Posted: Jul 1, 2014 7:03 AM
Updated: Jul 1, 2014 7:03 AM
AUSTIN, TX -- (Marketwired) 07/01/14 -- Active Power (NASDAQ: ACPW), a global leader in flywheel energy and power technology for mission critical applications, today announced it was named UPS Application Magazine 2014 Green Environmental UPS (uninterruptible power supply) Manufacturer of the Year. A Beijing-based publication, UPS Application Magazine recognizes manufacturers that offer energy efficient, environmentally friendly products.
Active Power was included in UPS Applications Magazine 2013 UPS manufacturer rankings based on market surveys and readers' feedback. In early 2014, the company was selected by a group of judges who used readers' comments, online voting, field investigation, and input from industry experts to make final selections. Active Power was recognized among more than 300 industry professionals at the 10th Annual UPS Industry Awards program held on May 15, 2014, in Beijing.
"We are honored to be recognized by UPS Applications and industry as the 2014 Green Environmental UPS Manufacturer of the Year," said RJ Adleman, vice president, Global Sales and Marketing, at Active Power. "This recognition supports the continuing trend in China of utilizing environmentally friendly solutions. Active Power's product set is inherently clean and green, providing users both environmental advantages and significant financial benefit. We believe customers will continue to seek out these tangible operational benefits."
About Active Power Active Power (NASDAQ: ACPW) is a global leader in flywheel energy and power technology for mission critical applications. The company's products and solutions are uniquely different because of its flywheel technology that delivers critical power that is always there, providing greater reliability at a lower cost for leading innovators across multiple industries. The combined benefits of its products' power density, reliability, and total cost of ownership are unmatched in the market 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 three regional operations centers located in the United Kingdom, Germany, and China, that support the deployment of systems in more than 50 countries. For more information, visit www.activepower.com.
Cautionary Note Regarding Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by references to future periods, and include statements we make regarding: -- the continuing trend in China of using environmentally friendly solutions; and -- our belief that customers will seek out products with the environmental and financial advantages we offer. Actual results and the outcomes of future events could differ materially from those expressed or implied by these forward-looking statements because of a number of risks and uncertainties including: the deferral or cancellation of sales commitments as a result of general economic conditions or uncertainty; risks related to our international operations; product performance and quality issues; the level of acceptance of our current and future products in the market; significant competition and decreased product sales prices; and intellectual property claims.
For more information on the risk factors that could cause actual results to differ from these forward looking statements, please refer to Active Power's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2013, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K filed since then. Active Power assumes no obligation to update any forward-looking statements or information.
Active Power and CleanSource are registered trademarks of Active Power, Inc. The Active Power logo is a trademark of Active Power, Inc. All other trademarks are the properties of their respective companies.
SOURCE: Active Power, Inc.