Active Power Receives Order for Megawatt Class UPS System
Active Power, Inc. (NASDAQ: ACPW), inventor and manufacturer of the most energy-efficient critical power systems in the world, today announced an order from its OEM partner Caterpillar for its flywheel based 1000iZ uninterruptible power supply (UPS) system, part of Active Power’s Megawatt Class CleanSource(R) UPS systems. The 1000iZ will ship in fourth quarter 2008 with installation scheduled for October 2008.
“The inherent features of Active Power’s battery free UPS technology continues to resonate with operators who oversee mission critical facilities – as was the case here,” said Jim Murphy, vice president of Sales, EMEA and APAC for Active Power. “Operators are turning to green solutions that provide an overall economic advantage. However, they don’t want to have to pay substantial capital and operating costs for a green product. Active Power’s offering meets these demands.”
The 1000iZ is a customized system configuration based on Active Power’s 1200 kVA UPS platform and is best-in-class at meeting high power needs, particularly for healthcare and data centre applications. In the case of healthcare, hospitals contain sensitive medical equipment that if affected by a power disturbance can have serious implications to patients. These critical loads require reliable, predictable power protection. Based on a recent study by Mass. based MTechnology, Inc., Active Power’s flywheel based UPS system is seven times less likely to fail as compared to a double conversion UPS system with batteries. The system also has a 20 year design life with no degradation in service versus a conventional battery system which typically has to be replaced every three to five years.
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, and CleanSource are registered trademarks of, and CoolAir is a trademark of Active Power, Inc. All other trademarks are the properties of their respective companies.