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Eguana Exercises Right to Acquire Limited Partnership Units

CALGARY, ALBERTA -- (Marketwired) -- 01/31/14 -- Eguana Technologies Inc. (TSX VENTURE: EGT) ("Eguana") announces that it has exercised its previously-announced right to acquire all 1,200.5 limited partnership units (the "Units") in EGT Markets Limited Partnership issued on December 3 and 10, 2013 in exchange for 2,667,778 Common Shares of Eguana. Please see Eguana's news releases dated December 5 and 19, 2013 regarding the issuance of the Units. The Common Shares issued in exchange for the Units are subject to four month hold periods, which expire on April 4 and 11, 2014, as applicable.

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.

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.

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