Reliable Power Systems Announces $1.4 Million Purchase Order With a Multinational Telecommunications Equipment Company.Business Editors DENVER--(BUSINESS WIRE)--Sept. 10, 2001 Reliable Power Systems (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :RPSI RPSI Railway Preservation Society of Ireland RPSI Rheinland Pfalz Saar International (horse breed) ) today announced they have received a purchase order for approximately $1.4 million with a multinational telecommunications equipment company for harsh environment 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) units. The contract calls for Reliable Power Systems to supply harsh environment UPS systems that provide connectivity for communications and prime power for telecommunications sites. "This contract is further proof of the market acceptance of Reliable Power Systems' products. Over the last six months, Reliable Power Systems has assembled a world-class product line and a management team and Board of Directors deep with management talent and industry experience. Recently our job has been to take those products to market and this contract is further proof that Reliable Power Systems has the right products to meet the demands of the marketplace," said Joseph Livingston, Vice Chairman and Chief Executive Officer of Reliable Power Systems. Reliable Power Systems, Inc. (OTCBB:RPSI), based in Castle Rock, Colo., develops total power systems for industrial, commercial, medical, data and telecommunication users that address the growing crisis facing power users from an aging infrastructure, deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. and surging global demand. The company's solutions include: 1) power quality and reliability technologies; 2) energy information management systems; and 3) niche distributed generation Distributed generation generates electricity from many small energy sources. It has also been called also called on-site generation, dispersed generation, embedded generation, decentralized generation, decentralized energy or systems. Reliable has several patented technologies and retains the rights to other technologies that provide standards unmatched in the industry. For more information, please contact Matthew Essig at 720/733-8970. The statements included in this press release concerning predictions of economic performance and management's plans and objectives constitute 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. made pursuant to the subject of the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions created by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; downturns in the Company's primary markets; disruptions in the Company's operations from acts of God or extended maintenance; transportation difficulties and the unavailability of financing to complete management's plans and objectives. |
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