Active Power Named Finalist in Eighth Annual Greater Austin Business Awards.Austin Chamber of Commerce Recognizes Company for Innovative Technology AUSTIN, Texas -- 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. systems 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 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) ), today announced it was named a finalist for the Eighth Annual Greater Austin Business Awards hosted by the Austin Chamber of Commerce. Active Power is one of three finalists in the program's Innovation category for large companies defined as having 151 or more employees. The company was recognized for its energy efficient, reliable and green flywheel based UPS (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 and how the technology continues to help its customers reduce their impact on the environment. "These finalists represent local companies who have set the bar high and consistently put in place meaningful change to enhance Austin and the surrounding community," said Joe Holt holt n. Archaic A wood or grove; a copse. [Middle English, from Old English.] holt Noun the lair of an otter [from , 2008 Chair Austin Chamber of Commerce and Chairman, JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. Austin. "Coming up with an innovative way to effectively address customer power needs isn't easy, but Active Power has achieved this in an innovative and progressive way that clients and customers can depend on." Category finalists were chosen by a selection committee based on an organization's demonstration of innovation including the integration of innovation into the daily work environment; innovation through the implementation of new technology; and adversities the company has experienced within the last year and how these obstacles were overcome. Winners will be announced during an awards ceremony on Wednesday, Aug. 27, at the Hilton Austin. "We are honored to be selected as a finalist for the Greater Austin Business Awards," 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. at Active Power. "As more and more companies consider deploying innovative green technologies, some are hesitant hes·i·tant adj. Inclined or tending to hesitate. hes  i·tant·ly adv. as they believe going
green comes with a premium. This isn't the case with Active Power.
Because of its high energy efficiency, our product offering lowers
energy costs which directly impact the customer's bottom line. As a
result, this lowers total cost of ownership over the life of the system
all while reducing CO2 emissions."
About Active Power Active Power (NASDAQ: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (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 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. |
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