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Clear Blue Technologies International Inc
Symbol CBLU
Shares Issued 124,021,237
Close 2024-02-29 C$ 0.07
Market Cap C$ 8,681,487
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Clear Blue Technologies adds Esite to Illumience

2024-02-29 11:05 ET - News Release

Mr. Miriam Tuerk reports

CLEAR BLUE RELEASES ESITE EDITION OF ILLUMIENCE AND PROVIDES UPDATE ON ITS 'ROAD TO ZERO DIESEL' R&D PROGRAM

Clear Blue Technologies International Inc. has made a full integration of its Esite product with its industry-leading smart power cloud management service, Illumience. Currently in beta release, the service goes live in March, 2024, to all its telecom infrastructure customers.

The company's patented energy forecasting and management will minimize generator operations and maximize solar energy performance. It is the key focus of its artificial intelligence (AI) road map. Supported by a $5-million grant from the government of Canada, in 2024 and 2025, smarter predictive analytics supported by machine learning will bring significant cost benefits to its customers. Together, its target is a 20- to 50-per-cent reduction in generator fuel consumption, which ultimately could deliver an increase in profit of 5 to 10 per cent for telecom infrastructure customers.

Building on its customer validated features that are the foundation of Illumience:

  • Maximum uptime and performance;
  • Longest system life;
  • Easy to install and maintain.

Its product differentiation will leverage its unparalleled collection of one trillion data points supporting:

  • Energy forecasting and management;
  • Unparalleled remote troubleshooting and remediation.

New for 2024 -- leveraging its proprietary data for further ML (machine learning) and AI advancements

To date, Clear Blue has shipped to 55 countries around the world with products operating in a wide variety of conditions. Over this time, the company has processed more than one trillion cloud transactions from our production systems. This large proprietary data store forms the basis for the next layer in the AI stack -- machine learning. With more than 38,000 years of operating data, it has the largest repository of solar and energy performance of Telecom and IOT (Internet of Things) systems. This is the key to leading the market in artificial intelligence.

The Esite-Illumience product release in Q1 is the next step and through the next three quarters, Clear Blue's service will be enhanced with:

  • Its new insights dashboard which provides network wide deep analytics and power systems metrics to identify degradations that will eventually lead to outages or degraded performance;
  • Enhanced power uptime performance analytics including grid availability, potential energy and true battery state of charge;
  • Enhanced commissioning, installation and maintenance incident management;
  • Solar panel, battery and cabling smart diagnostics.

The road to zero diesel for its customers

As companies experience unparalleled cost and currency pressures, reducing and eliminating diesel energy costs - including both fuel and site servicing costs -- is of utmost importance. Clear Blue has already proven that it can deliver the lowest upfront cost -- as an example, solar only systems with Clear Blue's smart power have a 40 per cent lower capex than other systems. Now, Clear Blue is bringing this capability to diesel powered larger systems through its AI-driven product road map.

"We are pleased that the rest of the industry is now seeing the importance of the data and analytics foundation that we built Clear Blue's product stack on from day 1," said Miriam Tuerk, chief executive officer of Clear Blue. "Pair that with the significant growth demand in the market for connectivity and for green power, we are meeting the challenges of our customers as they grab this significant growth opportunity."

About Clear Blue Technologies International Inc.

Clear Blue Technologies International, the smart off-grid company, was founded on a vision of delivering clean, managed, wireless power to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems.

We seek Safe Harbor.

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