MILWAUKEE, May 3, 2018 /PRNewswire/ -- EnSync, Inc.
(NYSE American: ESNC), dba EnSync Energy Systems, a leading
developer of innovative distributed energy resources (DERs), today
announced that the Company will hold a conference call on
Tuesday, May 15, 2018, at
4:30 p.m. ET (3:30 p.m. CT) to discuss results for its third
quarter fiscal year 2018 ended March 31,
2018. The Company plans to release financial results in a
press release after the market close on May
15, 2018.
The conference call will include comments from Chief Executive
Officer, Brad Hansen and Chief
Financial Officer, Bill
Dallapiazza.
Date: Tuesday, May 15, 2018
Time: 4:30 p.m. ET (3:30 p.m. CT)
Domestic participant dial in #: (877) 283-0524 or (412)
317-5232
Conference code #: 10120148
Please call the conference telephone number 5-10 minutes prior
to the start time. An operator will register your name and
organization.
Interested parties can also listen to a live internet webcast
available in the investor section of the Company's website at
www.ensync.com.
A teleconference replay of the call will be available at (877)
344-7529 or (412) 317-0088, confirmation code 10120148, through
May 22, 2018. A webcast replay will
be available in the investor section of the Company's website at
www.ensync.com for 90 days.
About EnSync Energy Systems
ENSYNC, INC. (NYSE
American: ESNC), dba EnSync Energy Systems, is creating the future
of electricity with innovative distributed energy resource (DER)
systems and internet of energy (IOE) control platforms. EnSync
Energy ensures the most cost-effective and resilient electricity,
delivered from an electrical infrastructure that prioritizes the
use of all available resources, such as renewables, energy storage
and the utility grid. As project developer, EnSync Energy's
distinctive engagement methodology encompasses load analysis,
system design consulting, and technical and financial modeling to
ensure energy systems are sized and optimized to meet our
customers' objectives for value and performance. Proprietary direct
current (DC) power control hardware, energy management software,
and extensive experience with numerous energy storage technologies
uniquely positions EnSync Energy to deliver fully integrated
systems that provide for efficient design, procurement,
commissioning, and ongoing operation. EnSync Energy's IOE
control platform adapts easily to ever-changing generation and load
variables, as well as changes in utility prices and programs,
ensuring the means to make or save money behind-the-meter, while
concurrently providing utilities the opportunity to use DERs for an
array of grid enhancing services. In addition to direct system
sales, EnSync Energy includes power purchase agreements (PPAs) in
its portfolio of offerings, which enables electricity savings for
customers and provides a stable financial yield for investors.
EnSync Energy is a global corporation, with joint venture
Meineng Energy in AnHui,
China, and energy project development subsidiary Holu
Energy LLC in Hawaii, and
DCfusion LLC, a power system engineering and design,
consultancy and policy firm. For more information, visit
www.ensync.com.
Safe Harbor Statement
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities 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," "goal," "estimate," "anticipate" or other
comparable terms. All statements other than statements of
historical facts included in this press release regarding our
strategies, prospects, financial condition, operations, costs,
plans and objectives are forward-looking statements. Examples of
forward-looking statements include, among others, statements we
make regarding project completion timelines, our ability to
monetize our PPA assets, 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 are neither
historical facts nor assurances of future performance. Instead,
they are based only on our current beliefs, expectations and
assumptions regarding the future of our business, future plans and
strategies, projections, anticipated events and trends, the economy
and other future conditions. Because forward-looking statements
relate to the future, they are subject to inherent uncertainties,
risks and changes in circumstances that are difficult to predict
and many of which are outside of our control. Our actual results
and financial condition may differ materially from those indicated
in the forward-looking statements. Therefore, you should not rely
on any of these forward-looking statements. Important factors that
could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, among others, the following: our historical and
anticipated future operation losses and our ability to continue as
a going concern; our ability to raise the necessary capital to fund
our operations and the risk of dilution to shareholders from
capital raising transactions; our ability to successfully
commercialize new products, including our Matrix™ Energy
Management, DER Flex™, DER Supermodule™, and Agile™ Hybrid Storage
Systems; our ability to lower our costs and increase our margins;
our product, customer and geographic concentration, and lack of
revenue diversification; the length and variability of our sales
cycle; our dependence on governmental mandates and the availability
of rebates, tax credits and other economic incentives related to
alternative energy resources and the regulatory treatment of
third-party owned solar energy systems; and the other 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 Report(s) on Form
10-Q. We undertake no obligation to publicly update any
forward-looking statement, whether written or oral, that may be
made from time to time, whether as a result of new information,
future developments or otherwise.
Media Relations Contact:
Antenna
Shreema Mehta
ensync@antennagroup.com
(646) 416-9853
EnSync Energy Media Contact:
Michelle
Montague
mmontague@ensync.com
(262) 735-5676
Investor Relations Contact:
Lytham Partners, LLC
Robert Blum, Joseph Diaz, or Joe Dorame
(602) 889-9700
esnc@lythampartners.com
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SOURCE EnSync, Inc.