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Analyst Coverage

Active Power, Inc. is followed by the analysts listed below.

Firm

Analyst

Ardour Capital Partners

Walter V. Nasdeo

First Albany

TBD

Raymond James

Pavel Molchanov

RBC Capital Markets

Stuart Bush

Stephens Inc.

Steve Sanders

Please note that any opinions, estimates or forecasts regarding Active Power, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Active Power, Inc. or its management. Active Power, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.