Eguana Technologies Inc

Eguana (TSX: EGT.V) designs and manufactures grid interactive energy storage systems based on its proprietary power control technology. Fully integrated energy storage systems (“ESS”) consist of three major components, the software controller (the energy management system or “EMS”), the battery, and the advanced power controls.  The Company’s smart power control technology charges and discharge batteries, converting alternating current (AC) to direct current (DC) to charge and converting DC to AC to discharge batteries in a seamless bi-directional conversion process. Eguana’s technology also provides the point of connectivity to the energy storage system and provides regulatory control over the interconnection of the energy storage system to the power grid and the consumer.  Eguana’s products are designed and delivered as a value-added, factory assembled, energy storage system pre-integrated and certified with lithium batteries.  Eguana can also deliver the solution without the EMS controller for integration into the customer’s own control network (“AC Battery”) or as a set of power controls sub-assemblies(“Bi-Direx”) for integration by the Company’s partners into their own products, with their own batteries. Eguana’s focus is on distributed energy storage located at the point of consumption, or the edge of the power grid. The Company believes edge of grid, or behind the meter, applications are the most cost-effective way to manage the power grid while delivering multiple value streams to the key stakeholders; the customer, the electricity retailer, the distribution utility and the system operator.   Management of Eguana believes that distributed energy storage continues to have significant growth potential in the renewable energy sector. Eguana’s product lines are standardized, globally patented and commercially certified for distribution in major markets.  Intellectual property is one of the Eguana’s core assets, and includes 16 patents and pending patents globally. Eguana’s competitive advantage is based on its software-driven open controls architecture, its core technology efficiency advantage and its energy storage integration capabilities. Recent product development activities have furthered Eguana’s technology capability to include remote diagnostics, pre and auto charge capability, expandable storage capacity and simplified installation.

Our Strategy

 Eguana’s vision is to become a global leader in residential and small commercial grid tied energy storage systems. Strategically the Company remains focused on product standardization with pre-integrated, factory assembled, software driven energy storage systems with flexible capacity and an open controls interface to support locally optimized energy management software. In 2017 the Company aligned the following objectives to this strategy;

• Build key relationships in the United States, Europe, and Australia
• Convert 2016 design wins into partner contracts
• Technology advancement in residential and small commercial platforms
• Expand human resource, operational, and development capacity