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Active Power to Present at Piper Jaffray Sixth Annual Clean Technology & Renewables Conference on Jan. 12, 2011

^{Published on 2010-12-29 06:40:49 - Market Wire}
 

AUSTIN, Texas--([ BUSINESS WIRE ])--Active Power, Inc. (NASDAQ: ACPW), manufacturer of critical backup power systems and infrastructure solutions, has been invited to present at the Piper Jaffray Sixth Annual Clean Technology & Renewables Conference on Jan. 12, 2011. The conference will be held at The Westin New York at Times Square.

Active Power management is scheduled to present on Wednesday, Jan. 12, at 10:30 a.m. Eastern time, with one-on-one meetings held throughout the day. Management will discuss the companya™s progress and recent quarter results.

In the third quarter of 2010, Active Power reported record revenues of $18.5 million, up 116 percent year-over-year. This drove the first net profit in the companya™s 18-year history. Most recently, Active Power deployed its high efficiency backup power systems at a [ law enforcement command center ] located in the northeast U.S., as well as received nearly $5 million in [ PowerHouse orders ] from one of its strategic IT partners.

The presentation will be Webcast live via the Thomson Reuters Website at [ www.piperjaffray.com/conferences ]. Thomson recommends registering at least 10 minutes prior to the start of the presentation to ensure timely access.

The Piper Jaffray Clean Technology & Renewables Conference offers unparalleled insight into more than 75 companies within the fast growing clean technology and renewable sectors. For more information about the conference or to schedule a one-on-one meeting with Active Power, contact your Piper representative or go to [ www.piperjaffray.com ].

About Active Power

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 data centers, 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 Piper Jaffray

Piper Jaffray (NYSE: PJC) is a leading international middle market investment firm, serving the needs of middle market corporations, private equity groups, public entities, nonprofit clients and institutional investors. We operate through three principal business linesa"investment banking, institutional securities and asset managementa"offering a comprehensive suite of products to serve our clients' business lifecycle needs, geographic reach in an increasingly international market, and deep expertise in our core middle market sectors. Founded in 1895, the firm is headquartered in Minneapolis and has offices across the United States and in London, Hong Kong, and Shanghai. For more information, please visit [ www.piperjaffray.com ]