Beacon Power to Unveil New 6 kWh Flywheel At Denver Tradeshow; 'OSP EXPO 2001' Targets Telecommunications Network Professionals.Business/Technology Editors WILMINGTON, Mass.--(BUSINESS WIRE)--Nov. 1, 2001 Beacon Power Corporation (Nasdaq: BCON BCON Broadcast Cross Connect (AT&T) ), a leading 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, today announced that it will unveil its new 6 kWh flywheel at OSP (Online Service Provider) See online service. OSP - Optical Signal Processor EXPO 2001, on November 6-7, 2001. This exposition will be held at the Colorado Convention Center The Colorado Convention Center is a multi-purpose convention center in downtown Denver, Colorado which recently underwent a major expansion. The expansion added 600,000 sq. feet of space and a 5,200 seat concert hall. The total area of the convention center is 1.2 million sq. feet. in Denver, Colorado. More than 250 products and services that impact infrastructure technologies will be exhibited. "Key decision makers in our primary markets will be in attendance at OSP EXPO 2001," said Beacon Power President and Chief Executive Officer William E. Stanton. "We will be unveiling our BHE-6 flywheel, which provides twice as much power and three times as much energy as our existing BHE-2 flywheel. We have already lined-up several installations for the fourth quarter and are actively pursuing other opportunities. We look forward to discussing additional flywheel applications and solutions with many of the telecommunications professionals attending OSP EXPO 2001." Beacon Power will be exhibiting in booth 964. 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 (1) Communicating via long distances. (2) See remote control software. sites. Beacon Power Corporation is initially targeting this $4 billion communications segment of the $12 billion power quality and reliability market with products that offer significant advantages over environmentally hazardous Environmentally hazardous is a chemical hazard, where significant damage to the environment is caused by a chemical substance. It is defined in the Globally Harmonized System and in the European Union chemical regulations. 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 Investor relations The process by which the corporation communicates with its investors. at Beacon Power Corporation, 978.694.9121; fax 978.694.9127; email nealon@beaconpower.com; or write to 234 Ballardvale Street, Wilmington, MA 01887. Visit Beacon Power on the Internet at www.beaconpower.com |
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