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Active Power to Present at Merriman Capital Investor Summit 2010 on November 16

^{Published on 2010-11-08 11:20:44 - Market Wire}
 

AUSTIN, Texas--([ BUSINESS WIRE ])--Active Power, Inc. (NASDAQ: ACPW), a manufacturer of critical backup power systems and continuous power solutions, has been invited to present at the Merriman Capital 7^th Annual Investor Summit 2010. The event will be held at the InterContinental Times Square Hotel in New York on Nov. 16, 2010.

John Penver, CFO and vice president, Finance at Active Power is scheduled to present on Tuesday, Nov. 16, at 10:00 a.m. (ET) in the Central Park room with one-on-one meetings held throughout the day. Management will discuss the companya™s progress including recently reported third quarter 2010 results and its financial outlook for 2010.

Most recently, Active Power reported record revenues of $18.5 million in the third quarter of 2010, up 116 percent year-over-year. This drove the first net profit in the companya™s 18-year history.

The Merriman Capital Investor Summit 2010 is a premier conference dedicated to fast growing companies in industry sectors such as cleantech, semiconductor, consumer and communications. Company presentations will be followed by analyst-led Q&A sessions on emerging investment themes.

For more information about the conference or to schedule a one-on-one meeting with Active Power management, contact your Merriman representative or visit [ here ].

About Active Power, Inc.

Active Power (NASDAQ: ACPW) 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 ].

About Merriman Holdings, Inc.

Merriman Holdings, Inc. (NASDAQ: [ MERR ]) is a financial services firm focused on fast-growing companies and the institutions who invest in them. The company offers high-quality investment banking, equity research, institutional services, corporate and venture services, and specializes in four growth industry sectors: CleanTech, Consumer/Internet/Media, Advisory Services and Structured Finance and Private Placements. For additional information, visit [ www.merrimanco.com ].