CALGARY, Alberta, March 02, 2020 (GLOBE NEWSWIRE) -- Eguana Technologies finalized the transition of its Enduro product line to contract manufacturing to support European growth and regional expansion including France, United Kingdom and Ireland, and the Scandinavian countries.

The Company will build on its first quarter success by completing its contract manufacturing transition of the Evolve circuit board package during fiscal Q2, furthering cost reduction opportunities through supply chain management and collaboration with its contract manufacturer, Jabil Circuit.

“Part of Jabil’s strength resides within its engineering specialties, particularly with respect to cost and manufacturing efficiency. Together we have begun outlining key areas of cost reduction opportunities from both supply chain and development processes and expect to see improvements in the spring/summer,” added Holland.

About Eguana Technologies Inc.

Based in Calgary, Alberta Canada, Eguana Technologies Inc. (EGT:TSX.V) (EGTYF) designs and manufactures high performance residential and commercial energy storage systems.

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