These forward-looking statements reflect Powerstorm ESS's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. For more information visit This release contains forward-looking statements concerning market developments for our products and corresponding value propositions for our customers. The foundational and innovative technology from Powerstorm ESS is protected with several patents pending. Powerstorm ESS is utilizing innovative materials to develop advanced Modular energy storage solutions, in combination with our low cost, high performance lithium ion batteries that will power the next generation of energy storage and renewable energy applications. Their experienced team of finance professionals specializes in working with companies that have products or technologies related to energy efficiency, the environment, alternative energy resources, and distributed generation." Mike Freni, Chairman and CEO of Powerstorm ESS, commented, "We are excited to have retained Ardour Capital Investments as our financial advisor to identify funding and strategic opportunities for our company as we endeavor to develop and bring to market our innovative hybrid power solutions. Ardour will also explore strategic alliance initiatives in the form of potential mergers and acquisition. Ardour will focus on strategic advisory to Powerstorm ESS with their funding goals to support the development, manufacturing, and deployment of their hybrid energy storage solutions. Through this investment banking agreement, Ardour has agreed on a best efforts basis to secure the Company a private placement financing from its extensive base of accredited individual investors.Īrdour Capital Investments is a leading independent investment banking firm that specializes in financial advisory to help with the capitalization of companies focused on Energy Technology, Alternative Energy & Power, and Clean & Renewable Technologies.
RANCHO PALOS VERDES, CA / ACCESSWIRE / Novem/ Powerstorm ESS ( PSTO) ("Powerstorm ESS" or "the Company") ( today announced that it has selected Ardour Capital Investments as its investment banking advisor for the purpose of raising capital to fund the implementation of the Company's strategic plan.
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