eguana announces 2015 annual results and provides update - residential energy storage
Eguana technology(Tsx venture: EGT)(OTC PINK:STGYF)
The results for the fiscal year ended September 30, 2015 were announced today, along with 2016 updates and guidance.
2016 Eguana's high light soutlook can still benefit from the growth of the distributed energy generation market in the United States, Europe and Japan.
Our expectation is that revenue will continue to grow year on year. Bi-
Direcx is the industry's recognized power-level leader and is one of the only power control systems standardized and certified for multiple growth markets.
"During the year, we decided to expand our customer base, expand our reach and launch new product applications to the market.
"We have achieved these goals successfully," said Justin Holland, CEO of Eguana . ".
"We have a leadership position in Hawaii with leading storage company E-
Gear added: "Gear LLC, we have integrated and UL-certified products with Primus Power, we have shipped the demo units back to the European market and expect multiple products this year
About Eguana technology
Eguana technology(Tsx venture: EGT)
Design and manufacture high-performance power controllers for residential and commercial energy storage systems.
With more than 15 years of experience, Eguana provides power grid edge power electronics for fuel cell, photovoltaic and battery applications, it also provides proven, durable, high-capacity manufacturing facilities in Europe and North America with high quality solutions.
Eguana has deployed thousands of proprietary energy storage inverters in the European and North American markets and is a leading supplier of solar self-powered
Consumption at the edge of the grid, grid services and demand charging applications.
For more information, visit www. EguanaTech.
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We specifically include: statements relating to our power control value for the energy storage market, as well as statements regarding revenue use and the company's ability to obtain the necessary approval from the TSX risk exchange. Forward-
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