Active Power Named 'One of Ten Alternative Energy Companies on the Rise' by EQUITIES Magazine.Company Highlighted for Consistently Increasing Revenue and Decreasing Net Losses 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 -- Active Power, Inc. (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 INVENTOR. One who invents or finds out something. 2. The patent laws of the United States authorize a patent to be issued to the original inventor; if the invention is suggested by another, he is not the inventor within the meaning of those laws; but in that and manufacturer of the most energy-efficient critical power systems in the world, today announced EQUITIES Magazine named the company one of 10 alternative energy businesses on the rise and an EQUITIES' "pick for 2008." Profit, product and the potential for success in 2008 were key criteria EQUITIES' editorial team used in selecting the 10 companies. The feature article appeared in the January January: see month. 2008 issue. "I listed Active Power as an alternative energy company worth watching in 2008 based on the company's innovative technology and the potential for the business to make some real gains this year," said Anthony Haddad, associate editor at EQUITIES. "Energy usage will continue to increase rapidly across many industries and the demand for green technology will likely increase even faster. With all of the right parts and pieces in place, Active Power is well positioned to continue its success in the power management market." Since announcing its growth strategy in early 2006, Active Power has: * Increased revenue by 34 percent in 2007. * Continued to move the business towards profitability and achieved the company's first-ever cash flow positive quarter from ongoing business activities in fourth quarter 2007. * Expanded its sales channel capability, growing direct sales to 68 percent of total revenues in 2007. * Opened new markets and increased sales in its EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. territories by 66 percent in 2007. * Grew its service business increasing service and spare revenues by 80 percent in 2007. * Won several industry awards for technology and product leadership in 2007. "We're excited to be highlighted among some very promising businesses in the alternative energy market by EQUITIES," said Jim Clishem, president 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. "This listing acknowledges the successful implementation of our strategy and comes on the heels of a very successful 2007. We intend to demonstrate Active Power can and will be a profitable, cash-generating business." Published by EQUITIES Global Communications, Inc., EQUITIES has served both retail and institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. since 1951 by examining industry trends, analyzing strategies and opportunities and profiling financial leaders and emerging public companies. Editorial focus has been expanded to include a wide range of issues that affect investors worldwide and its Web site provides real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. market information and a customizable portfolio-management interface. 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 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. 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 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. 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, CleanSource and CoolAir are registered trademarks of Active Power, Inc. The Active Power logo 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