|By Marketwired .||
|June 13, 2013 02:34 PM EDT||
MILWAUKEE, WI -- (Marketwired) -- 06/13/13 -- ZBB Energy Corporation (NYSE MKT: ZBB), the leading developer of intelligent, renewable energy power platforms and hybrid vehicle control systems, today announced that ZBB President and CEO, Eric Apfelbach, has been invited for the second consecutive year to serve the Clinton Global Initiative as a member of the Renewable & Distributed Energy Working Group.
Taking place this week in Chicago, the Clinton Global Initiative www.cgiamerica.org is an annual event focused on finding solutions that promote economic recovery in the United States. This working meeting brings together leaders from the business, foundation, NGO, and government sectors to develop solutions that increase employment, advance access to education and skills development, strengthen energy security, and promote an environment for business growth and innovation.
Mr. Apfelbach serves on the Renewable and Distributed Energy Working Group www.cgiamerica.org/workinggroups, the purpose of which is to advance the adoption of innovative, cost-effective renewable and distributed energy solutions, including solar, wind, and grid enabling technologies. As the U.S. moves toward a cleaner, more diverse energy portfolio, electricity markets will need to accommodate new sources of power and adapt to an increasingly distributed grid system. Localized energy resources, known as distributed energy, reduce the need for expensive transmission, increase the reliability and security of the electric system, and contribute to local economic development. This Working Group is comprised of companies, utilities, financiers, government, and NGOs coming together to identify new renewable and distributed energy projects and models, scale existing programs, and build collaborative partnerships.
About ZBB Energy Corporation
ZBB Energy Corporation (NYSE MKT: ZBB) designs, develops, and manufactures advanced energy storage, power electronic systems, and engineered custom and semi-custom products targeted at the growing global need for distributed renewable energy, energy efficiency, power quality, and grid modernization. ZBB and its power electronics subsidiary, Tier Electronics, LLC, have developed a portfolio of integrated power management platforms that combine advanced power and energy controls plus energy storage to optimize renewable energy sources and conventional power inputs whether connected to the grid or not. Tier Electronics participates in the energy efficiency markets through their hybrid vehicle control systems, and power quality markets with their line of regulation solutions. Together, these platforms solve a wide range of electrical system challenges in global markets for utility, governmental, commercial, industrial and residential end customers. Founded in 1986, ZBB's platforms ensure optimal efficiencies today, while offering the flexibility to adapt and scale to future requirements. ZBB's corporate offices and production facilities are located in Menomonee Falls, WI, USA with offices also located in Perth, Western Australia. For more information, visit: www.zbbenergy.com.
Safe Harbor Statement
Certain statements made in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended that are intended to be covered by the "safe harbor" created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "will," "should," "could," "seek," "intend," "plan," "estimate," "anticipate" or other comparable terms. Forward-looking statements in this press release may address the following subjects among others: statements regarding the sufficiency of our capital resources, expected operating losses, expected revenues, expected expenses and our expectations concerning our business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those risks and uncertainties described in the Risk Factors and in Management's Discussion and Analysis of Financial Condition and Results of Operations sections of our most recently filed Annual Report on Form 10-K and our subsequently filed Quarterly Reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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