Company's cobalt-free, lithium-ion energy storage solution deemed top Energy Industry Innovation of the Year

OJAI, Calif., May 4, 2016 /PRNewswire/ -- SimpliPhi Power was named the winner of a Gold Stevie® Award in the Energy Industry Innovation of the Year category for The 14th Annual American Business Awards. SimpliPhi's new High-Output Battery was recognized by the Stevie Award committee along with the company's evolution beyond the entertainment industry, leveraging its proprietary platform technology to provide its energy storage solutions to residential, commercial, military, emergency response and mobile markets. This award comes on the heels of SimpliPhi winning the Silver Edison Award for Energy & Sustainability in late April.

"We are honored to be recognized for our non-toxic, efficient lithium ferrous phosphate High-Output battery as well as our company's growth in 2015. Last year we made key additions to our leadership team and expanded into European and Asia Pacific markets. We also rebranded the company to more effectively articulate the value of our power storage solutions for consumers, capturing in our name what our technology does: SimpliPhi access to power," said SimpliPhi CEO Catherine Von Burg. "SimpliPhi excels at safe, non-toxic energy storage solutions in a wide variety of applications, and this honor is shared with the entire SimpliPhi team. Especially our founder and CTO Stuart Lennox, who innovated a portfolio of energy storage products that introduced a whole new model of access to power that went beyond the limits of transmission lines. These products also optimize any power generation source to facilitate the transition to a renewable energy economy and provide non-toxic, efficient and robust access to power, anytime, anywhere."

The SimpliPhi High-Output Battery, launched to the market in 2015, was designed to address the Marine Corps requirements for a high-output battery that could provide a sustained peak power output of 10 to 15 minutes without any risk of overheating, thermal runaway, fire or shutting down, as well as longer duration base power delivery over 20 or more hours. The High-Output Battery can also be used in commercial markets to save money on costly utility demand charges and for longer durations in off-grid or blackout scenarios. The battery architecture creates minimal electrical impedance, so SimpliPhi's batteries do not have a thermal profile that requires temperature management or cooling, and have never suffered dangerous thermal runaway or fires. Such sophisticated design allows for one unit to provide both peak and long duration power, while also being modular, scaleable, non-toxic and safe.

The American Business Awards are the nation's premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations - public and private, for-profit and non-profit, large and small. Nicknamed the Stevies for the Greek word meaning "crowned," the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Monday, June 20. Tickets are now on sale.

More than 3,400 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories, and over 250 professionals worldwide participated in the judging process to select this year's Stevie Award winners.

"The judges were extremely impressed with the quality of entries we received this year. The competition was intense and every organization that has won should be proud," said Michael Gallagher, president and founder of the Stevie Awards.

Details about The American Business Awards and the list of 2016 Stevie winners are available at www.StevieAwards.com/ABA.

About SimpliPhi Power

SimpliPhi Power designs and manufactures award-winning clean energy storage and management systems that utilize lithium ferrous phosphate chemistry. Founded in 2002 as LibertyPak/Optimized Energy Storage, California-based SimpliPhi combines non-toxic lithium ferrous phosphate chemistry with proprietary cell and battery architecture to create the most safe, reliable, durable and scalable on-demand power solutions available for the residential, commercial, military and film industries. Integral to all SimpliPhi solutions is a management system that further optimizes the lifetime performance and durability of its batteries. SimpliPhi Power storage system components are UL certified, and have been rigorously tested and deployed by the U.S. Army and Marine Corps. For more information, please visit SimpliPhipower.com and follow us on Twitter @SimpliPhiPower or on Facebook and LinkedIn.

About the Stevie Awards

Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 entries each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.