LION E-Mobility AG / Key word(s): Incoming Orders/Product Launch
19.09.2016 15:15
Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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LION E-Mobility AG subsidiary LION Smart GmbH is pleased to announce that
it has received the largest order in the company's history.
LION Smart has been selected by its partner Kreisel Electric to equip
Kreisel Electric's home storage "Mavero" with the necessary battery
management system.
The order volume amounts to a mid-seven-figure sum over a period of two
years.
We are very pleased with the enormous interest in Kreisel's "Mavero" home
storage being the reason for the first large-scale order in the segment of
BMS for stationary storage systems.
The Open Source BMS of LION Smart was able to fully convince Kreisel
Electric. This is a confirmation of being on the right track with the open
solution which can be easily adapted to various customer needs, says
Chairman of the Board Daniel Quinger.
The simple yet very attractive visualization of the state of charge of the
home storage, its outstanding design, and not least its good cost
effectiveness, which even outshines Tesla's storage, is thus leading to an
ever increasing interest in "Mavero", IR Manager Walter Wimmer is pleased
to report.
http://www.kreiselenergy.com/
http://www.lionsmart.com/
About LION E-Mobility AG
LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly
in the field of electric energy storage as well as battery pack development
and management. The Company holds 100% of the German LION Smart GmbH, a
development and engineering company specialized on custom designed battery
packs and battery-management-systems. LION Smart GmbH further holds a 30%
stake of the TÜV SUED Battery Testing GmbH, a dynamically growing joint
venture with the renowned TÜV SUED AG. Members of the Board of Directors
are: Dipl.-Ing. Daniel Quinger (President of the Board), Dipl.-Ing. Tobias
Mayer, Mr. Hany Magour, Dr. Isolde Semm and Dipl.-Ing. (FH) Martin Specht.
The Management of LION Smart GmbH consists of Dipl.-Ing. Tobias Mayer and
Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery Testing
GmbH is Dipl.-Wi.-Ing. (FH) Christian Theeck. For more information please
visit our homepage: www.lionemobility.com
Disclaimer
This presentation contains forward-looking statements that involve a number
of risks and uncertainties, including statements that relate to, among
other things, the Company's objectives, goals, strategies, intentions,
plans, beliefs, expectations and estimates, and can generally be identified
by the use of words such as "may", "will", "could", "should", "would",
"likely", "expect", "intend", "estimate", "anticipate", "believe", "plan",
"objective" and "continue" (or the negative thereof) and words and
expressions of similar import. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable,
such statements involve risks and uncertainties, and undue reliance should
not be placed on such statements. Certain material factors or assumptions
are applied in making forward-looking statements, and actual results may
differ materially from those expressed or implied in such statements.
Important factors that could cause actual results to differ materially from
expectations include but are not limited to: general business and economic
conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal
and regulatory proceedings; the ability to adapt products and services to
the changing market; the ability to attract and retain key executives; and
the ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking
statements contained in this presentation, whether as a result of new
information, future events or otherwise, except as required by law.
Investor Relations Contact:
Mr. Walter Wimmer
Telephone: +49 (0)89 74567993
Email: ir@lionemobility.de
http://www.lionemobility.de
LION E-Mobility AG
Poststrasse 6
6300 Zug
Switzerland
19.09.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: LION E-Mobility AG
Poststraße 6
6300 Zug
Switzerland
Phone: +41 (0)41 500 54 11
Fax: +41 (0)41 500 54 12
E-mail: info@lionemobility.de
Internet: www.lionemobility.com
ISIN: CH0132594711, CH0132594711
WKN: A1JG3H , A1JG3H
Listed: Regulated Unofficial Market in Hamburg, Munich (m:access);
Open Market in Frankfurt
End of Announcement DGAP News-Service
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DGAP-Adhoc: LION E-Mobility AG subsidiary LION Smart GmbH has been awarded a major contract from Kreisel Electric
| Source: EQS Group AG