Active Power's OEM Channel Increases Sales Volume, Grows Momentum in Critical UPS Market.200 Percent Increase Over Previous Three Months AUSTIN, Texas -- Active Power (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ACPW ACPW Asymmetrical Coplanar Waveguide ACPW Advisory Committee of the Purity of Water (Australia) ), inventor and manufacturer of the most energy-efficient critical power systems in the world, announced today that its long standing OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partnership with Caterpillar Inc. (NYSE NYSE See: New York Stock Exchange : CAT) continues to yield solid results. Caterpillar has ordered more than 21 megawatts of critical backup power An additional power source that can be used in the event of power failure. See UPS and backup.  A Half Minute of Backup This roomful of lead acid batteries stands ready to drain itself entirely in less than a minute. during the past three months, representing a nearly 200 percent increase over the prior three month period. The systems have been ordered to support a variety of mission critical applications. "Our core product differentiators of energy efficiency, space savings, reliability, rugged design and environmental sensitivity are resonating in the marketplace and certainly for our OEM partners," said Jim Clishem, Active Power CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and president. "Caterpillar is a significant part of our distribution strategy and we are extremely pleased with their increasing momentum and commitment to critical power systems solution sales." "With more than 1,950 flywheels in systems deployed worldwide and more than 46 million hours of field run time, Active Power is an important force in delivering flywheel based UPS systems to market," said Farah Saaed, senior consultant, Energy and Power Systems at Frost and Sullivan. "Active Power holds the patent for integrated flywheel energy storage Flywheel Energy Storage (FES) works by accelerating a rotor (flywheel) to a very high speed and maintaining the energy in the system as rotational energy. The energy is converted back by slowing down the flywheel. and UPS. This design yields a number of competitive advantages over conventional UPS systems with batteries including space savings; higher power Higher power is a term used in a 12-step program, such as Alcoholics Anonymous, to describe "a power greater than yourself." Although many participants equate their higher power with God, a belief in God or in formal religion is not mandatory; the higher power is intended as a densities; and the highest energy efficiency rating available in the market today." About Active Power Active Power (NASDAQ: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply See UPS. (hardware) Uninterruptible Power Supply - (UPS) A battery powered power supply unit that is guaranteed to provide power to a computer in the event of interruptions in the incoming mains electrical power. (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power's flywheel-based UPS systems protect critical operations in data centers, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. Active Power also offers CoolAir, the only solution that provides both backup power and backup cooling. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit www.activepower.com. Cautionary Note Regarding Forward-Looking Statements This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. Please refer to Active Power filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ. Active Power, the Active Power logo, CleanSource and CoolAir are registered trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies. |
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