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Active Power Named One of the Most Trustworthy Companies in America by Forbes Magazine

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  Published in Business and Finance on Monday, February 7th 2011 at 12:45 GMT by Market Wire
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AUSTIN, Texas--([ BUSINESS WIRE ])--Critical backup power systems and continuous infrastructure solutions provider Active Power, Inc. (NASDAQ: ACPW) has been named one of the [ Most Trustworthy Companies in America ] among publicly held companies in the United States by Forbes Magazine. This ranking is based on data compiled by Los Angeles based [ Audit Integrity ], an independent financial analytics firm.

"The fact fewer than 5 percent of public companies make this list indicates just how stringent the criteria is that Audit Integrity has put in place in their evaluations"

aThe fact fewer than 5 percent of public companies make this list indicates just how stringent the criteria is that Audit Integrity has put in place in their evaluations,a said Jim Clishem, president and CEO at Active Power. aWe are committed to maintaining the trust our customers and investors place in us and are honored to be recognized by Forbes for sound financial and corporate management practices.a

Audit Integrity applies more than 100 accounting and governance metrics to a companya™s publicly filed information and analyzes income statements and balance sheets collected over the last eight quarters. The resulting calculation produces the firma™s Accounting and Governance Risk (AGR), a forensic measure of the transparency and reliability of a companya™s financial reporting and governance practices. AGR is represented as a percentage score ranging from 0 to 100, with corresponding ratings from Very Aggressive to Conservative.

To make the list, companies must: earn an Average or Conservative rating and an average score of 65 or more over the last eight quarters; an absence of Securities and Exchange Commission enforcement action, class action litigation, financial restatements or accounting issues during the past year; negligible risk of bankruptcy; a relatively low proportion of incentive based pay for the chief executive officer and chief financial officer; and no significant insider trading.

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 ].