Eguana Announces Extension of $1.5 Million Standby Equity Commitment

Eguana Technologies Inc. (TSX VENTURE:EGT) ("Eguana" or the Company"), a leading
supplier of high performance power conversion and control systems for "smart
grid" and "micro-grid" energy storage applications, announced today that Doughty
Hanson Technology Ventures (Doughty Hanson) has agreed to extend its previously
announced $1.5 million Standby Equity Commitment (News Release dated May 20,
2013) to May 1, 2018, subject to an annual performance review by Doughty Hanson.
In exchange, the Company has extended the term of common share purchase warrants
in respect of 3,529,411 common shares exercisable at a price of $0.17 per share
until May 1, 2018, or earlier, under certain circumstances. The TSX Venture
Exchange has approved the extension of the common share purchase warrants.


The Company also announced that, subject to TSX Venture Exchange approval, it
will retain The Liquidity Group, Inc. ("TLG") to provide market-making services
to assist in maintaining an orderly trading market for the common shares of the
company. The market-making activity will be conducted using a registered broker
in compliance with Policy 3.4 of the TSX Venture Exchange Corporate Finance
Manual, IIROC's "Universal Market Integrity Rules & Policies (2010)" and other
relevant policies. 


Under the terms of the agreement, which will have effect from the date of
regulatory approval, and which his terminable on 30 days notice, TLG will
receive compensation of $4,000 per month following a trial period. TLG will not
receive shares or options as compensation and both parties confirm that capital
for the purposes of market-making will not be provided from Eguana's treasury.
Eguana and TLG are unrelated and unaffiliated entities. 


About EGUANA TECHNOLOGIES INC.

Headquartered in Calgary, Alberta, Canada, Eguana designs and manufactures
intelligent high performance low-voltage power electronics platforms for
distributed smart grid and energy storage applications. Eguana's software
configurable platform enables energy storage systems to optimize the lower cost,
modularity, and safety advantages of low voltage advanced battery technologies
at a much lower cost, and with greater design flexibility than is possible with
conventional power electronics solutions. 


To learn more, visit www.EguanaTech.com or follow us on Twitter,
https://twitter.com/EguanaTech.


Forward-Looking Information

The reader is advised that some of the information herein may constitute
forward-looking statements within the meaning assigned by National Instruments
51-102 and other relevant securities legislation. In particular, we include:
statements concerning the features of our energy storage power conversion
platform and its value for non-utility scale energy storage systems and
developers of those systems, and statements concerning the size of the market
for power electronics for residential and commercial non-utility scale energy
storage systems. 


Forward-looking information is not a guarantee of future performance and
involves a number of risks and uncertainties. Many factors could cause the
Company's actual results, performance or achievements, or future events or
developments, to differ materially from those expressed or implied by the
forward-looking information. Readers are cautioned not to place undue reliance
on forward-looking information, which speaks only as of the date hereof. Readers
are also directed to the Risk Factors section of the Company's current Annual
Information Form which may be found on its website or at sedar.com The Company
does not undertake any obligation to release publicly any revisions to
forward-looking information contained herein to reflect events or circumstances
that occur after the date hereof or to reflect the occurrence of unanticipated
events, except as may be required under applicable securities laws.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Eguana Technologies Inc.
Michael Carten
CEO
+1.403.508.7177 ext 111
[e-mail]
www.EguanaTech.com