Active Power Ships Five Megawatts of CleanSource DC Systems; CleanSource DC Shipments in First Seven Weeks of Q2 Equal to 2004 Total.AUSTIN, 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) ), a leading manufacturer of battery-free power quality products, has shipped approximately five megawatts of its CleanSource(R) DC energy storage systems so far during its second fiscal quarter. Demand for the 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 that replace 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) installations has been strong throughout 2005, as further evidenced by the three-plus megawatts shipped in the first quarter of the year. In 2005, CleanSource DC products have been shipped to a large energy company in the Midwest, a bank in South Korea, a broadcast facility in Japan, several medical facilities and two U.S. government agencies. CleanSource(R) DC flywheel energy storage systems have been commercially available since 1998 and have over 600 years of field-proven reliability and runtime at customer installations around the world. The reliability of the CleanSource DC systems installed to date has been measured at more than 10 times that of valve regulated lead-acid (VRLA VRLA Valve Regulated Lead Acid (battery) ) batteries, which have historically been the leading point of failure in UPS installations. "We believe that the high reliability of CleanSource DC is a primary driver of end-user demand," stated 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, Inc. "Customers now realize that the batteries they purchased in 1999 and 2000 are failing in ever increasing numbers and they want a reliable solution that will last as long as their critical power equipment. CleanSource DC is a good choice relative to batteries in mission critical applications because it is much more reliable, less costly to operate, non-toxic, requires less than 25% of the space and can withstand many thousands of discharge cycles during its operational life." 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 system 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. : 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. 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, Active Power and our Active Power logo are registered trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies. |
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