SOURCE: Pentadyne Power Corporation

April 16, 2007 09:00 ET

Pentadyne Enters Into MOU With Toshiba International Corp. for Flywheel Distribution in Medical & Broadcast Applications

CHATSWORTH, CA -- (MARKET WIRE) -- April 16, 2007 -- Pentadyne Power Corporation (www.pentadyne.com), the world's leading commercial manufacturer of clean energy storage systems using advanced composite flywheel technology, announced that it has entered into a memorandum of understanding agreement (MOU) with Toshiba International Corporation (TIC, www.toshiba.com/ind) for Toshiba to sell Pentadyne's flywheel in medical and broadcasting UPS applications.

The Uninterruptible Power Supply (UPS) system division of Toshiba International Corporation -- headquartered in Houston, Texas -- is offering the Pentadyne VSS+DC energy storage system with Toshiba's G8000 series of UPSs as a battery-free reliable power solution primarily for in-patient treatment/diagnostic equipment and for television broadcast facilities in North, Central and South America.

"Our current OEM distributor focuses on the data center and IT sectors, while Toshiba International Corporation will focus on applications in the patient care, broadcasting and industrial markets," said Frank DeLattre, Senior Vice President of Sales & Service at Pentadyne. "Toshiba targets those specific vertical markets with an advanced UPS system that's exceptionally well suited to those applications. Adding the Pentadyne VSS+DC flywheel as a clean energy storage option to their product portfolio offers a wealth of benefits to these customer segments where we have a great fit, but limited reach to date. The MOU enables Toshiba International Corporation to sell our product into underserved markets without creating channel conflicts in the data center/IT applications where our other partner is thriving."

Pentadyne's flywheel energy storage system can be used as a supplement to increase the reliability of conventional UPS lead-acid battery arrays, or can be used to eliminate the cost, maintenance and less predictable reliability burdens common to lead-acid batteries.

"Toshiba is a growing presence in the hospital and broadcast arenas, offering a premium UPS solution," said Pentadyne CEO Mark McGough. "Partnering with such a world-renowned brand is part of our strategy to build order volume and margin without impacting the sales growth we're seeing from our existing distribution partners. It's a win-win situation for all parties."

Greg Mack, Business Unit Manager of Toshiba International Corporation's UPS division, said, "Patient care and broadcasting applications are very dynamic and demanding loads. With its unity output power factor and IGBT technology, our state of the art G8000 UPS is designed to operate effectively, efficiently and reliably in those challenging circumstances. The Pentadyne flywheel is a perfect energy storage solution for the demanding inrush load characteristics we see in these environments and also a green solution.

"Our first installation of the G8000 with a Pentadyne flywheel was commissioned a few months ago at the KTUD television station in Las Vegas, and has been running flawlessly," Mack said. "We're looking forward to repeating this success many times over."

Exhibiting at upcoming trade shows

Toshiba International and Pentadyne are jointly exhibiting their UPS and flywheel products in booth SL3410 at today's National Association of Broadcasters trade show in Las Vegas, running through April 19. Tours of KTUD-VegasTV are planned for select attendees to view the Toshiba G8000 UPS and Pentadyne VSS+DC in operation. The companies have similar exhibit plans at upcoming trade shows for the American Society of Hospital Engineers in New Orleans, the Texas Association of Broadcasters in Austin and the Healthcare Facilities Symposium in Chicago.

About Pentadyne Power Corporation

An ISO-9001-certified company, Los Angeles-based Pentadyne designs, manufactures and markets clean energy storage systems using a high-strength advanced carbon-fiber flywheel to ensure power quality and continuity for mission-critical operations at industrial, commercial, healthcare and military facilities in North America and abroad. Integrated into UPS systems -- with or without battery-based energy storage -- award-winning Pentadyne flywheel systems provide an economic, long-lasting, low maintenance, lightweight and environmentally responsible back-up power solution without any hazardous chemicals or other safety concerns. The company is backed by leading venture capital groups and power industry leaders including Nth Power, Rustic Canyon Partners, DTE Energy, Energy InnovationsPortfolio, Electricité de France, Ben Rosen (co-founder of Sevin Rosen Funds and Chairman emeritus of Compaq Computer) and others. The Pentadyne VSS+DC is marketed in the Americas by Toshiba International (www.toshiba.com/ind) and by Emerson Network Power (www.emersonnetworkpower.com) under Emerson's Liebert brand (www.liebert.com). Overseas, Pentadyne-made flywheels are sold by Socomec (www.socomec.com) and, in South Korea, by EHWA Technologies (www.eti21.com/eng).

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