Beacon Power Receives Nasdaq Notice of Minimum Bid Price Non-Compliance

Beacon Power Corporation BCON today announced that it has received a letter from The Nasdaq Stock Market indicating that, for the last 30 consecutive business days, the bid price of the Company's common stock has closed below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market per Nasdaq Listing Rules. The notification has no effect at this time on the listing of the Company's common stock, which will continue to trade under the symbol BCON.