Active Power Finalizes Distribution Agreement with Fuji.Energy Editors/Business Editors AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas--(BUSINESS WIRE)--Aug. 28, 2003 Active Power, Inc. (Nasdaq:ACPW ACPW Asymmetrical Coplanar Waveguide ACPW Advisory Committee of the Purity of Water (Australia) ), a leading manufacturer of battery-free power quality products, announced the signing of a distribution agreement with Fuji Fuji (f  `jē), city (1990 pop. 222,490), Shizuoka prefecture, S central Honshu, Japan, on Suruga Bay. Electric of Japan. Under the agreement, Fuji will market and sell Active Power's CleanSource(R) DC products in Japan. The CleanSource DC energy storage system acts as a replacement or supplement to batteries in 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, and is available in several power ratings ranging from 100kW - 2000kW. An initial order for two CleanSource DC units (250 kW and 500 kW) was received upon completion of the agreement. "We are extremely pleased with the opportunity to sell Active Power's flywheel in the Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and market," stated Mr. Kenta Takahashi, General Manager of the Power Supply Systems Group for Fuji. "We are confident that Japanese users will welcome the technology. In fact, many Japanese users are already interested in the flywheel. The environmental friendliness and the low life-cycle costs of this technology will no doubt appeal to users." "Active Power is proud to be developing a relationship with a company of Fuji's caliber," said Joe Pinkerton, chairman and 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. of Active Power. "Our products are a great fit for the Japanese market where environmental and space considerations are key factors in a customer's buying decision. We look forward to a very successful alliance with Fuji." With over 300 installations worldwide and more than 6 million hours of field operation, Active Power's products are a proven alternative to problematic battery-based systems. In addition to the CleanSource DC products, the Active Power UPS product family is the broadest battery-free UPS line in the world, now ranging from 65 kVA to 3600 kVA. Recently recognized by Frost & Sullivan for its ability to satisfy customer needs with new and innovative products, Active Power continues to rapidly expand its product line to address the needs of new market segments and geographies. For more information visit www.activepower.com, e-mail sales@activepower.com or call 512-836-6464. About Active Power: 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. An ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001-registered company, Active Power is the first to commercialize a 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. system, CleanSource(R) that provides a highly reliable, low cost and non-toxic replacement for lead-acid batteries Noun 1. lead-acid battery - a battery with lead electrodes with dilute sulphuric acid as the electrolyte; each cell generates about 2 volts lead-acid accumulator used in conventional power quality installations. Cautionary Note Regarding Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : 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 and our Active Power logo, and CleanSource are registered trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies. |
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