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SOURCE EEStor, Inc.
CEDAR PARK, Texas, Sept. 23, 2013 /PRNewswire/ -- EEStor, Inc. is pleased to announce the sale of their developed product samples to a private investor group. This group has followed EEStor's progress with day-to-day direct communications and invested in the technology development. As such they are interested to confirm certain performance statistics gleaned from EEStor, Inc. particularly as it relates to energy storage.
EEStor is particularly pleased with this sale. It is now the second sale of samples, the first being to a potential customer with particularly positive results as it relates to capacitors and energy storage. Furthermore, EEStor is now in discussions with multiple new potential customers for initial product level demonstrations.
This press release contains "forward-looking statements," including statements related to potential new customer and investments. These statements are subject to a number of risks and uncertainties, including the risk of development or production delays, the risk that the technology or devices may not perform as expected, component or raw materials delays or shortages, the ability to effectively manage operating expenses and manufacturing operations and the ability to maintain or raise sufficient capital to fund current development and production goals. EEStor's actual results may differ materially from the expected results in this release. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statements are made. EEStor does not undertake any obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after this press release, or to reflect the occurrence of unanticipated events.
President & CEO
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