Clear Blue’s Smart Off-Grid technology will
provide clean, reliable power for IDSUD’s street lights and IoT
systems
Clear Blue Technologies International Inc. (“Clear Blue”)
(TSXV:CBLU), the Smart Off-Grid™ company, and IDSUD Energies, a
French renewable energy company, today announced an agreement under
which Clear Blue will be the exclusive supplier of Smart Off-Grid
management technology and services for IDSUD Energies’ solar/wind
powered lighting and Internet of Things (IoT) systems.
Antoine Ettori of IDSUD Energies, stated: “Clear Blue’s Smart
Off-Grid technology and expertise have been instrumental in the
success of many projects around the world, and we are firm
believers in the value it delivers to customers, from the initial
install and commissioning through deployment. Together, Clear Blue
and IDSUD Energies deliver the most reliable off-grid solutions on
the market, and we look forward to expanding our strong partnership
under the terms of the new agreement.”
Clear Blue’s Smart Off-Grid platform will manage, control, and
monitor IDSUD Energies’ solar and wind-powered lighting systems and
other IoT off-grid energy systems. With extensive management and
control capabilities, automated monitoring and alerts, proactive
weather forecasting, and the ability to optimize systems remotely,
Smart Off-Grid helps keep systems running, prevents outages, and
enables remote troubleshooting when needed to quickly resolve any
issues. The result is unmatched reliability, long-lasting system
performance, and a reduction of up to 80 percent in installation
and maintenance costs.
Miriam Tuerk, co-founder and CEO of Clear Blue, said “Clean,
managed, ‘wireless’ power is at the core of our company’s vision.
We are excited to be providing IDSUD Energies with our Smart
Off-Grid technology and management service to support their
fast-growing off-grid lighting and IoT business. Through its
advanced data analytics and control capabilities, Smart Off-Grid
delivers the high reliability, long-term performance, and low
maintenance costs that complement the high quality and value of
IDSUD Energies’ product lines.”
About Clear Blue Technologies International Inc.
Clear Blue Technologies International, the Smart Off-Grid™
company, was founded on a vision of delivering clean, managed,
“wireless power” to meet the global need for reliable, low-cost,
solar and hybrid power for lighting, telecom, security, Internet of
Things devices, and other mission-critical systems. Today Clear
Blue has about 4000 systems under management across 34 countries,
including the U.S. and Canada.
About IDSUD Energies:
IDSUD Energies engages in the research and development of small
3D proximity wind turbines and outdoor lighting solutions to
transform wind and solar energies into public lighting. It also
offers self-reliant wind powered lampposts; telemetering solutions
that simplify the remote management of stock; and nheosecure
applications that allow equipping installations with security
cameras, presence detector, dissuasion lighting, and siren on
presence detection. The company was founded in 2013 and is based in
Marseille, France. IDSUD Energies operates as a subsidiary of IDSUD
GROUP.
Forward-Looking Information and Statements
This press release contains certain "forward-looking
information" within the meaning of applicable Canadian securities
legislation and may also contain statements that may constitute
"forward-looking statements" within the meaning of the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Such forward-looking information and forward-looking
statements are not representative of historical facts or
information or current condition, but instead represent only Clear
Blue's beliefs regarding future events, plans or objectives, many
of which, by their nature, are inherently uncertain and outside of
Clear Blue's control. Generally, such forward-looking information
or forward-looking statements can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or may contain
statements that certain actions, events or results "may", "could",
"would", "might" or "will be taken", "will continue", "will occur"
or "will be achieved". The forward-looking information contained
herein may include, but is not limited to, information concerning
the performance of the parties, and the ability to achieve costs
savings, under the contract referenced herein.
By identifying such information and statements in this manner,
Clear Blue is alerting the reader that such information and
statements are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Clear Blue to be
materially different from those expressed or implied by such
information and statements.
An investment in securities of Clear Blue is speculative and
subject to several risks including, without limitation, the risks
discussed under the heading "Risk Factors" in Clear Blue's listing
application dated July 12, 2018. Although Clear Blue has attempted
to identify important factors that could cause actual results to
differ materially from those contained in the forward-looking
information and forward-looking statements, there may be other
factors that cause results not to be as anticipated, estimated or
intended.
In connection with the forward-looking information and
forward-looking statements contained in this press release, Clear
Blue has made certain assumptions. Although Clear Blue believes
that the assumptions and factors used in preparing, and the
expectations contained in, the forward-looking information and
statements are reasonable, undue reliance should not be placed on
such information and statements, and no assurance or guarantee can
be given that such forward-looking information and statements will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information and
statements. The forward-looking information and forward-looking
statements contained in this press release are made as of the date
of this press release, and Clear Blue does not undertake to update
any forward-looking information and/or forward-looking statements
that are contained or referenced herein, except in accordance with
applicable securities laws. All subsequent written and oral
forward-looking information and statements attributable to Clear
Blue or persons acting on its behalf are expressly qualified in
their entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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version on businesswire.com: https://www.businesswire.com/news/home/20180724005522/en/
Media Relations:Montieth & Company/North AmericaBecky
Nye, +1 646-864-3517Associatebnye@montiethco.comorInvestor
Relations:invest@clearbluetechnologies.comhttp://www.clearbluetechnologies.com/en/investors
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