SOURCE: Active Power

Active Power

October 15, 2015 09:00 ET

Active Power Joins Grid Edge Executive Council

Company Joins Elite Group to Challenge and Revolutionize Electric Grid

AUSTIN, TX--(Marketwired - Oct 15, 2015) - Active Power, Inc. (NASDAQ: ACPW), a manufacturer of flywheel technology solutions for mission critical and renewable applications worldwide, announced today it has joined the Greentech Media (GTM) Research Grid Edge Executive Council. Active Power joins an exclusive group of the most forward-thinking utility and power leaders representing every aspect of the grid edge landscape, who together are working to shape the future of the electric power industry.

Active Power's flywheel and battery integrated energy storage technology aligns with the council's mission to lead the transition of the industry into a next-generation, holistic, and distributed energy system. The company's approach addresses the technical, operational, and financial challenges inherent with microgrids and renewable power sources.

"Widespread implementation of microgrids has faced challenges due in part to the lack of affordable energy storage systems needed to compensate for the highly variable nature of renewables," said Matt Zafuto, vice president, Business Development, at Active Power, and Executive Council member. "We believe our technology is a key value driver for renewables and microgrids. Flywheels are a mature, commercially viable technology and in combination with batteries improve energy storage reliability, increase operational viability of renewable sources, and lower total cost of ownership. We look forward to working with the council to collaborate on projects that further promote grid modernization."

"The Grid Edge Executive Council is made up of more than 90 companies from the United States, Europe, and Australia who are leading the transition to a decentralized, distributed, and transactive electric grid," said Ben Kellison, director of Grid Research, at GTM. "These members are creating, integrating, and deploying the technology and business models that make up the foundation of this transition and we welcome Active Power to this group of industry leaders."

To learn more about the Grid Edge Executive Council, visit www.greentechmedia.com.

About Active Power
Founded in 1992, Active Power (NASDAQ: ACPW) designs and manufactures flywheel uninterruptible power supply (UPS) systems and modular infrastructure solutions that enable data centers and other mission critical operations to remain 'on' 24 hours a day, seven days a week. The combined benefits of its products' power density, reliability, and total cost of ownership are unmatched in the market and enable the world's leading companies to achieve their most forward thinking data center designs. 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.

Active Power is a registered trademark of Active Power, Inc. Driven by Motion and the Active Power logo are trademarks of Active Power, Inc.

SOURCE: Active Power, Inc.