TORONTO, Aug. 22, 2018 /CNW/ -- CellCube Energy Storage Systems Inc. ("CellCube" or the "Company") (CSE: CUBE) (OTCQB: CECBF) (CSE: CUBE.CN) (Frankfurt: 01X) is pleased to announce a feature article on Braggawatt Energy Inc. ("Braggawatt") with ENERGY CIO INSIGHTS, a technology-based news company that highlights top performing and emerging companies. Braggawatt is an American online solar finance company chosen by CIO as one of America's top 10 technology start-ups. Digital Magazine Link- HTML Link CellCube's investment in Braggawatt (announced May 2, 2018) complements the Company's vision for CellCube to be a fully integrated energy storage company.
Mike Neylan, CEO of CellCube, states, "We are extremely pleased that Braggawatt is getting recognition for their online financing platform. CellCube will work closely with Braggawatt to make our energy storage system an integral part of overall energy saving financing With CellCube and Braggawatt's working relationship, we can quickly expand on market opportunities and our commitment to emerging green energy technologies around the world."
Braggawatt was established in 2017 as an end-to-end online financing platform which revolutionizes enterprise clients' ability to adopt onsite energy solutions, such as solar and energy storage, ensuring immediate and lasting cost savings with limited risk. Braggawatt's custom financing and ownership options empower small and medium-sized enterprises as well as their regional solution providers to accelerate the adoption of clean, onsite energy systems on their terms.
"Onsite energy systems, like solar and energy storage, can offer strong, lasting cost savings for customers across the US. But, SMBs and non-profits, face major challenges in adopting these systems cost effectively and on their preferred terms. Just like Amazon offers a superior online shopping experience and TurboTax simplifies accounting, our online process simplifies the solar adoption journey for US enterprises. Users get to evaluate savings potential and customize financing options to ensure clean energy objectives are achieved on their preferred terms, while working with one reliable partner," said Oleg Popovsky, Braggawatt's Chief Customer Officer.
Mr. Oleg Popovsky will be speaking at Solar Finance and Investment Canada conference on September 18, 2018 https://financecanada.solarenergyevents.com/
CellCube's acquisition of the assets of Gildemeister Energy Storage GmbH has transformed CellCube and its wholly-owned subsidiary, Enerox GmbH, into a leading integrated resource and energy storage company. Together with the company's recent acquisition of Jet Power & Control Systems Ltd. (now renamed EnerCube Switchgear Systems Inc.) and Hillcroft Consulting Ltd. (renamed PowerHaz Energy Mobile Solutions Inc.) and its investment in Braggawatt Energy Inc., CellCube is gearing up to deliver fully vertically integrated energy storage solutions to utilities and independent power producers for both stand-alone energy storage projects as well as projects where energy storage enhances the value proposition from renewable energy generation.
This news release contains certain "forward-looking statements" within the meaning of Canadian securities legislation. Forward-looking statements are statements that are not historical facts which address events, results, outcomes or developments that the Company expects to occur; they are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Certain material assumptions regarding such forward-looking statements are discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedar.com. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
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For further information, please contact:
CellCube Energy Storage Systems Inc.
Telephone: 1800 882-3213
Email: [email protected]
SOURCE CellCube Energy Storage Systems Inc.