ZBB Energy (ZBB) Soars On New Phase of Strategic Partnership

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Posted On: 12/17/2013 3:53:06 PM

Posted By: trader4506

ZBB Energy Corp. (ZBB)

Shares of ZBB skyrocketed after the company reported that it has entered into a new product development partnership and expanded license agreement with Lotte Chemical.

Under the terms of the strategic partnership, Lotte will acquire an expanded non-exclusive license to sell ZBB 's zinc-bromide continuous flow battery globally with the exception of the United States and China.

In addition, ZBB and Lotte entered into a new research development agreement. The next generation 500kWh battery represents a tenfold increase in storage capabilities relative to the current ZBB EnerStore(R) 50kWh product.

With the signing of these agreements, ZBB realizes a substantial improvement in their cash position, as well as longer term opportunities for additional revenues and cash flow.

ZBB designs, develops, and manufactures advanced energy storage, power electronic systems, and engineered custom and semi-custom products targeted at the growing global need for distributed renewable energy, energy efficiency, power quality, and grid modernization.

More about ZBB Energy Corp. (ZBB) at www.zbbenergy.com .

Crown Equity Holdings Inc. (CRWE)

While the popularity of social networking consistently rises, new uses for the technology are frequently being observed.

At the forefront of emerging trends in social networking sites is the concept of "real-time web" and "location-based."

CRWE is currently developing a social networking service and phone app, CRWE Network (CRWE-PR), that is designed to target all the communities in every state of the United States.

CRWE ‘s business plan is based on selling advertising to local businesses. Its goal is to facilitate exchanges of goods and services in a manner similar to Craigslist, a classified advertisements website with sections devoted to jobs, housing, personals, for sale, items wanted, services, community, gigs, résumés, and discussion forums.

CRWE is looking to deliver value for its stockholders in both the near and long term, and to improve the potential future growth for the company, is targeting the multi-billion dollar social networking service market.

CRWE_Network