RedFlow Limited Provides Earnings Guidance for Fiscal 2012; Announces to Scale Back its Brisbane Operations

Redflow Limited is an Australia-based company, which offers solutions for energy storage. The Company designs and manufactures zinc-bromine flow batteries for stationary commercial, industrial and utility applications. Its batteries are useful for energy storage applications in a range of scenarios, from small commercial installations to multi-megawatt-hour storage applications. Its products include ZBM3 Battery, Energy Pod. Energy Pod is designed for scalable industrial, commercial, telecommunications and grid-scale applications. The Company's Battery Management System (BMS) is designed and developed to optimize the control and operation of its zinc-bromine flow batteries. BMS provides real time visibility of battery performance and connects with a cloud-based monitoring platform, to provide long term data analytics and system optimization capabilities. The Company offers its energy storage solutions at approximately 250 sites in over nine countries.