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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Active Power, Inc.    

ACTIVE POWER, INC.

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ACTIVE POWER : Receives Multiple Powerhouse Order from HP

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08/16/2011 | 10:05am EDT

Active Power (NASDAQ: ACPW), manufacturer of continuous power and infrastructure solutions, has received an order from HP for two containerized continuous power systems which will be deployed to support the HP POD 240a at a datacenter facility in Texas. The two PowerHouseTM systems are part of a complete modular datacenter and infrastructure deployment and one of the most innovative and efficient IT solution packages available on the market today. Both systems will ship by the end of the year.

The two PowerHouse systems valued at nearly $2 million are each rated at 960 kW and will contain Active Power's high efficiency flywheel based CleanSource® UPS (uninterruptible power supply) system; switchgear; and monitoring and controls software. These systems will provide power conditioning and protection to the HP POD 240a, the world's most energy efficient modular datacenter, housing servers, storage, networking equipment, and other resources.

"The PowerHouse solution enables datacenter customers to support IT capacity at very high efficiencies which result in significant energy savings," said Martin Olsen, vice president and general manager at Active Power. "We're also able to deploy critical power infrastructure onsite in a matter of months compared to a conventional build which could take up to a year or more. This is due to the fact PowerHouse is factory built and tested prior to deployment to the site similar to the HP POD 240a."

To learn more about Active Power's PowerHouse solution, please go to http://powerhouse.activepower.com/ or refer to whitepaper #101 ('Modular Power and Cooling Utility in a Box - Driving Efficiencies through Rapidly Deployed and Right-Sized Power and Cooling').

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


© Business Wire 2011
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Financials ($)
Sales 2016 41,0 M
EBIT 2016 -8,80 M
Net income 2016 -7,90 M
Debt 2016 -
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017 -
Capi. / Sales 2016 2,00x
Capi. / Sales 2017 -
Capitalization 82,1 M
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NameTitle
C. Clark Webb Co-Chief Executive Officer & Director
Robert Hudson Alpert Chairman & Co-Chief Executive Officer
James A. Powers Chief Financial & Principal Accounting Officer
Fritz Souder Director
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