Active Power Announces Second Generation Flywheel Energy Storage System; First Shipment to Support Visa's New Data Processing Center.Business Editors & High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--Sept. 11, 2001 Active Power, Inc. (Nasdaq:ACPW ACPW Asymmetrical Coplanar Waveguide ACPW Advisory Committee of the Purity of Water (Australia) ), of Austin TX, a developer and manufacturer of battery-free power quality solutions, today announced initial shipments of its next generation CleanSource DC product -- CleanSource2. An initial shipment to Invensys Powerware Division, through a newly strengthened agreement, will support Visa's newest data center in Denver, CO. The new CleanSource2 dramatically reduces space requirements, temperature restrictions, battery maintenance and replacement costs while improving UPS system reliability and operational integrity. With over 1,000,000 hours of reliable field operation in a variety of customer applications, CleanSource(R) technology has become a recognized and accepted alternative to lead-acid batteries. "Typically, 10-year batteries are replaced every 5 years to ensure operational availability of Visa's data center systems and facilities equipment," said Mike Siegele, Facilities Engineer, Visa USA. "With CleanSource2, we plan to increase the life of our existing battery-strings and operational expand their integrity by 40%." "CleanSource2 builds on Active Power's proven flywheel technology that has demonstrated high reliability over the past 4 years. Faster recharge re·charge tr.v. re·charged, re·charg·ing, re·charg·es To charge again, especially to reenergize a storage battery. re , enhanced serviceability (system) serviceability - The ease with which corrective maintenance or preventative maintenance can be performed on a system (e.g. by a hardware service technician). Higher serviceability improves availability and reduces service cost. Serviceability is one component of RAS. , and reduced part count for improved reliability are just a few of the improvements we have made with this new CleanSource DC system," said Joe Pinkerton, 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 founder of Active Power. "We're delighted that our products have exceeded industry expectations and are endorsed by leading power quality consultants who are aware of the industry's reliance on problematic lead-acid batteries." Compatibility testing Compatibility testing, part of software non-functional tests, is testing conducted on the application to evaluate the application's compatibility with the computing environment. has been completed on major brands of 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. systems with deliveries to 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 partners beginning this month. CleanSource2 was officially launched at the POWERSYSTEMS WORLD 2001 Conference & Exhibit - Rosemont, IL. where a CleanSource2 cut-away unit is displayed with the flywheel spinning. Active Power Background: Active Power, Inc. (www.activepower.com) designs, manufactures and markets battery-free power quality products that provide the consistent, reliable electric power required by today's digital economy. Active Power is the first company to commercialize 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. systems and currently markets two products integrated with CleanSource(R) technology: CleanSource DC and Cat UPS. About Invensys Powerware: Invensys Powerware Division is a US$2.6 billion global leader in the power solutions industry. Offering the broadest range of product and services available today, Invensys Powerware brands integrate a full line of AC and DC power systems, power conversion products, standby batteries, telephone line surge suppression The diverting and/or diminishing of excessive current and voltage from the AC power line, which can damage sensitive electronic equipment. Power surges generally last less than 50 microseconds, but can reach as much as 6,000 volts and draw 3,000 amps when they arrive at the equipment. , power management software, remote monitoring (protocol) remote monitoring - (RMON) A network management protocol that allows network information to be gathered at a single computer. Whereas SNMP gathers network data from a single type of Management Information Base (MIB), RMON 1 defines nine additional MIBs that provide a , turnkey integration services and site support, providing a seamless solution. Powerware systems and services increase enterprise-wide systems availability and are utilized in local and wide area networking, data and voice over IP, colocation facilities, fixed-line and wireless communication networks, and industrial manufacturing. Invensys Powerware Division is headquartered in Raleigh, NC, and is part of Invensys plc, a global leader in the Automation and Controls industry headquartered in London, England. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision 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. CleanSource is a trademark of Active Power, Inc. All other trademarks are the properties of their respective companies. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion