Filed
Pursuant to Rule 433
Registration
No. 333-166935
May 21,
2010
ZBB
ENERGY HIGHLIGHTS STRATEGIC PLAN;
EXPRESSES
CONFIDENCE IN ITS FUTURE
For
Immediate Release
Milwaukee,
WI — May
21, 2010 — ZBB Energy Corporation (NYSE Amex:ZBB), a leading developer of
intelligent power platforms, today outlined its strategic plan for
achieving commercial success. The plan, which was presented at the Rodman and
Renshaw Global Investment Conference in London, UK, builds on recent company
successes, including increasing its order backlog and demonstrating an ability
to raise capital to securing State of Wisconsin loan commitments and federal
energy tax credits.
“I want
to encourage investors, customers and other interested parties to look at our
strategic plan and gain a broad appreciation for our path to success”, said Eric
Apfelbach, ZBB Energy’s Chief Executive Officer. “The pieces of information that
were highlighted in press headlines this week presented an incomplete and
inaccurate picture of ZBB Energy and what it’s trying to achieve. The press has
since corrected the inaccuracies and added some important clarifying
information, but the complete picture is still lacking, and that’s what we are
trying to address in highlighting our strategic plan.”
Mr.
Apfelbach pointed to a number of accomplishments described in detail in ZBB
Energy’s recent third quarter news release, third quarter 10-Q and recent S-1
filing with the SEC, based on the hard work and commitment of ZBB Energy
employees. They include:
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Increased
order backlog – current customer orders are detailed in the
S-1.
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Accelerated
Product Development – manufacturing has been retooled for the next
generation battery module (V2) launch, with version 3 (V3) development
ahead of schedule.
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A
solid team of professionals is on board to execute the strategic
plan.
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The
company’s demonstrated ability to raise equity
capital.
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A
State of Wisconsin $1.3 million loan commitment and subsequent $1.5
million bank commitment.
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A
U.S. Department of Energy award of $14.6 million in tax credits adding to
ZBB Energy’s enterprise value. Intellectual Property and net operating
loss (NOL) discussions are in the S-1
filing.
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Improved
financial accounting and disclosure
processes.
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“ZBB
Energy is confident in its future prospects resulting from the plan outlined in
the referenced documents,” Mr, Apfelbach added. “We look forward to announcing
results as we execute the plan.”
A Power
Point version of ZBB Energy’s strategic plan is available with Mr. Apfelbach’s
voiceover at http://www.wsw.com/webcast/rrshq17/zbb/.
Registration
Statement
ZBB
Energy also filed a registration statement (including a prospectus) with
the SEC for the offering to which this communication relates. Before you
invest, you should read the prospectus in that registration statement and other
documents the issuer has filed with the sec for more complete information about
the issuer and this offering. You may get these documents for free by visiting
Edgar on the sec web site at www.sec.gov. The
issuer, any underwriter or any dealer participating in the offering will arrange
to send you the prospectus if you request it by calling (262)
253-9800.
About
ZBB Energy Corporation
ZBB Energy Corporation (NYSE AMEX:
ZBB) provides distributed intelligent
power management platforms that directly integrate multiple renewable and
conventional onsite generation sources with rechargeable zinc bromide flow
batteries and other storage technology. This platform solves a wide range of
electrical system challenges in global markets for various types of sites with
utility, governmental, commercial, industrial and residential end customers. A
developer and manufacturer of its modular, scalable and environmentally friendly
power systems ("ZESS POWR™"), ZBB Energy was founded in 1998 and is
headquartered in Wisconsin with offices also located in
Perth, Western Australia.
Safe Harbor
Except
for the historical information contained herein, the matters set forth in this
press release, including statements relating to ZBB’s growth, are
forward-looking statements within the “safe harbor” provision of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are
subject to risks and uncertainties that may cause actual results to differ
materially, including historical volatility and low trading volume of our stock,
the risks and uncertainties inherent in the early stages of growth companies,
the company’s need to raise substantial additional capital to proceed with its
business, risks associated with competitors, and other risks detailed from time
to time in the company’s most recent filings with the Securities and Exchange
Commission. These forward-looking statements speak only as of the date hereof.
The company disclaims any intent or obligation to update these forward-looking
statements.
Contact
Information:
Helen
Brown
Investor
Relations
ZBB
Energy Corporation
T:
262.253.9800
Email:
hbrown@zbbenergy.com