2004 Press Releases

Repeat Customer Order Highlights Value of Flywheel-Based Systems

Austin, Texas – July 29, 2004 -- Active Power, Inc. (NASDAQ:ACPW), a leading manufacturer of battery-free power quality products, received an order totaling approximately $2.75 Million for a 4MVA continuous power system (CPS). The CPS...

Austin, Texas (July 28, 2004) -- Active Power, Inc. (NASDAQ: ACPW) today
announced results for its second quarter ended June 30, 2004. Revenues for the second quarter of fiscal 2004 were $3.7 million, an increase of 99% from the same period last year. Second quarter’s revenue growth was driven ...

Battery-Free Prototype Produces 80 kW for 15 Minutes; Remains on Milestone Track

Austin, Texas (June 9, 2004) -- Active Power, Inc. (NASDAQ: ACPW) today
announced that it successfully completed the second of five milestones for its new battery-free energy storage system by operating ...

Austin, Texas (April 28, 2004) -- Active Power, Inc. (NASDAQ: ACPW) today
announced results for its first quarter ended March 31, 2004. Total revenues for the first quarter of fiscal 2004 were $3.2 million, up 35% sequentially from the fourth quarter 2003 and 99% from the same period last year....

Austin, Texas (April 23, 2004) -- Active Power, Inc. (NASDAQ: ACPW) today
announced that it successfully operated a prototype of its new battery-free energy storage system at 40 kilowatts (kW) for over 15 minutes. This extended runtime product is initially slated to replace lead-acid batteries ...

Austin, Texas – April 22, 2004 – Eurotel Praha, spol. s.r.o., the largest provider of wireless voice and data services in the Czech Republic, has selected Active Power’s CleanSource® technology, a flywheel-based Uninterruptible Power Supply (UPS) System marketed through Caterpillar as Cat® UPS. The ...

Austin, Texas (January 22, 2004) -- Active Power, Inc. (NASDAQ: ACPW) today announced results for its fourth quarter ended December 31, 2003. Total revenues for the fourth quarter of fiscal 2003 were $2.4 million, down 19% sequentially from the third quarter 2003. Product revenues for the quarter in...