Flux Power Holdings Inc.

01/18/2022 | Press release | Distributed by Public on 01/18/2022 14:40

Flux Power Holdings (Nasdaq: FLUX) Featured on Power Systems Design’s PSDcast

Ron Dutt, CEO of Flux Power, Discusses the Importance of Thermal Management for Lithium-Ion Batteries and How the Company's Proprietary Battery Management System Helps Achieve Optimal Performance

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About Flux Power Holdings, Inc.

Flux Power Holdings (NASDAQ: FLUX), based in Vista, California, designs and manufactures sustainable advanced lithium-ion energy storage solutions for material handling and industrial equipment. The Company has deployed over 10,000 batteries throughout North America for its customers, including large Fortune 500 fleets, for use in lift trucks, airport ground support equipment (GSE), solar energy storage and other commercial applications. Its lithium-ion battery packs are maintenance free and include a proprietary battery management system (BMS) and telemetry. Flux Power's lithium-ion battery alternative to traditional lead acid and propane-based solutions are better performing with improved uptime and a lower cost of ownership and operation. Lithium-ion battery packs reduce environmental impacts and CO2 emissions and increase 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

Contacts

Media & Investor Relations:
Justin Forbes
877-505-3589

[email protected]

External Investor Relations:
Chris Tyson, Executive Vice President
MZ Group - MZ North America
949-491-8235

[email protected]
www.mzgroup.us