Active Power Announces Filing of Registration Statement for Initial Public Offering.

Business Editors

AUSTIN, Texas--(BUSINESS WIRE)--May 12, 2000

Active Power, Inc. today announced that it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of its common stock.

The amount of the offering is up to $100 million, including the underwriters' over-allotment option. The number of shares to be offered has not yet been determined.

Active Power, headquartered in Austin, designs, manufactures and markets power quality products that provide consistent, reliable electric power required by today's digital economy.

Goldman, Sachs & Co. is the lead manager of the initial public offering. Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co., Morgan Stanley

To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:

Dean G. Witter (businessman, Co-founder of Dean Witter & Company)
Dean Witter Reynolds (brokerage firm, now known as Morgan Stanley)

and CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. are co-managers. Any offers will be made only by means of a prospectus, written copies of which may be obtained, when available, by contacting Goldman, Sachs & Co., 85 Broad Street, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York 10004.

A registration statement relating to relating to relate prep → concernant

relating to relate prep → bezüglich +gen, mit Bezug auf +acc these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

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Publication:	Business Wire
Geographic Code:	1USA
Date:	May 12, 2000
Words:	240
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