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) a developmental-stage manufacturer of flywheel energy storage 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 at 2:00pm on Wednesday, June 19, 2002. The conference will be held at the The Palace Hotel, New York, New York. Bill Capp, Beacon Power's president and CEO will be making the presentation and participating in an Energy Storage Panel. Bill Capp and CFO 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" 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. [phone]; fax [phone]; email [e-mail]; or send mail to 234 Ballardvale Street, Wilmington, MA 01887. Visit Beacon Power on the Internet at www.beaconpower.com.