TORONTO and AUSTIN, Texas, Feb. 06, 2018 (GLOBE NEWSWIRE) -- EEStor Corporation (TSXV:ESU) (the “Company” or “EEStor”), developers of high energy density, solid-state capacitors, today announced that, subject to regulatory approval, it has engaged Spark Public Relations, LLC as its agency of record. Founded in 1999, the San Francisco based public relations firm built its reputation in the Bay Area through deep technical expertise, an extensive network of relationships with key influencers and customized engagements designed to exceed its clients’ communications goals.
“We’re thrilled to partner with EEStor, whose solid-state capacitor technology has the immediate potential to disrupt the energy storage market,” said Spark CEO Alan Soucy. “We are always looking for disruptive companies that tackle some of the world’s biggest challenges. EEStor’s IP certainly meets that criteria and has the potential to impact the consumer electronics, grid storage, renewables, automotive and aerospace markets.”
“Spark has a well deserved reputation for helping companies like ours successfully tell their stories and reach their target audiences,” said Ian Clifford, Founder and CEO of EEStor. “We are confident their experience, relationships and creativity will help us achieve our strategic corporate goals.”
The engagement agreement between the parties provides that Spark will provide public relations services to EEStor for a minimum term of 3 months (subject to earlier termination in certain circumstances), with either party entitled to terminate the engagement after the initial 3 month period on 30 days’ prior written notice. Spark is to be paid an initial non-refundable retainer of US$30,000 with monthly fees thereafter of US$10,423 exclusive of applicable taxes, and is entitled to be reimbursed for reasonable out-of-pocket expenses incurred. Spark and its directors, officers and employees do not own securities of EEStor.
About EEStor Corporation
EEStor Corporation's mission is to be the provider of leading edge electrical energy storage and related technologies. EEStor operates on the principle and belief that a fundamental breakthrough in energy storage will be the catalyst for positive environmental and economic change globally. EEStor’s current business strategy is focused on licensing opportunities across a broad spectrum of industries and applications building on its recent technology achievements related to solid-state, high energy density capacitors.
The Company’s success depends on the commercialization of its technology. There is no assurance that EEStor will be successful in the completion of the various enhancement phases underway to warrant the anticipated licensing opportunities in the technology. Readers are directed to the "Risk Factors" disclosed in the Company’s public filings.
About Spark
Spark specializes in helping technology-focused and innovation-minded companies transform their brands by bringing powerful narratives to life through public relations and integrated marketing programs. The agency’s full suite of services includes content and social development, programmatic distribution and other forms of paid media, and data-driven insights to inform strategic planning and measure go to market plans.
Spark also provides comprehensive strategic communications & marketing services for blockchain and cryptocurrency leaders through its Sparkchain division.
For additional information please contact:
Ian Clifford
Chief Executive Officer
EEStor Corporation
Tel. 416-535-8395 ext. 3
Ian.Clifford@EEStorCorp.com
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