Eguana Expands Operational Capacity in Southern California

Source: · GLOBE NEWSWIRE · | May 5, 2021

Source: Eguana Technologies Inc.

CALGARY, Alberta and CARSON, Calif., May 05, 2021 (GLOBE NEWSWIRE) -- Eguana Technologies (TSX.V: EGT) (OTCQB: EGTYF) is pleased to announce that it has begun assembling product in Carson, California for the US market. Through an expanded partnership with its key supplier Noratel, the Company has established packaging, logistics, and customer service capabilities in market and will commission assembly capabilities during the quarter.

“We are excited to expand our partnership with Eguana and offer packaging, logistics, and assembly services in addition to magnetics supply from our established facility in Carson California,” said Steve Nolan, Managing Director of Noratel Canada and Director of Noratel Power Engineering. “We have seen a significant order increase with respect to Eguana magnetics over the last several months and our team is excited to execute on the assembly plans and ramp up shipments to Eguana customers.”

“Noratel is a long-standing partner and we were happy to be in position to ramp up material orders with them, along with all our key partners, to scale the business and meet continued demand in California” commented Eguana Chief Executive Officer Justin Holland. “The operations team has also been successful in securing additional storage space close to the Carson facility, which provides further flexibility within our supply chain and will help mitigate future supply disruption as a result of the global pandemic and stressed shipping lanes.”