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Founded in 2023, the Advanced Energy Council was established to represent the companies that produce, implement, and support advanced energy technologies and accessories. The group was formed with the intention of being inclusive of current and future motive energy storage technologies. Value Proposition: Educate, the market, colleagues, standardization for the customer (end user), transparency and trust, share, research (market research, market size, point of use) Center of excellence and expertise - resource for the best knowledge Collective voice of the members to promote innovative energy solutions Membership Types: Manufacturers of Batteries Manufacturers of Chargers and Accessories Equipment OEM's (examples: AMRs/AGVs, Forklifts, Drones, Carts, and Aerial Equipment) Suppliers to Battery Industry Consultants Service Companies Academics Mission: To uplift and promote the safe use and adoption of advanced energy technologies in motive material handling applications. Vision: Advancing sustainable motive material handling energy solutions.
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VISTA, Calif. – March 12, 2025 – Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on March 20, 2025, at 4:30 p.m. Eastern Time to discuss its results for the fiscal first and second quarters ended September 30, 2024, and December 31, 2024, respectively. A press release detailing these results will be issued prior to the call.Flux Power Senior Advisor and former CEO Ron Dutt to provide business updates, current CEO Krishna Vanka will speak to his background and vision for the Company, CFO Kevin Royal will provide a review of the fiscal first and second quarters, and CRO Kelly Frey will provide an update on new customers and customer acquisition initiatives. The conference call will be followed by a question-and-answer session and accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company’s website here.To access the call, please use the following information:Date: March 20, 2025Time: 4:30 p.m. Eastern Time, 1:30 p.m. Pacific TimeToll-free dial-in number: 1-877-407-4018International dial-in number: 1-201-689-8471Conference ID: 13751845Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact MZ Group at 1-949-491-8235.The conference call will be broadcast live and available for replay at viavid.webcasts.com/starthere.jsp?ei=1708568&tp_key=02a5eca95e and via the investor relations section of the Company's website here.A replay of the webcast will be available after 7:30 p.m. Eastern Time through June 20, 2025.Toll-free replay number: 1-844-512-2921International replay number: 1-412-317-6671Replay ID: 13751845About Flux Power Holdings, Inc.Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com.ContactFlux Powermedia@fluxpower.cominfo@fluxpower.com–Chris Tyson, Executive Vice PresidentMZ Group - MZ North America949-491-8235FLUX@mzgroup.uswww.mzgroup.us
VISTA, Calif. – September 5, 2024 – Flux Power Holdings, Inc. (NASDAQ:FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment today announced that it has identified $1.7 million of excess and obsolete inventory primarily related to product innovation and design of our products during a period of rapid growth over the last several years. As a result, the Company will restate previously issued financial statements for fiscal year 2023 and the interim periods of fiscal year 2024. The inventory write-down is a non-cash charge and will not impact cashflow. However, as a part of the restatement process, the Company may include additional adjustments other than inventory that may be identified during its review. The Company also expects that its $16 million revolving credit facility with its financing partner Gibraltar Business Capital remains available subject to meeting certain lending criteria under the Loan Agreement. “Flux Power, with the leadership of our new CFO Kevin Royal, is taking all appropriate measures to rectify the inventory accounting issues related to our transition to more advanced energy cells, including implementing enhanced procedures and quality checks to mitigate the possibility of it recurring,” said Ron Dutt, CEO of Flux Power. “We believe that these findings will not impact the strength of the business, our access to capital through our financing partner or the Company’s positive outlook for our future – which will be fueled by continued innovation, maintaining a disciplined cost structure and driving organic growth.” The Company intends to restate its financial statements for the periods noted above as soon as practicable. Additional information related to the restatements is available in the Company’s Form 8-K filed with the Securities and Exchange Commission today. About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com. Contact info@fluxpower.com
VISTA, Calif. — (BUSINESS WIRE) — Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that they will unveil its new onboard charger option for M24 lithium-ion battery packs installed in Class III end rider and center rider forklifts, bringing more efficiency to warehouse operations. Flux Power CEO Ron Dutt commented, "Onboard integrated charging with the M24 battery pack for end riders and center riders will be a game changer for operations. Any forklift operator will be able to plug the battery pack into any outlet, anywhere in the warehouse, instead of returning the rider pallet jack back to the charging station. The introduction of this flexible, efficient charging solution is yet another example our solid track record of introducing new technologies and reliably satisfying our customers.” Flux Power will showcase its complete product line at Booth C4085 in Hall C. If you would like to schedule a one-on-one meeting or media interview with Flux Power CEO Ron Dutt Monday, March 11 or Tuesday, March 12 between the hours of 1:00pm-4:00pm ET, please make your request to media@fluxpower.com. About MODEX 2024 MODEX is one of the largest manufacturing and supply chain events for the year. From education to new technology, MODEX allows attendees to connect, learn, and meet with new contacts and discover the latest trends in the industry. For more information visit www.modexshow.com. View Flux Power's profile here. About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com or contact info@fluxpower.com. Contact Justin Forbes Director of Business Development jforbes@fluxpower.com
VISTA, Calif.—(BUSINESS WIRE)—Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that they will unveil its new second-generation lithium-ion battery pack for Class II narrow aisle forklifts and Class I 4-wheel counterbalance forklifts at MODEX 2024 in Hall C Booth C4085 at Georgia’s World Congress Center March 11-14. The new modularly designed M36-G2 lithium-ion solution will help complete the full product line of the new G2-Series of battery packs. The innovative M36-G2 will offer 630 Ah and 840 Ah capacity options to bring more power and longer run times to warehouse operations employing Class II narrow aisle forklifts. Flux Power will also showcase the new innovative X48-G2 lithium-ion battery pack for end rider and center rider forklifts. The X48-G2 will offer 630 Ah and 840 Ah capacity options for operations that rely on Class I 4-wheel counterbalance forklifts to withstand long, enduring shifts. ”The second-generation lithium-ion solutions will help companies solve a variety of existing performance challenges within their operations,” said Jim Rooney, VP of Engineering at Flux Power. “From wanting more energy efficiency to wanting power that will last multiple shifts, the M36-G2 and X48-G2 will be able to optimize any operation.” Flux Power will showcase its complete product line at Booth C4085 in Hall C. If you would like to schedule a one-on-one meeting or media interview with Flux Power CEO Ron Dutt Monday, March 11 or Tuesday, March 12 between the hours of 1:00pm-4:00pm ET, please make your request to media@fluxpower.com. About MODEX 2024 MODEX is one of the largest manufacturing and supply chain events for the year. From education to new technology, MODEX allows attendees to connect, learn, and meet with new contacts and discover the latest trends in the industry. For more information visit www.modexshow.com. About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com. Contact Justin Forbes Director of Business Development jforbes@fluxpower.com
VISTA, Calif. -- September 8, 2022 -- Flux Power Holdings, Inc. (NASDAQ: FLUX), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, will hold a conference call on Thursday, September 22, 2022 at 4:30 p.m. Eastern Time to discuss its results for the fiscal fourth quarter and full year ended June 30, 2022. A press release detailing these results will be issued prior to the call. Flux Power CEO Ron Dutt and CFO Chuck Scheiwe will host the conference call, followed by a question-and-answer session. The conference call will be accompanied by a presentation, which can be viewed during the webcast or accessed via the investor relations section of the Company’s website here. To access the call, please use the following information: Date: Thursday, September 22, 2022 Time: 4:30 p.m. Eastern Time, 1:30 p.m. Pacific Time Toll-free dial-in number: 1-877-407-4018 International dial-in number: 1-201-689-8471 Conference ID: 13732630 Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact MZ Group at 1-949-491-8235. The conference call will be broadcast live and available for replay at https://viavid.webcasts.com/starthere.jsp?ei=1567702&tp_key=84c06cde95 and via the investor relations section of the Company's website here. A replay of the webcast will be available after 7:30 p.m. Eastern Time through December 22, 2022. Toll-free replay number: 1-844-512-2921 International replay number: 1-412-317-6671 Replay ID: 13732630 About Flux Power Holdings, Inc. Flux Power (NASDAQ: FLUX) designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power’s lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com. Forward-Looking Statements This release contains projections and other "forward-looking statements" relating to Flux Power’s business, that are often identified using "believes," "expects" or similar expressions. Forward-looking statements involve several estimates, assumptions, risks, and other uncertainties that may cause actual results to be materially different from those anticipated, believed, estimated, expected, etc. Such forward-looking statements include impact of COVID-19 on Flux Power’s business, results and financial condition; Flux Power’s ability to obtain raw materials and other supplies for its products at competitive prices and on a timely basis, particularly in light of the potential impact of the COVID-19 pandemic on its suppliers and supply chain; the development and success of new products, projected sales, deferral of shipments, Flux Power’s ability to fulfill backlog orders or realize profit from the contracts reflected in backlog sale; Flux Power’s ability to fulfill backlog orders due to changes in orders reflected in backlog sales, Flux Power’s ability to timely obtain UL Listing for its products, Flux Power’s ability to fund its operations, distribution partnerships and business opportunities and the uncertainties of customer acceptance and purchase of current and new products. Actual results could differ from those projected due to numerous factors and uncertainties. Although Flux Power believes that the expectations, opinions, projections, and comments reflected in these forward-looking statements are reasonable, they can give no assurance that such statements will prove to be correct, and that the Flux Power’s actual results of operations, financial condition and performance will not differ materially from the results of operations, financial condition and performance reflected or implied by these forward-looking statements. Undue reliance should not be placed on the forward-looking statements and Investors should refer to the risk factors outlined in our Form 10-K, 10-Q and other reports filed with the SEC and available at www.sec.gov/edgar. These forward-looking statements are made as of the date of this news release, and Flux Power assumes no obligation to update these statements or the reasons why actual results could differ from those projected. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News: Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power Contact Media & Investor Relations: info@fluxpower.com External Investor Relations: Chris Tyson, Executive Vice President MZ Group - MZ North America 949-491-8235 FLUX@mzgroup.us www.mzgroup.us