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Press Release: EnSync Energy Announces Leadership Change

Press Release: EnSync Energy Announces Leadership Change

新聞稿:EnSync Energy宣佈更換領導層
道琼斯 ·  2019/01/25 20:00

Press Release: EnSync Energy Announces Leadership Change

新聞稿:EnSync Energy宣佈更換領導層

EnSync Energy Announces Leadership Change

EnSync Energy宣佈領導層變動

Brad Hansen Resigns, Sandeep Gupta Named Interim CEO

布拉德·漢森辭職,桑迪普·古普塔被任命為臨時首席執行官

PR Newswire

美通社

MILWAUKEE, Wis., Jan. 25, 2019

威斯康星州密爾沃基,2019年1月25日

MILWAUKEE, Wis., Jan. 25, 2019 /PRNewswire/ -- EnSync, Inc. (NYSE American: ESNC), dba EnSync Energy Systems, which is creating the future of electricity with innovative residential and commercial distributed energy resource (DER) systems and Internet of Energy (IOE) control platforms, announced today the resignation of Bradley Hansen as the Company's Chief Executive Officer and as a member of the Board of Directors. The Company further announced that the Board of Directors has appointed Sandeep Gupta as interim CEO and Chief Restructuring Officer and also as a member of the Company's Board of Directors. Mr. Gupta is a principal and founder of Novo Advisors and his expertise ranges from the development of short-term liquidity forecasts, break-even analyses, and performance/profit improvement studies to mergers and acquisitions and liquidation analyses for healthy and distressed businesses across a wide array of industries. Prior to founding Novo Advisors Mr. Gupta was a Managing Director in FTI Consulting's Corporate Finance practice based in Chicago. There Mr. Gupta assisted clients in stabilizing businesses experiencing a liquidity crisis and improving financial performance both in an advisory capacity and on an interim management basis.

亞洲網威斯康星州密爾沃基2019年1月25日電以創新的住宅和商業分佈式能源(DER)系統和能源互聯網(IOE)控制平台創造電力未來的EnSync公司(紐約證券交易所美國市場代碼:ESNC)、dba EnSync能源系統公司今天宣佈,布拉德利·漢森辭去公司首席執行官和董事會成員一職。公司進一步宣佈,董事會已任命桑迪普·古普塔為臨時首席執行官兼首席重組官,同時也是公司董事會成員。古普塔先生是Novo Advisors公司的負責人和創始人,他的專長包括開發短期流動性預測、盈虧平衡分析和業績/利潤改善研究,以及為各行各業的健康和困境企業進行併購和清算分析。在創建Novo Advisors之前,古普塔先生是位於芝加哥的FTI Consulting公司財務業務的常務董事。在那裏,古普塔先生以顧問和臨時管理層的身份協助客户穩定正在經歷流動性危機的企業,並改善財務業績。

Before joining FTI in 2007, Mr. Gupta spent eight years with Silverman Consulting, a boutique restructuring advisory firm based in Chicago where he gained many of his aforementioned skills. Prior to Silverman, Mr. Gupta was an operational and strategy consultant for two years with Arthur D. Little. Mr. Gupta also has six years of experience as an engineer for Exelon Corporation's Commonwealth Edison power generation business in Chicago.

在2007年加入FTI之前,古普塔在Silverman Consulting工作了八年,這是一家總部位於芝加哥的精品重組諮詢公司,他在那裏獲得了許多前述技能。在加入Silverman之前,古普塔先生在Arthur D.Little擔任了兩年的運營和戰略顧問。古普塔先生還在埃克斯隆公司位於芝加哥的英聯邦愛迪生髮電業務擔任了六年的工程師。

Mr. Gupta holds an M.B.A. in Finance and Business Strategy from the University of Chicago and a B.S. in Mechanical Engineering from the University of Illinois at Chicago. Mr. Gupta is a member of the Chicago chapter of the Association for Corporate Growth and has most recently passed all three parts of the Certified Turnaround Professional exam.

古普塔先生擁有芝加哥大學金融與商業戰略碩士學位和伊利諾伊大學芝加哥分校機械工程學士學位。古普塔先生是公司成長協會芝加哥分會的成員,最近通過了認證扭虧為盈專業人員考試的所有三個部分。

About EnSync Energy Systems

關於EnSync能源系統公司

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. For more information, visit www.ensync.com.

EnSync,Inc.(紐約證券交易所美國市場代碼:ESNC),dba EnSync Energy Systems,正在用創新的分佈式能源(DER)系統和能源互聯網(IOE)控制平台創造電力的未來。EnSync Energy確保通過優先使用所有可用資源(如可再生能源、能源存儲和公用電網)的電力基礎設施提供最具成本效益和彈性的電力。作為項目開發人員,EnSync Energy獨特的參與方法包括負載分析、系統設計諮詢以及技術和財務建模,以確保能源系統的規模和優化能夠滿足客户的價值和性能目標。專有的直流(DC)電源控制硬件、能源管理軟件以及在多種能源存儲技術方面的豐富經驗,使EnSync Energy具有獨特的優勢,能夠提供全面集成的系統,提供高效的設計、採購、調試和持續運營。EnSync Energy的IOE控制平台可以輕鬆適應不斷變化的發電和負荷變量,以及公用事業價格和計劃的變化,確保在電錶背後賺錢或省錢的手段,同時為公用事業公司提供使用DER進行一系列電網增強服務的機會。除了直接系統銷售,EnSync Energy在其產品組合中還包括購電協議(PPA),這為客户節省了電力,併為投資者提供了穩定的財務收益。EnSync Energy是一家全球性公司,在中國安徽成立了美能能源(Meineng Energy)的合資企業,在夏威夷成立了能源項目開發子公司Holu Energy LLC。欲瞭解更多信息,請訪問www.ensync.com。

Safe Harbor Statement

安全港聲明

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 EnSync Smart Home Energy System, MatrixTM Energy Management, DER FlexTM, DER SuperModule, and Agile TM 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.

本新聞稿包含1933年證券法(經修訂)第27A條和1934年證券交易法(經修訂)第21E條所指的前瞻性陳述,這些陳述旨在被這些條款創造的“安全港”所涵蓋。前瞻性陳述基於某些假設,描述我們未來的計劃、戰略和預期,通常可以通過使用“相信”、“預期”、“可能”、“將”、“應該”、“可能”、“尋求”、“打算”、“計劃”、“目標”、“估計”、“預期”或其他類似術語來識別。本新聞稿中除有關歷史事實的陳述外,有關我們的戰略、前景、財務狀況、運營、成本、計劃和目標的所有陳述均為前瞻性陳述。前瞻性陳述的例子包括,我們關於項目完成時間表、我們將PPA資產貨幣化的能力、關於我們資本資源的充足性、預期的營業虧損、預期的收入、預期的費用以及我們對業務戰略的期望的陳述。前瞻性陳述既不是歷史事實,也不是對未來業績的保證。相反,它們僅基於我們目前對業務未來、未來計劃和戰略、預測、預期事件和趨勢、經濟和其他未來狀況的信念、預期和假設。由於前瞻性陳述與未來有關,它們會受到固有的不確定性、風險和環境變化的影響,這些不確定性、風險和環境變化很難預測,其中許多是我們無法控制的。我們的實際結果和財務狀況可能與前瞻性陳述中顯示的大不相同。因此, 您不應該依賴這些前瞻性陳述中的任何一種。可能導致我們的實際結果和財務狀況與前瞻性陳述中顯示的大不相同的重要因素包括但不限於:我們歷史上和預期的未來運營虧損以及我們繼續經營的能力;我們籌集必要資本為我們的運營提供資金的能力以及融資交易對股東的稀釋風險;我們成功地將新產品商業化的能力,包括我們的EnSync智能家居能源系統、MatrixTM能源管理、Der FlexTM、Der SuperModule和Agile TM混合存儲系統;我們降低成本的能力;以及我們成功地將新產品商業化的能力,包括EnSync智能家居能源系統、MatrixTM能源管理、DER FlexTM、DER SuperModule和Agile TM混合存儲系統這些風險和不確定性因素包括但不侷限於我們的產品、客户和地域的集中度,以及收入多樣化的影響;我們對政府授權的依賴,以及對替代能源和第三方擁有的太陽能系統的監管待遇的依賴;我們對政府授權以及與替代能源相關的退税、税收抵免和其他經濟激勵措施的依賴;以及其他在風險因素以及管理層在提交給我們的最近提交的10-K表格年度報告和隨後提交的10-Q表格季度報告中詳細介紹的其他風險和不確定性。我們沒有義務公開更新任何可能不時做出的前瞻性陳述,無論是書面的還是口頭的,無論是由於新信息、未來發展還是其他原因。

EnSync Energy Media Contact:

EnSync能源媒體聯繫人:

Lisa Nash

麗莎·納什

Antenna Group

天線組

ensync@antennagroup.com

郵箱:ensync@antennagroup.com

(646) 883-4296

(646) 883-4296

Michelle Montague

米歇爾·蒙塔古

mmontague@ensync.com

郵箱:mmontague@ensync.com

(262) 735-5676

(262) 735-5676

Investor Relations Contact:

投資者關係聯繫人:

Lytham Partners, LLC

Lytham Partners,LLC

Robert Blum, Joseph Diaz, or Joe Dorame

羅伯特·布魯姆、約瑟夫·迪亞茲或喬·多拉姆

(602) 889-9700

(602) 889-9700

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SOURCE EnSync, Inc.

來源EnSync,Inc.

/Web site: http://www.ensync.com

網址:http://www.ensync.com



(END) Dow Jones Newswires

(完)道瓊通訊社

January 25, 2019 07:00 ET (12:00 GMT)

2019年1月25日美國東部時間07:00(格林尼治標準時間12:00)

譯文內容由第三人軟體翻譯。


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