Mr. Justin Holland reports

EGUANA INTRODUCES EGUANA EDGE

Eguana Technologies Inc. has introduced the Eguana Edge at the Smart Energy Conference in Halifax, N.S.

The Eguana Edge(TM), a key element of the Eguana Cloud platform, is a utility feeder load balancer that provides Distribution System Operators (DSO's) with a fleet of energy storage assets, which are managed in real time, to stabilize feeder loading and voltage quality. The Eguana Edge(TM) presents this fleet as a single asset for DERMS integration, to deliver system level ancillary services, including demand response, frequency regulation, and spinning reserve. Eguana is currently demonstrating Eguana Edge(TM), with utilities in Canada and the USA, on distressed feeder lines that require end-of-line voltage support or have a high penetration of solar.

"North American utility interest in the Eguana Edge(TM) is moving rapidly and we are excited to demonstrate its capabilities and savings to DSO's and utilities, as our rollouts expand," commented Brent Harris, Chief Operating Officer at Eguana. "We designed Eguana Edge(TM) in collaboration with several key utility partners, to deliver feeder balancing services on distribution grids, especially in rural areas where feeders experience the most stress and are also the most expensive to upgrade, with traditional infrastructure solutions. We look forward to promoting this product more broadly with utility leaders throughout the year, as we add more partners to our early deployment program."

Eguana Edge(TM) consists of a fleet of Eguana's industry leading energy storage solution products, combined with Eguana's fleet management software and operations and maintenance services. Eguana Edge(TM) can be deployed as a customer owned fleet, however, it delivers the highest value when deployed as a utility owned asset, offering resiliency to their customers, in exchange for hosting and accessing the systems.

About Eguana Technologies Inc.

Eguana's vision is to accelerate grid modernization and resilience, by delivering flexible, modular, and cost-effective alternatives to traditional grid upgrades. Our technology provides value to all key stakeholders - from the consumer, to the electricity retailer, the distribution utility, and the system operator.

Eguana Technologies connects utilities with consumers, through its high-performance commercial and residential energy storage solutions. Eguana's vertically integrated product suite has been designed from the ground up, with both the end user and the utility in mind, to transition the power grid seamlessly.

Manufactured in local facilities across the globe to ensure compliance and quality, Eguana's standardized platform allows the flexibility to ensure each product solution is optimized for use in major grid modernization markets.

We seek Safe Harbor.