Beacon Power to Present At Banc of America Energy and Power Conference; Company to Webcast Presentation and Panel Live Over the Internet.Business/Technology Editors & Energy Writers WILMINGTON, Mass.--(BUSINESS WIRE)--June 13, 2002 Beacon Power Corporation, (Nasdaq: BCON BCON Broadcast Cross Connect (AT&T) ) a developmental-stage manufacturer of 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 provide highly reliable, high-quality uninterruptible electric power, will present at the Banc of America Power and Energy Conference in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. at 2:00pm on Wednesday, June 19, 2002. The conference will be held at the The Palace Hotel, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New York. Bill Capp, Beacon Power's 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. will be making the presentation and participating in an Energy Storage Panel. Bill Capp and CFO See Chief Financial Officer. Jim Spiezio will be available for one-on-one meetings following the presentation. Conference attendance is by invitation only, however, Beacon Power's presentation will be Webcast live over the Internet. Investors interested in listening to the Webcast should log onto the "Investor Relations Investor relations The process by which the corporation communicates with its investors. " section of Beacon Power's Web site, located at www.beaconpower.com, at least 15 minutes prior to the event's broadcast. Then, follow the instructions provided to assure that the necessary audio applications are downloaded and installed. These programs can be obtained at no charge to the user. For those unable to listen to the live broadcast, a replay will be available for one week by accessing the address above. About Beacon Power Corporation Beacon Power Corporation designs, manufactures, and markets advanced flywheel technology products that provide reliable electric power required by the information economy. Beacon Power Corporation is the only company to have developed a flywheel made from proprietary composite materials that can store and deliver the energy needed for long-duration backup of remote communications sites. Beacon Power Corporation is initially targeting the power quality and reliability market with products that offer significant advantages over environmentally hazardous lead-acid battery back-up power systems, including higher reliability, longer life, reduced maintenance, quicker recharging, remote monitoring and environmental friendliness. For more information, please contact Tom Nealon, Director of Investor Relations at Beacon Power Corporation, tel. 978.661.2033; fax 978.694.9194; email nealon@beaconpower.com; or send mail to 234 Ballardvale Street, Wilmington, MA 01887. Visit Beacon Power on the Internet at www.beaconpower.com. |
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