Active Power Recognized for Technology Innovation and Market Leadership
August 30, 2011 2:49 PM
Building on the worldwide success of its continuous power solutions like PowerHouse, Active Power (NASDAQ: ACPW) was recently honored for its highly differentiated, innovative solutions and its ability to overcome adversity as a business. The company was recognized by the Austin Chamber of Commerce with the 2011 Greater Austin Business Award in the program's Innovative Practices category.
“This Austin Chamber signature event illustrates our fundamental principle of honoring businesses of all sizes for their success and contribution to the community,” said Bobby Jenkins, chairman of the board for the Austin Chamber and president of ABC Services. “We recognize these businesses not only because they help to drive the economy in Austin, but also because they serve as role models in their respective areas, providing solid examples of how businesses of all kinds can thrive in Austin.”
The chamber received nearly 400 nominations for the awards program, the highest number of submissions ever received. Of those submissions, the list was culled down to 140 finalists and then narrowed down to 20 award winners in the categories of Innovative Practices; Customer Service; Community Relations; Environment; Health and Wellness; Technology; and Nonprofit.
“Active Power leveraged its expertise in the design and manufacture of flywheel UPS (uninterruptible power supply) technology in the development of PowerHouse, a complete modular power infrastructure system,” said Jim Clishem, president and CEO, Active Power. “Our patented flagship UPS product is the core component and anchor behind PowerHouse.”
“We expanded on the inherent benefits of our UPS technology – industry leading energy and space efficiencies, high reliability, and economically green attributes – and introduced a complete solution that creates economic value for us as a business, but more importantly tangible economic benefits for our customers,” added Clishem.
Earlier this year, Active Power received two other local business awards.
The company was recognized for its revenue growth and market potential by the Association for Corporate Growth Central Texas Chapter, receiving the chapter's Emerging Company Award. Active Power was also named top local exporter by the U.S. Department of Commerce International Trade Administration for its achievements in export and business expansion efforts.
About Active Power
Founded in 1992, Active Power (NASDAQ: ACPW) designs and manufactures continuous power solutions and critical backup power systems that enable datacenters and other mission critical operations to remain ‘on' 24 hours a day, seven days a week. Active Power solutions are intelligently efficient, inherently reliable and economically green, providing environmental benefits and energy and space efficiencies to customers' financial benefit. The company's products and solutions are built with pride in Austin, Texas, at a state-of-the-art, ISO 9001:2008 registered manufacturing and test facility. Global customers are served via Austin and four regional operations centers located in the United Kingdom, Germany, Japan and China, supporting the deployment of systems in more than 40 countries. For more information, 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 and CleanSource are registered trademarks of Active Power, Inc. The Active Power logo and PowerHouse are trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies.
Active Power
Investor Contact:
Liolios Group
Ron
Both, 949-574-3860
ron@liolios.com
or
Media
Contact:
Lee Higgins, 512-744-9488
Senior Public Relations
Manager
lhiggins@activepower.com







