Welcome!

News Feed Item

Blue Earth and PowerGenix Enter Multi-Year Joint Product Development and International Master Agent Agreements

Blue Earth's Intelligent UPStealth(TM) Traffic UPS Systems Incorporating PowerGenix's Patented Nickel Zinc Battery Technology to Be Adapted for Deployment in Worldwide Multiple Market Verticals

HENDERSON, NV --(Marketwired - June 30, 2014) - Blue Earth, Inc. (OTCQB: BBLU) a renewable energy and energy efficiency services company, announced today that it has entered into an International Master Agent Agreement with PowerGenix, the leading developer of high performance Nickel-Zinc ("NiZn") batteries. The multi-year joint product development and international master agent agreements will adapt Blue Earth's proprietary, intelligent traffic uninterruptable power supply ("UPS") systems for use in, worldwide multiple market verticals, including digital data storage and server operations, grid storage, critical transportation operations, city infrastructure and emergency UPS markets.

PowerGenix's patented NiZn battery technology is inherently a high power, high rate capable chemistry that is also ideally suited for grid applications such as frequency and voltage modulation, peak shaving, and Transportation & Distribution (T&D) deferral. The batteries use an inflammable aqueous electrolyte, making them extremely safe and abuse tolerant across a wide temperature range.

PowerGenix, headquartered in San Diego, California also has a technology development and product engineering facility in Shenzhen, China that oversees its supply chain and raw material quality control, and provides direct support to its Asian customers. PowerGenix NiZn batteries have been certified by China National Labs and PowerGenix is working with several major automotive OEMs and Tier1 suppliers worldwide on the Stop-Start and Micro-Hybrid markets, including Peugeot and Hella.

"Blue Earth's UPStealth™ intelligent systems and PowerGenix's advanced Nickel Zinc energy storage systems are complementary technologies driving common marketing initiatives. We have the unique opportunity to combine the technology, development, manufacturing and marketing capabilities of both corporations into breakthrough life-enhancing worldwide solutions," commented Robert Kanode, CEO of PowerGenix. "PowerGenix is delighted to join the Blue Earth team!"

The global stationary markets, including traffic UPS and grid storage, are multi-billion dollar market segments. New analysis from Frost & Sullivan predicts that revenue of $1.61 billion in 2013 will reach $2.34 billion in 2019 as a result of the demand for well-equipped data centers with fully functioning backup power.

"The trend towards virtualization and cloud computing, as well as the need for data availability on the go, is boosting the number of UPS installations," said Frost & Sullivan Energy & Environmental Research Analyst Anu Elizabeth Cherian. "Organizations are veering towards a new generation of UPS systems that complement the virtual server design and significantly raise the total power usage effectiveness of data centers."

 The insatiable demand for data centers and compute cycles is on a strong, upward trajectory according to a Pike Research report exploring global green data center trends. Today's data center industry is estimated to consume approximately 1.5%of the world's energy. The net result is that the industry is undergoing a sea change as it struggles to keep energy demand in check while concurrently growing. The change is driven by a diverse yet highly integrated set of factors: the prices of electricity and real estate, greenhouse gas emissions, information technology improvements, an unending increase in storage requirements, cloud computing, virtualization, electronic-based business models, large steps in cooling techniques, and significant improvements in monitoring and management tool suites. Blue Earth and PowerGenix believe they are well positioned to capitalize on their existing battery technology to penetrate these market opportunities.

The global growth of Intelligent Data Centers ("IDC") and their use of lead-acid based battery backup systems has been challenging due to historical issues with short-life, corrosiveness, high maintenance, replacement costs, size and weight, as well as limited operating temperatures. Besides the incumbent lead-acid batteries occupying rooms or floors of space, IDCs also struggle with the constant inconvenience and safety of battery replacement and the cost of operations in order to provide reliable battery backups.

A new IDC use model needs an advanced system that can provide battery backup for just a few minutes during loss of utility power, which will provide the IDC sufficient time to transfer services to a redundant server, located at an off-site location somewhere else in the world. This new use model creates the need for a battery backup system that is smaller in size, can fit in unused rack space, is lighter in weight, has intelligence with remote diagnostics, requires little to zero maintenance, carries ease of installation, provides longer life, is environmentally friendly, and is designed around quick recharge and discharge. The NiZn based battery backup system to be manufactured and marketed through the Blue Earth/PowerGenix partnership is intended to meet all of these criteria.

"The depth and breadth of the relationship between Blue Earth and PowerGenix is remarkable and rare in the battery industry. Our unique relationship provides global consumers of battery backup systems the confidence and convenience of knowing they are working with an experienced team that is focused on manufacturing and delivering state-of-the-art UPS solutions that remove their current pain, frustrations and challenges," said Tim Hysell, Corp. Sr VP of the Blue Earth Technology and Programs division. "Our first proof statement, the UPStealth™, is already commercially viable and speaks volumes to anyone seeing the product for the first time."

About PowerGenix
PowerGenix is the leading developer of high-performance, low-cost Nickel-Zinc batteries for automotive, industrial and stationary storage applications. PowerGenix Nickel-Zinc batteries are a superior alternative to lead-acid and other advanced chemistries, offering lower weight, higher energy density and improved recyclability, which leads to lower costs over their entire service life. For more information, please visit http://www.powergenix.com.

About BBLU
BBLU is engaged in the clean technology industry with a primary focus on the energy efficiency and renewable energy sectors. We strive to participate in the global movement for a sustainable planet by offering products and services that will optimize energy use, reduce harmful environmental emissions and substantially reduce energy costs to our customers. For more information about Blue Earth, Inc., please visit www.blueearthinc.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Blue Earth, Inc.
John C. Francis
www.blueearthinc.com
702.263.1808 Ext. 103
[email protected]

Liviakis Financial Communications, Inc.          
Michael Bayes                                                        
www.liviakis.com                                     
415.389.4670                                                           
[email protected]

The Del Mar Consulting Group, LLC
Robert B. Prag, President
858-361-1786
[email protected]

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Ovum, a leading technology analyst firm, has published an in-depth report, Ovum Decision Matrix: Selecting a DevOps Release Management Solution, 2016–17. The report focuses on the automation aspects of DevOps, Release Management and compares solutions from the leading vendors.
Continuous testing helps bridge the gap between developing quickly and maintaining high quality products. But to implement continuous testing, CTOs must take a strategic approach to building a testing infrastructure and toolset that empowers their team to move fast. Download our guide to laying the groundwork for a scalable continuous testing strategy.
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Choosing the right cloud for your workloads is a balancing act that can cost your organization time, money and aggravation - unless you get it right the first time. Economics, speed, performance, accessibility, administrative needs and security all play a vital role in dictating your approach to the cloud. Without knowing the right questions to ask, you could wind up paying for capacity you'll never need or underestimating the resources required to run your applications.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
StackIQ has announced the release of Stacki 3.2. Stacki is an easy-to-use Linux server provisioning tool. Stacki 3.2 delivers new capabilities that simplify the automation and integration of site-specific requirements. StackIQ is the commercial entity behind this open source bare metal provisioning tool. Since the release of Stacki in June of 2015, the Stacki core team has been focused on making the Community Edition meet the needs of members of the community, adding features and value, while ...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
It’s 2016: buildings are smart, connected and the IoT is fundamentally altering how control and operating systems work and speak to each other. Platforms across the enterprise are networked via inexpensive sensors to collect massive amounts of data for analytics, information management, and insights that can be used to continuously improve operations. In his session at @ThingsExpo, Brian Chemel, Co-Founder and CTO of Digital Lumens, will explore: The benefits sensor-networked systems bring to ...
Deploying applications in hybrid cloud environments is hard work. Your team spends most of the time maintaining your infrastructure, configuring dev/test and production environments, and deploying applications across environments – which can be both time consuming and error prone. But what if you could automate provisioning and deployment to deliver error free environments faster? What could you do with your free time?