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OTTAWA, ONTARIO – TheNewswire - January 8th, 2025 – Braille Energy Systems Inc. (TSX-V: BES) (“BESI” or the “Company”) is pleased to announce that is has entered into an arrangement with Enercare Home and Commercial Services Limited Partnership (“Enercare”), one of Canada’s largest home and commercial services companies, to supply Enercare with the ELECTRAFY STANDBY HOME BACK-UP POWER SYSTEM. Enercare is expected to begin offering Electrafy to its Canadian customers in 2025.
“Securing this agreement with Enercare validates our vision to bring the most reliable and cost-effective Home Standby Home Back-up Power solution to Canadian homeowners,” said Lindsay Weatherdon, President and CEO of BESI. “Enercare’s reach within the Canadian residential and new home construction markets provides us with a strong sales and installation partner to support our growth.”
“We are very pleased to enter into this arrangement with Braille Energy Systems Inc,” added Kevin Liu, SVP Product & Marketing of Enercare. “The Electrafy system caters to a significant number of our customers for whom traditional backup power solutions are not an option due to housing density and affordability.”
About Electrafy Standby Home Back-up Power Systems
Electrafy is a modern solution for homeowners looking for a cost-effective and reliable emergency backup power system. Seamless, quiet, fossil-fuel free, and easy to install, the Electrafy system requires no homeowner involvement when the power goes out, as it automatically turns on and powers your critical loads when needed, including, most importantly, when you’re not home. Electrafy is available in 6.5Kwh or 13 Kwh battery capacity and is ideal for all types of homes, including high density urban dwellings where traditional gas-powered generators can’t be installed.
About Braille Energy Systems Inc.
(0.a)Braille Energy Systems Inc. holds an 89.95% equity interest in Braille Holdings Inc., which holds a 100% equity interest in Braille Battery Inc. Braille Battery is an established battery-manufacturing and energy storage company supplying batteries to the professional motor sports industry and the pioneer of a complete line of lightweight high powered battery systems for the transportation market. Braille Energy Systems (BESI) will expand its market penetration into a wider range of market segments that require lightweight, high-performing energy solutions, using the most scientifically advanced materials. For additional information about BESI and Braille Battery products, please visit our website at: www.brailleenergy.com or www.braillebattery.com.
About Enercare Inc.
Enercare Inc. (“Enercare”) is headquartered in Markham, Ontario, Canada, and is one of Canada’s largest home and commercial services companies. Serving Canadians for over 60 years, we are a leading provider of water heaters, water treatment, furnaces, air conditioners and other HVAC equipment and related services. With growing operations across Canada, Enercare serves customers in Alberta, Manitoba, New Brunswick, Ontario, Quebec and Saskatchewan through its Enercare, Service Experts and HydroSolution brands. For more information on Enercare, visit www.enercare.ca.
For more information, please contact:
Judith Mazvihwa-Maclean, CFO
613-581-4040
Kimberly Darlington, Investor Relations
514-771-3398
Forward-Looking Statement
This News Release contains "forward-looking information" within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, completion of the Transaction, completion of a private placement, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company's business and operations and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this News Release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.
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