TORONTO, May 16, 2019 /CNW/ -- CELLCUBE ENERGY STORAGE
SYSTEMS INC. ("CellCube" or the "Company") (CSE: CUBE) (CSE:
CUBE.CN) (OTCQB: CECBF) (Frankfurt: 01X) (WKN: A2JMGP) is very
pleased announce the wholly-owned subsidiary, EnerCube Switchgear
Systems Inc. ("Enercube") has received a significant purchase order
on May 3, 2019 for $700,000 CND from a metal recycling facility in
Minneapolis, Minnesota.
"Enercube has received its first international order to design,
manufacture, test and supply 38kV outdoor rated (NEMA 3R) Metal
clad switchgear. From a concept input sketch, Enercube's
Engineering team worked in liaison with the customer representative
and recommended an optimum cost-effective solution to win this
contract. Enercube's ability to execute custom designed systems
with speed and efficiency continues to be an advantage to earn new
business. The project management group has successfully planned out
this job by considering an expedited strategy - which is another
key strength of Enercube," states Brian
Ricker, President & CEO of Enercube. "Enercube is
working with agents to continue to advance the growth of the
business into the US."
About EnerCube
EnerCube Switchgear Systems Inc. is a leading-edge provider
of custom and off-the-shelf electrical equipment and systems. The
company has been providing innovative and high-quality products for
over ten years to heavy power users, pipeline companies,
refineries, manufacturers, municipalities and infrastructure
providers. It offers a "one stop shop" to its customers in terms of
complete turn-key engineering & electrical solutions and
equipment. Its key products include electrical switchgear, motor
control switchers, solar power inverters and vanadium storage
battery installation.
EnerCube designs, manufactures, assembles, integrates, and tests
a complete range of industry leading, innovative and dependable
power control systems accessories. https://www.enercube.ca/
About CellCube Energy Storage Systems Inc.
CellCube is a Canadian public company listed on the Canadian
Securities Exchange (symbol CUBE), the OTCBB (symbol CECBF), and
the Frankfurt Exchange (Symbol 01X, WKN A2JMGP) focused on the
fast-growing energy storage industry which is driven by the large
increase in demand for renewable energy. CellCube supplies
vertically integrated energy storage systems to the power
industry. Enerox GmbH is the developer and manufacturer of
CellCube energy storage systems. CellCube's other related
subsidiary is EnerCube Switchgear Systems Inc., a leading-edge
provider of custom and off-the-shelf electrical equipment and power
control systems.
The Company has also invested in an online renewable energy
financing platform, Braggawatt Energy Inc.
CellCube develops, manufactures, and markets energy storage
systems on the basis of vanadium redox flow technology and has over
136 project installations and a 10 year operational track record.
Its highly integrated energy storage system solutions feature 99%
residual energy capacity after 11,000 cycles (cycling daily for 28
years) and larger scale containerized modules. Basic building
blocks consist of a CellCube unit family with 4, 6 and 8 hours
variation in energy capacity.
Visit the CellCube team at booth C2.534 at Intersolar/ees
Europe in Munich May 15-17,
2019
CellCube is the proud winner of the ees award by an independent
industry panel as a major technology improvement
On behalf of CellCube Energy Storage Systems Inc.,
Stefan Schauss, CEO
This news release contains certain "forward-looking
statements" within the meaning of Canadian securities legislation.
Forward-looking statements are statements that are not historical
facts which address events, results, outcomes or developments that
the Company expects to occur; they are generally, but not always,
identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "aims",
"potential", "goal", "objective", "prospective", and similar
expressions, or that events or conditions "will", "would", "may",
"can", "could" or "should" occur. Forward-looking statements are
based on the beliefs, estimates and opinions of the Company's
management on the date the statements are made and they involve a
number of risks and uncertainties. Certain material assumptions
regarding such forward-looking statements are discussed in this
news release and the Company's annual and quarterly management's
discussion and analysis filed at www.sedar.com. Except as
required by the securities disclosure laws and regulations
applicable to the Company, the Company undertakes no obligation to
update these forward-looking statements if management's beliefs,
estimates or opinions, or other factors, should
change.
Neither the CSE nor its Regulation Services Provider (as that
term is defined in the policies of the CSE) accept responsibility
for the adequacy or accuracy of this release.
Glenda Kelly, Investor
Communications
1-800-882-3213
Email: info@cellcubeenergystorage.com
www.cellcubeenergystorage.com
CellCube Energy Storage Systems Inc.
Ste 10 – 8331 River Road
Richmond, BC V6X 1Y1
393 University Avenue, Suite 1810
Toronto, Ontario M5G 1E6
1-800-882-3213
CSE CUBE 12g3-2(b): 82-2062
OTCQB CECBF Frankfurt 01X, WKN A2JMGP
www.cellcubeenergystorage.com
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SOURCE CellCube Energy Storage Systems Inc.