MILWAUKEE, WI--(Marketwire -03/20/12)- Executives from ZBB Energy Corporation (AMEX: ZBB - News), a distinct leader in energy storage and power control platforms that integrate renewable and conventional sources, have joined the American Council on Renewable Energy (ACORE).
President and CEO Eric Apfelbach was invited to serve on ACORE's Leadership Council, while vice president of Sales and Marketing Timothy Martin will serve on the ACORE National Defense and Security Advisory Committee.
ACORE's Leadership Council facilitates expert input on the development of effective public policy for renewable energy and provides a channel for leaders from all sectors of the renewable energy community to express their views.
ACORE's National Defense and Security Advisory Committee draws upon the collective expertise and experience of its membership, who are renewable energy leaders involved in manufacturing, project development, finance, end-use and professional services.
Given the strength of its membership, ACORE is uniquely positioned to help the U.S. Department of Defense (DoD) meet its objective of sourcing 25% of its energy from renewable resources by 2025. In April 2011, ACORE appointed Retired U.S. Navy Vice Rear Admiral Dennis McGinn as president of the organization. McGinn is actively engaged in efforts at the national level to bring attention to the close link between energy, climate and national security.
"ZBB Energy is honored to be a member of ACORE and especially for our executives to serve in these capacities," said Dan Nordloh, executive vice president of global business development at ZBB Energy. "Working with the DoD, we have the opportunity to enhance energy security, advance the renewable energy industry, and improve military mission success.
"ZBB's ever increasing relevance in military projects, designed to integrate and optimize renewable and traditional energy sources, continues to position us to play a key role in helping to reduce the energy footprint of our military."
The Department of Defense operates more than 539,000 buildings and conducts operations in all 50 states, seven U.S. Territories, and 38 countries. As the world's largest fuel consumer, in 2011, the U.S. Military spent more than $13 billion on energy.
Last week, ZBB announced it was awarded a contract by a solar integrator to provide a ZBB EnerSystem™ to the U.S. Military. The system will combine the company's ZBB EnerStore™ flow-battery technology with ZBB EnerSection™ power control capability for use in a unique application designed to operate in both grid-connected and transportable micro-grid applications.
For more information about ZBB Energy Corp., contact Liolios Group at 949-574-3860 or email ZBB@liolios.com.
About ZBB Energy Corporation
ZBB Energy Corporation (AMEX: ZBB - News) designs, develops, and manufactures advanced energy storage, power electronic systems, and engineered custom and semi-custom products targeted at the growing global need for distributed renewable energy, energy efficiency, power quality, and grid modernization. ZBB and its power electronics subsidiary, Tier Electronics, LLC, have developed a portfolio of integrated power management platforms that combine advanced power and energy controls plus energy storage to optimize renewable energy sources and conventional power inputs whether connected to the grid or not. Tier Electronics participates in the energy efficiency markets through their hybrid vehicle control systems, and power quality markets with their line of regulation solutions. Together, these platforms solve a wide range of electrical system challenges in global markets for utility, governmental, commercial, industrial and residential end customers. Founded in 1998, ZBB's platforms ensure optimal efficiencies today, while offering the flexibility to adapt and scale to future requirements. ZBB's corporate offices and production facilities are located in Menomonee Falls, WI, USA with offices also located in Perth, Western Australia. For more information, visit: http://www.zbbenergy.com
ACORE, a 501(c)(3) non-profit membership organization, is dedicated to building a secure and prosperous America with clean, renewable energy. ACORE provides a common educational platform for a wide range of interests in the renewable energy community, focusing on technology, finance and policy. We convene thought leadership forums and create energy industry partnerships to communicate the economic, security and environmental benefits of renewable energy.
Certain statements made in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and 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," "estimate," "anticipate" or other comparable terms. Forward-looking statements in this press release may address the following subjects among others: 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 involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including those 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 Reports on Form 10-Q. We urge you to consider those risks and uncertainties in evaluating our forward-looking statements. We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Except as otherwise required by the federal securities laws, we disclaim any obligation or undertaking to publicly release any updates or revisions to any forward-looking statement contained herein (or elsewhere) to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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