Thursday, August 18, 2016

The Eguana AC Battery

Itochu Targets Australian Residential Storage Market with Eguana's AC Battery

CALGARY, ALBERTA--(Marketwired - Aug. 18, 2016) - Eguana Technologies Inc. (TSX VENTURE:EGT)(OTCQB:EGTYF) announced today that its partner Itochu Corporation has placed the first order for its integrated AC Battery energy storage solution. The order represents initial traction into the fast growing Australian residential market and will be distributed through an existing Itochu partner. The partner, who will remain unnamed at this time for competitive purposes, has existing distribution, installation and service coverage throughout Australia.

"We are very pleased that Itochu has been able to execute so quickly into the Australian market and with a market leader that has the distribution and installation infrastructure in place to manage the projected growth rates of the Australian market" said Justin Holland, CEO of Eguana. "This demonstrates Itochu's true global reach and we look forward to expanding our relationship in Australia, Japan, and other regions for residential and commercial applications."

"The reception of the AC Battery product in the Australian market has been very positive," said Hiroaki Murase, Manager at Itochu. "The Australian residential energy storage market is expected to reach 62MW in 2017 and our partners are looking for proven, flexible solutions like the AC Battery to deliver performance across a range of applications. We are very optimistic with the business growth opportunities in 2017."

About Itochu
With approximately 130 bases in 65 countries, ITOCHU, one of the leading sogo shosha, is engaging in domestic trading, import/export, and overseas trading of various products such as textile, machinery, metals, minerals, energy, chemicals, food, information and communications technology, realty, general products, insurance, logistics services, construction, and finance, as well as business investment in Japan and overseas.

About The AC Battery:
The Eguana AC Battery™ is a certified, grid ready power control solution pre-integrated with industry leading Li-Ion batteries. Our solution can be seamlessly integrated with a local energy management system or a distributed fleet control network using open communication protocols to provide a fully functional energy storage installation. The AC Battery provides maximum flexibility for system aggregators which want to deploy it as a standalone product, as part of new solar storage installations, or as a retrofit to solar PV installations already in place.

About Eguana Technologies Inc.
Eguana Technologies Inc. (TSX VENTURE:EGT) designs and manufactures high performance power controls for residential and commercial energy storage systems. Eguana has more than 15 years' 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 the leading supplier of power controls for solar self-consumption, grid services and demand charge applications at the grid edge.
To learn more, visit or follow us on Twitter @EguanaTech.
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 the use of proceeds and the Company's ability to obtain necessary approvals from the TSX Venture Exchange. 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 most recent audited Financial Statements which may be found on its website or at 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.
Company Inquiries
Eguana Technologies Inc.
Justin Holland

Product Inquiries
Eguana Technologies Inc.
Vishwas Ganesan
Director of Business Development, USA

Saturday, July 30, 2016


As an investor I am always wondering how my year will end. Did I reach my goals or targeted projection for growth? Is my portfolio safe if another market crash happens? It's not an easy way to make a living these days by throwing all your cash into the stock market. It's a growing trend in America yet most are merely throwing their money away. When investors first start out they usually trade local rumor in their warm circle of contacts at work or through friends. As they progress they find on line sources of information that may or may not be bait for unsuspecting new traders. The real crux of the matter is that companies need to be transparent yet tight lipped on new developments or changes in a business plan. These changes are not easy to spot if you are not in the camp or directly connected. As an aggressive investor you need to spot trends in trading patterns and watch if a larger investment group has signed on for the long haul. One site worth checking out is

The term "follow the money" means different things to different investors. You can follow the money, or you can follow the smart money. Recently Eguana Technologies had a run on it's share price, right around the time it put out it's 2nd quarter financials. You could argue that it was a run based on the speculation that the company was turning the corner on its balance sheet and investors were loading up ahead of that news. But the financials were not that great. The CEO has recently hinted in an interview that the company could start turning a profit in the 3rd quarter based on an increase in demand for it's products. Shortly after the quarterly was released a financing deal was struck that quickly put into motion a build-out of their operations and a stronger balance sheet after dealing with some small debt. $6 Million Offering The money, or smart money coming in at this key time makes me think there is a broader plan in the works that could put Eguana on a global stage.

We have all watched Tesla and Elon Musk shine a very big light on solar and the electric car market and this light may have started the move on Eguana Technologies. The company has been doing the right things in a challenging market but seems to have switched into high gear by one or multiple catalysts that have not been yet revealed to the public. The stock has been trading in a very tight range of 29-31 cents after a very nice run. Normally hype only gets you so far and although the market hints were very arousing the inevitable sell down after news has parked the stock where it is now. Oddly enough it's been almost 6 weeks since real news but the stock has not sold down any lower. It seems almost frozen while some speculate it's under heavy accumulation.

As an investor I see this story de-risked every week with solid support but there is a lack of intel or direction from the company. I remain optimistic but I need to be realistic if there is a fail to deliver. New investors fall in love with stocks and I should know better. It's a temptation I fight every day to dive even deeper into the rabbit hole. For now I have to sit back and enjoy the summer. I almost feel like I am held hostage to a story in the hottest sector of modern history. This could be my biggest and greatest investment ever. I understand the fact that companies want to keep secrets due to competition and the protection on intellectual property but when you see other stories like Electrovaya EFL.T put out news and watch the stock run from 40 cents to over $4 a share you have to believe greatness is around the corner.