TORONTO, April 18, 2019 (GLOBE NEWSWIRE) -- Clear Blue Technologies International Inc. (“Clear Blue” or “the Company”) (TSXV:CBLU) today announced its collaboration with Pullman SST, Inc. to illuminate the top level of a 1,400 space parking garage in Hicksville, New York, for the Town of Oyster Bay, using Clear Blue’s Illumient Smart Off-Grid lighting systems.

In total, 20 Illumient lighting systems were installed on the roof during a refurbishment of the parking garage, replacing lights that were connected to the grid.  Replacing the old conduit wiring for the grid-connected lights would have required drilling through the cement structure of the parking garage.  Not only is this costly, but it could have compromised the structural integrity of the garage. Installing Clear Blue’s wirelessly-powered and remotely managed lighting systems eliminated this requirement to replace the wiring, while not compromising on durability, reliability or aesthetics.

Oyster Bay Town Supervisor Joseph Saladino stated, “The Town of Oyster Bay has become a local leader in renewable energy initiatives.  The use of solar panels on the Hicksville Commuter Parking Garage will allow taxpayers to save money annually while properly lighting this facility with the latest technology on the market.  From solar panels on the garage to the use of LED streetlights and same-day solar permits for homeowners, Oyster Bay is paving the way for a brighter future.”

Illumient Smart Off-Grid solar lighting systems connect wirelessly to the Internet, sending real-time information to Clear Blue Technologies’ cloud-based software, Illumience.  This enables remote control, monitoring, and management of the lighting systems, ensuring high reliability and low maintenance costs.  Illumience also allows service personnel to optimize lighting profiles, such as dimming the lights during periods of prolonged bad weather to preserve battery power, and also includes automated monitoring and alerts.

“We are thrilled that our Illumient lighting helped the Town of Oyster Bay find a cost-effective solution to lighting the parking garage,” said Miriam Tuerk, CEO and co-founder of Clear Blue. “Grid infrastructure is notoriously expensive to install and maintain, which is why we recognized the need for a reliable and affordable alternative. We believe wireless power will replace traditional grid electricity in North America in the next decade as old infrastructure wears out.”

According to a recent report by Wood MacKenzie, 71% of new electric connections will be off-grid or mini-grid by 2030.1 Solar street lighting will account for some of this, and according to Transparency Market Research, global market size is projected to reach $17.78 billion (USD) in revenue by 2024, a CAGR of 23.23% from 2016 to 2024.2

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 35 countries, including the U.S. and Canada. Clear Blue is publicly traded on the Toronto Venture Exchange under the symbol CBLU.

Legal Disclaimers

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act“) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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:

Becky Nye
Senior Associate
Montieth & Company
155 E 44th St., New York, NY 10017
bnye@montiethco.com
+1 646.864.3517

Investor Relations:

Miriam Tuerk
Co-Founder and CEO
+1 (855) 733-0119 x200
investors@clearbluetechnologies.com
http://www.clearbluetechnologies.com/en/investors

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1 https://www.woodmac.com/news/editorial/growing-offgrid-energy-access-sector/

2 https://www.transparencymarketresearch.com/pressrelease/solar-street-lighting-market.htm

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/488aaaea-d127-4a99-a685-6b6969c97b78