CellCube Appoints Bruno Arnold to Board of Directors
TORONTO , Sept. 5, 2018 -- CellCube Energy Storage Systems Inc. ("CellCube" or the "Company") (CUBE.CN) (CUBE.CN) (CECBF) (01X.F) is pleased to announce that Mr. Bruno Arnold has agreed to join CellCube's board of directors.
Mr. Arnold is an international financier and real estate developer with over 50 years of business experience. He was a founder and is currently Chairman of Euromart Group, one of the largest privately held real estate and investment advisory services companies in Canada . Mr. Arnold is originally from Switzerland and received a degree in Architecture from the Lucerne University of Applied Science. His fluency in four languages has been a factor in developing a large European client base as an asset manager. He is also a spokesperson and keynote speaker for several real estate industry associations and investment organizations.
"Bruno brings a wealth of international financing experience to CellCube's board of directors," stated Mike Neylan , CEO of Cellcube. "CellCube is a global company and having Bruno's extensive international business experience, especially in Europe , is a huge benefit to our company. We welcome Bruno onboard."
CellCube's acquisition of the assets of Gildemeister Energy Storage GmbH has transformed CellCube and its wholly-owned subsidiary, Enerox GmbH, into a leading integrated resource and energy storage company. Together with the company's recent acquisition of Jet Power & Control Systems Ltd. (now renamed EnerCube Switchgear Systems Inc.) and Hillcroft Consulting Ltd. (renamed PowerHaz Energy Mobile Solutions Inc.) and its investment in Braggawatt Energy Inc., CellCube is gearing up to deliver fully vertically integrated energy storage solutions to utilities and independent power producers for both stand-alone energy storage projects as well as projects where energy storage enhances the value proposition from renewable energy generation.
For further information, please contact:
Glenda Kelly, Investor Communications
Telephone: 1 (800) 882-3213
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) accepts responsibility for the adequacy or accuracy of this release.