ZBB Energy Corporation Announces the Shipment of ZESS 50 Energy Storage System to Oregon State University
MILWAUKEE-(Business Wire)-September 25, 2009 - ZBB Energy Corporation (NYSE AMEX: ZBB) today announced it has shipped its ZESS 50TM unit to the Wallace Energy Systems & Renewables Facility in Oregon as a part of the previously announced contract with Oregon State University (OSU).
This fully integrated ZESS power system will be used in an on grid configuration with simulated wind and hydro electric sources. The ZESS POWR PECC system controls energy and power inputs from multiple power sources and then delivers energy out through an integrated inverter. The OSU project is supported by the Bonneville Power Authority and Central Lincoln Public Utilities District.
ZBB’s Project Manager, Mr. Christopher Kuhl said, “This project is a first of a kind trial in the United States to use energy storage as a dispatchable resource on the grid to make up for shorter duration changes in outputs from wind power. Creating effective operational models using resources like the ZESS POWR system will make wind energy a more knowable and valuable generation source.”
About ZBB Energy Corporation
ZBB Energy Corporation (NYSE AMEX: ZBB) provides clean energy storage solutions based on proprietary zinc rechargeable energy storage technology that addresses requirements in multiple markets such as alternative energy applications, large electrical utilities and green residential and commercial architecture. A developer and manufacturer of its modular, transportable and environmentally friendly Zinc Energy Storage Systems ("ZESS"), ZBB Energy was founded in 1998 and is headquartered in Wisconsin with offices also located in Perth, Western Australia. ZESS POWR is a ZBB registered trade mark.
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offering, are forward-looking statements within the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risk and uncertainties that may cause actual results to differ materially, including historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company’s need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company’s most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.
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