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Active Power to Participate in Lazard Capital Markets Annual Alternative Energy Investor Summit on June 10, 2010


Published on 2010-06-08 18:41:23 - Market Wire
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AUSTIN, Texas--([ BUSINESS WIRE ])--Active Power, Inc. (NASDAQ: ACPW), manufacturer of critical backup power systems and continuous power solutions, has been invited to participate in the [ Lazard Capital Markets Annual Alternative Energy Investor Summit ], June 9-10, 2010, at the Mandarin Oriental in New York City.

Active Power CEO Jim Clishem will hold one-on-one meetings with institutional investors on Thursday, June 10. Management will discuss the companya™s progress including its recently reported first quarter results and financial outlook for the remainder of 2010.

Active Power most recently announced the delivery of two containerized critical backup power systems to [ Shanghai Municipal Electric Power Company ], one of the largest subsidiaries of the China State Grid. Prior to this, the company received an order from one of its strategic IT partners for more than $8 million for [ containerized infrastructure solutions ], representing the largest single order in company history.

The Lazard Summit brings together senior management from leading alternative energy companies as well as government officials and industry consultants to address the most important strategic issues facing new energy sectors.

About Active Power

Active Power provides efficient, reliable and green critical power solutions and uninterruptible power supply (UPS) systems to enable business continuity in the event of power disturbances. Founded in 1992, Active Powera™s flywheel-based UPS systems protect critical operations in datacenters, healthcare facilities, manufacturing plants, broadcast stations and governmental agencies in more than 40 countries. With expert power system engineers and worldwide services and support, Active Power ensures organizations have the power to perform. For more information, please visit [ www.activepower.com ].