EESTOR LAUNCHES INFORMATIONAL VIDEO SERIES, EDUCATING A BROAD AUDIENCE ON ITS ELECTRICAL STORAGE TECHNOLOGY
EEStor hopes to augment and replace capacitor technology utilized in a multi billion dollar segment of the industrial supply chain.
TORONTO and AUSTIN, Texas – May 24, 2018 – EEStor Corporation (TSXV:ESU), developers of an innovative solid state electrical storage technology, today announce the launch of “The New Alternative – Electrolytic Replacement”, the first in a new informational video series that details market-specific test results based on EEStor’s advanced technology.
The video series will provide viewers with information on the benefits of EEStor’s capacitor materials and offers expert commentary for engineers, scientists, shareholders and financial analysts. Each installment will outline the market opportunity, provide market specific use-cases, and highlight key anticipated advantages of EEStor’s new technology over incumbent solutions.
“We chose to share this information through a video series that is both more personal and engaging than a PowerPoint presentation,” said Ian Clifford, CEO of EEStor. “It’s important for our company to share our various areas of expertise to help others understand the value in this important technology.”
The first video in the series discusses the advantages of EEStor’s technology, compared to aluminum electrolytic capacitors (AECs), a US $4.6 billion global market. AECs, utilized in the automotive, military, healthcare, and consumer technology industries, are known for a high capacitance, but offer a limited operational lifetime. EEStor’s third-party validated materials, are expected to offer licensees of the technology the opportunity to produce longer-lasting, more cost-efficient capacitors made from sustainable materials.
The advanced aluminum electrolytic capacitor (AEC) replacement technology developed by EEStor, has the potential to touch nearly every aspect of our technological lives, including:
● Everyday household objects – power supplies for LED light bulbs and radios, wireless routers computer backup power supplies, and GPS systems
● Medical devices – defibrillators (both external and implantable), imaging technologies MRI and Cat-scan machines, testing equipment as well as medical pumps, compressors and motors
● Industrial applications – Telecommunications, Heating/AC, power supplies for industrial motors and compressors, manufacturing robotics and control systems including energy generation and distribution (wind, solar, wave, etc.)
● Transportation – automotive rail and bus electronic sub-assemblies, and electric car and bus power and drive electronics
The next video in the series will discuss the renewables and green energy market, incorporating how EEStor’s technology can be applied in this market and what to expect for the future. You can find all of EEStor’s informational videos on YouTube here: https://youtu.be/lV7idqmDWBY
About EEStor Corporation:
EEStor is a developer of high energy density solid-state capacitor technology utilizing the company’s patented Composition Modified Barium Titanate (CMBT) material. The company is focused on licensing opportunities for its technology across a broad spectrum of industries and applications.
The Company’s success depends on the commercialization of its technology. There is no assurance that EEStor will be successful in the completion of the various enhancement phases underway to warrant the anticipated licensing opportunities in the technology. Readers are directed to the “Risk Factors” disclosed in the Company’s public filings.
Sparkpr for EEStor Corporation
Chief Executive Officer
416-535-8395 ext. 3