ZAF Energy Systems’ New Chief Technology Officer, Kurt Salloux, Announces Breakthrough in Cycle Life Performance for Nickel Zinc Battery

Improved cycle life drives lower cost in the industrial battery sector

JOPLIN, Mo.–(BUSINESS WIRE)–ZAF Energy Systems Inc. (ZAF), a developer of next-generation battery
technology, has announced a technology breakthrough in their nickel-zinc
(NiZn) battery technology that extends cycle life and improves
reliability to disrupt the rapidly growing industrial battery market.
This announcement comes on the heels of Dr. Kurt Salloux joining ZAF’s
executive team as its new Chief Technology Officer.

Randy Moore, ZAF’s president and CEO, said, “Kurt’s industry knowledge
and technical expertise has changed the trajectory of our development
team. He has led the team on an innovative electrode design, which
resulted in the potential to double our projected cycle life. The
magnitude of this improvement is that it will allow nickel-zinc to
compete with lithium-ion without the safety hazards in many
applications.”

Kurt Salloux holds a Ph.D. in materials science/electrochemistry with
over 30 years of experience in science, engineering, research,
development and construction of advanced power and energy storage
systems. Dr. Salloux was a research manager for Hughes Space and
Communications working on the lithium-ion battery program for Hughes and
later Boeing’s next-generation satellite systems. Kurt was most recently
involved in building advanced power and monitoring control systems for
global telecommunication carriers.

“I initially joined ZAF as a technical advisor to conduct due diligence
on the NiZn technology for projects I was working on,” Kurt Salloux
said. “After working with the technology development team, I saw an
opportunity to introduce this innovative electrode process to drive
improved cycle life. We rapidly validated the performance and I saw an
opportunity to impact the telecommunication, data center and utility
markets with NiZn batteries. This led to the discussions with the
leadership team to join ZAF as the Chief Technology Officer. We are now
in the process of moving this innovative technology out of the lab and
into our Joplin production facility and expect to be delivering
batteries in Q3 to key customer projects.”

Randy Moore stated, “We continue to build a world-class team and we are
pleased that Kurt has brought his years of experience and industry
connections to the company. His background in telecommunications, data
centers, utility and microgrid/distributed power provides us a unique
opportunity to more effectively tailor our engineering and development
efforts into these key markets.”

ZAF’s NiZn batteries have direct uses in a wide range of applications
including: heavy trucking, remote telecommunication, data centers and
renewable energy. NiZn batteries are uniquely positioned to disrupt the
$50 billion + conventional lead-acid battery market and the rapidly
growing $30 billion lithium market.

About ZAF Energy Systems, Inc.

Incorporated in 2011 and with locations in northwestern Montana and
southwest Missouri, ZAF Energy Systems develops and commercializes
next-generation battery technologies that use sustainable, non-toxic
materials and can be safely and easily recycled. Its breakthrough
battery technologies include a nickel zinc (NiZn) chemistry and a zinc
air chemistry, both of which deliver the highest power and energy
density of any battery system in their class. ZAF’s rechargeable
batteries provide long-life and economical solutions in a safe package
for a variety of applications, including: electric vehicles, commercial
trucking, renewables integration, back-up power, consumer electronics,
mobility, and recreation vehicles. For more information, visit: www.zafsys.com.

Contacts

Genevieve Crane
1-512-215-4452
[email protected]

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