Sustainable Energy Technologies Ticker Symbol Change
Sustainable Energy Technologies Ltd (TSX VENTURE:STG) is pleased to announce
that the common shares of the Company begin trading today - September 9, 2013 -
under the new symbol - "EGT."
The change reflects the Company's decision to rebrand Sustainable Energy
Technologies Ltd as "Eguana Technologies Inc" (See: News Release dated September
4, 2013) as the Company's proven bi-directional low voltage inverter emerges as
the high efficiency global leader for distributed residential and commercial
solar energy storage systems.
The name Eguana was selected because of the connection with iguanas. Iguanas
spend most of their time in the sun storing energy for use at night. Iguanas
survive in harsh climates, are highly adaptable to different environmental
conditions, are efficient, and live for more than 20 years. The name "Eguana"
creates a simple and memorable brand that is linked to energy storage and
resilience under tough operating conditions - shared characteristics of an
Iguana and Eguana's energy storage inverters.
The website for Eguana Technologies Inc is www.eguanatech.com. Readers are also
invited to follow industry and market news on Twitter at:
About EGUANA TECHNOLOGIES INC
Eguana Technologies Inc designs and manufactures intelligent high performance
low-voltage power electronics platforms for distributed smart grid and energy
storage applications. The software configurable platform enables energy storage
systems to optimize the modularity and safety advantages of low voltage advanced
battery technologies at a much lower cost, and with greater design flexibility
than is possible with conventional power electronics solutions.
Eguana's proprietary design and control software allows energy storage systems
to charge and discharge batteries with higher round-trip conversion efficiencies
across the full power curve than any other solution in today's market.
Eguana's bi-directional electronics platform simplifies total system topology,
reducing the system component count and total system cost and enhancing total
system reliability. Its' unique "open" control architecture allows development
partners maximum control over power conversion functionality and maximum
flexibility to optimize system design and product performance.
Eguana's software configurable platform meets smart grid requirements in
different countries enabling the simultaneous introduction of a global platform
in multiple markets.
Headquartered in Calgary, Alberta, Canada, Eguana Technologies Inc is listed on
the TSX Venture Exchange (TSX VENTURE:EGT).
To learn more, visit www.EguanaTech.com or follow us on Twitter,
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 concerning the features of our energy storage inverter and its value
for residential and commercial scale energy storage systems; and statements
concerning the value of the energy storage inverter to development partners.
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 current Annual
Information Form which may be found on its website or at sedar.com. 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Eguana Technologies Inc
+1.403.508.7177 ext 111
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