Clear Blue Technologies, Facebook, and Telefonica Announce OpenCellular-Power Progress at TIP Summit


Speakers will share results of OpenCellular-Power projects as a part of the Telecom Infra Project’s reimagining of internet infrastructure

TORONTO, Oct. 16, 2018 (GLOBE NEWSWIRE) --  Today, Miriam Tuerk, CEO and co-founder of Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU), the Smart Off-Grid™ company, Jamie Yang, power and connectivity project group co-chair at Facebook, and Cesar Hernandez-Perez, manager of strategic projects and investments at Telefonica, will share the results of projects using OpenCellular-Power (OC-Power) at the 2018 TIP Summit in London.

TIP is an initiative co-founded in 2016 by Facebook, SK Telecom, Intel, Nokia, and Deutsche Telekom to accelerate the pace of innovation in the telecom industry and improve connectivity for a billion people worldwide.  In just two years, TIP has grown to include over 500 organizations as members, who are investing capital, resources, and expertise to develop and install entirely new and economically-viable telecom infrastructure for emerging markets.

OC-Power is the open-source power solution for TIP’s OpenCellular wireless access platform, designed to deliver a highly reliable, low-cost and easy-to-maintain power source.  Clear Blue is jointly developing the Smart Power Management API for OC-Power with Facebook.  The Smart Power Management API will define the interface to smart management systems, such as Clear Blue’s Illumience cloud software.

“There is a huge opportunity in the market to bring connectivity to billions of people, but it requires new technology and low-cost, managed power,” said Miriam Tuerk.  “We are excited to be working with Facebook and other TIP members to deliver the clean power system and remote management capability for TIP’s OpenCellular telecoms solution.  We have already demonstrated success through collaboration with Facebook and other TIP members on projects in Latin America and sub-Saharan Africa.”

Connecting the Unconnected

Clear Blue has delivered its Smart Off-Grid technology for the following telecom projects:

Clear Blue will also launch an OC-Power addition to its Illumience Smart Off-Grid management service, which today controls, manages, and proactively services off-grid systems for telecom, lighting, security, the Internet of Things, and other critical infrastructure in 34 countries worldwide.  The addition will enable advanced features including energy forecasting, comprehensive system management, control and alert capabilities to prevent outages and enable remote troubleshooting.

About Clear Blue Technologies International

Clear Blue Technologies International, the Smart Off-Grid™ company, was founded on a vision of delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security, Internet of Things devices, and other mission-critical systems.  Today, Clear Blue has thousands of systems under management across 34 countries, including the U.S. and Canada.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.  Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Clear Blue's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Clear Blue's control.  Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

By identifying such information and statements in this manner, Clear Blue is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Clear Blue to be materially different from those expressed or implied by such information and statements.

An investment in securities of Clear Blue is speculative and subject to several risks including, without limitation, the risks discussed under the heading "Risk Factors" in Clear Blue's listing application dated July 12, 2018.  Although Clear Blue has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, Clear Blue has made certain assumptions.  Although Clear Blue believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements.  The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Clear Blue does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.  All subsequent written and oral forward-looking information and statements attributable to Clear Blue or persons acting on its behalf are expressly qualified in their entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Media Contact:
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Montieth & Company
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bnye@montiethco.com

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