additional $2.5 million in sales orders commencing August, with approximately 80% represented by re-orders from existing customers. In addition, Eguana, through its standardized onboarding and web-based training platform, has trained and certified over 150 technicians, installers and distribution partners in the US and Australia. By standardizing our onboarding process and providing web-based training we are seeing a rapid expansion of Eguana certified partners and installers. Simplifying this process was critical to achieve 2019 growth objectives in our target markets, commented Justin Holland, Eguana Technologies Chief Executive Officer. With the order book approaching $6 million over the last 120 days, and over 25 new partner companies certified under the Eguana training program, we believe this growth trajectory will not only continue but will accelerate in the coming quarters. The Company has also confirmed product shipments relative to July orders began in September, with volume shipments expected to commence to Puerto Rico, Hawaii, and Australia in November and December. In anticipation of the increased demand, the Company has received its final US$750,000 tranche from lending partner WTI to support working capital requirements. About Eguana Technologies Inc. Based in Calgary, Alberta Canada, Eguana Technologies Inc. (EGT: TSX.V) (OTCQB: EGTYF) designs and manufactures high performance residential and commercial energy storage systems. Eguana has two decades of experience delivering grid edge power electronics for fuel cell, photovoltaic and battery applications, and delivers proven, durable, high quality solutions from its high capacity manufacturing facilities in Europe and North America. With thousands of its proprietary energy storage inverters deployed in the European and North American markets, Eguana is one of the leading suppliers of power controls for solar self-consumption, grid services and demand charge applications at the grid edge. To learn more, visit www.EguanaTech.com or follow us on Twitter @EguanaTech Company Inquiries Justin Holland CEO, Eguana Technologies Inc. +1.416.728.7635 Justin.Holland@EguanaTech.com Forward Looking Information 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 pertaining to the value of our power controls to the energy storage market and statements concerning
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