Falcon(R) Electric Helps North American Eagle(TM) Become Fastest Land Vehicle in North America

IRWINDALE, CA--(Marketwire - July 16, 2008) - Falcon Electric, Inc. (www.falconups.com), an award-winning manufacturer of power protection and conversion solutions, today announced that its ED Series™ online uninterruptible power supply (UPS) provided backup power and frequency conversion on board the North American Eagle supersonic land speed challenger (http://www.landspeed.com). During its June 30 test run at the El Mirage Dry Lakebed in Mojave Desert, California, the supersonic race car, powered by a jet engine with an afterburner from an F-104, reached a record-breaking 400 mph achieving a significant speed milestone and advancing the team's goal to exceed the speed of sound (Mach 1) at a new world land speed record of 800 mph.

"We just finished up a successful week of testing the North American Eagle. In spite of the 110 plus degree heat of the El Mirage Dry Lake Bed, we made four test runs over three days, with the last one attaining a speed of just over 400 mph -- making it the fastest active car in North America," said Keith Zanghi, director of operations, North American Eagle.

"The purposes of these test runs were to deploy the high speed parachutes and to integrate all of our electronic components to see how they work together. This included our PCB Piezotronics Data Acquisition System, Falcon Electric UPS/Frequency Converter, Topcon GPS, Space Age Controls transducers and Tropos wireless broadband. We also engaged the afterburner (AB) during a run and analyzed the effects. In addition, we gathered video from our RocketCam and Olympus iSPEED HG on-board cameras to use in an upcoming Sundance Film Festival documentary. Lastly, we needed to gather air pressure data around the car to compare with CFD analysis, measure the rolling resistance of the car on the lake bed and finish filming the CBS News production for the Discovery Channel called Future Life series which will air in late 2008. We will conduct more testing in Black Rock, Nevada in late 2008 or early 2009."

"We're thrilled to be a part of this historic project. The dedication of Ed Shadle, Keith Zanghi and their team of visionaries to build the most advanced racing car in the world is very exciting," said Michael A. Stout, vice president engineering for Falcon Electric. We're very pleased that our ED Series UPS helped the 56 foot long, 42,500 horse power dream machine attain its first major speed goal. We can now say we have the fastest UPS in the world."

Located onboard the race car, Falcon's ED-1 Series 1kVA converts the jet engine's 115 Volt, 400 Hz frequency power to 115 Volt 60Hz power for the onboard data acquisition, GPS and other key computers. In addition, the Falcon unit provides power conditioning and instantaneous backup power in the event the vehicle's electrical system is compromised. "Our ED Series is the perfect unit for this extreme application as it's built from the ground up for harsh military applications. This rugged unit can withstand high heat temperatures and vibration without degrading its reliability, while its light weight and small size allow the unit to be placed in tight spaces," said Stout.

"The Falcon Electric UPS system works great. We have 30 minutes of data protection and I can't tell you how valuable that is," said Zanghi.

The purpose of the North American Eagle Land Speed Program is to realize Ed Shadle's dream to bring the land speed record back to North America. Data and knowledge gained through this program has the potential to impact high-speed rail, ground effects of high-speed aircraft in the landing configuration as well as deceleration methods utilized by high-speed vehicles. Primarily self-funded with help from private company sponsorships, North American Eagle continues to seek sponsors and technology donations. For more information on helping to make history, go to http://www.landspeed.com/eagleslair.html or contact Ed Shadle at 253-847-3584. For more information on Falcon Electric's innovative power solutions, call 800-842-6940 or visit Falcon's web site at: www.falconups.com.

About Falcon Electric:

Headquartered in Irwindale, Calif., Falcon Electric, Inc. is a leading manufacturer of award-winning power protection and conversion solutions. For two decades, Falcon has been dedicated to offering the latest in technology, superior engineering standards, and unmatched technical support and customized solutions. Falcon manufactures power systems that meet the exacting standards of the military/aerospace, scientific/labs, industrial automation, computer, telecommunications and other industries that demand the highest product reliability to meet their critical power needs. For more information about Falcon Electric and its innovative products, visit www.falconups.com.

Contact Information: Falcon Electric, Inc. Dina Seredian Media Relations 800-842-6940 dina@falconups.com www.falconups.com Agency Contact: PJ Jennings Jennings & Associates 760-471-7376 pj@jandacommunications.com www.jandacommunications.com