Headquartered in Vancouver, B.C. Canada, VRB Power Systems Inc. is an electrochemical energy storage company that is commercializing the patented Vanadium Redox Battery Energy Storage System ("VRB-ESS") and has acquired the intellectual property rights and assets to the Regenesys Energy Storage System ("RGN-ESS"). The VRB-ESS and RGN-ESS can effectively store large amounts of electricity on demand and provide direct economic benefits to utilities and end users in terms of improved power quality, reliability and energy efficiency. The VRB-ESS and RGN-ESS are particularly well suited to load leveling (peak shaving), electrical power arbitrage, grid stability enhancements, capital deferment and Remote Area Power Supply (RAPS) applications. They are focused on stationary power sources such as utility substations, commercial buildings, production facilities, telecommunication operations, cellular radio sites, and renewable resource generation such as wind farms and solar applications - creating the ability to provide "firm" capacity.