Energy Storage Systems Inc. ("CellCube" or the "Company") (CSE: CUBE) (OTCQB: CECBF) (Frankfurt: 01X) is pleased to announce that it has now received the amount of $1,670,000 from certain transactional fees from the Austrian government (Please refer to press release dated August 2, 2018).

This refund, coupled with the recently announced $2 million private placement (news release on August 3, 2018), will ensure smooth operational financing and transition into 2019 as we expect revenue to ramp up in Q3/Q4 of this year and into the following years.

CellCube Energy Storage Systems | www.cellcubeenergystorage.com