Active Power (NASDAQ: ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, announced today that its long standing OEM partnership with Caterpillar Inc. (NYSE: CAT) continues to yield solid results. Caterpillar has ordered more than 21 megawatts of critical backup power during the past three months, representing a nearly 200 percent increase over the prior three month period. The systems have been ordered to support a variety of mission critical applications.
“Our core product differentiators of energy efficiency, space savings, reliability, rugged design and environmental sensitivity are resonating in the marketplace and certainly for our OEM partners,” said Jim Clishem, Active Power CEO and president. “Caterpillar is a significant part of our distribution strategy and we are extremely pleased with their increasing momentum and commitment to critical power systems solution sales.”
“With more than 1,950 flywheels in systems deployed worldwide and more than 46 million hours of field run time, Active Power is an important force in delivering flywheel based UPS systems to market,” said Farah Saaed, senior consultant, Energy and Power Systems at Frost and Sullivan. “Active Power holds the patent for integrated flywheel energy storage and UPS. This design yields a number of competitive advantages over conventional UPS systems with batteries including space savings; higher power densities; and the highest energy efficiency rating available in the market today.”
About Active Power
Active Power (NASDAQ: ACPW) provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Power’s flywheel-based UPS systems protect critical operations in data centers, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. Active Power also offers CoolAir, the only solution that provides both backup power and backup cooling. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit www.activepower.com.
Cautionary Note Regarding Forward-Looking Statements
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. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. 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.
Active Power, the Active Power logo, CleanSource and CoolAir are registered trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies.
Contacts:
Investor Contact:
John
Penver, 512-744-9234
Chief Financial Officer
jpenver@activepower.com
or
Media
Contact:
Lee Higgins, 512-744-9488
Public Relations Manager
lhiggins@activepower.com
