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UK Companies Now Eligible for Tax Incentives on Purchase of Active Power Flywheel UPS Systems

Thu. September 10, 2009; Posted: 03:00 AM
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Look up the PowerRating of ACPW and see how it has performed over the past week as well as the current proprietary PowerRating.

AUSTIN, Texas, Sep 10, 2009 (BUSINESS WIRE) -- ACPW | Quote | Chart | News | PowerRating -- Active Power, Inc. (NASDAQ: ACPW | Quote | Chart | News | PowerRating) announced today that its CleanSource(R) UPS (uninterruptible power supply) product has met relevant energy saving criteria and is now listed on the Energy Technology List (ETL), which is managed by the Carbon Trust on behalf of the UK Government. As a result, UK businesses that purchase Active Power's CleanSource UPS may benefit from a 100 percent first year capital allowance on their investment against taxable profits. As part of the endorsement, Active Power has also earned the privilege of using the ETL symbol.

"This recognition from the ECA scheme allows us to increase the value of our product for UK customers," said Jim Clishem, president and CEO, Active Power. "Active Power delivers an economically green product to clients by delivering the most energy efficient UPS available on the market that is more predictable and reliable than conventional technologies. Layering on the additional financial benefits from the ECA scheme only deepens the value to the client."

The UK government introduced the ECA scheme in 2001 to encourage businesses to invest in low carbon, energy saving equipment and was designed to help the UK reach its Kyoto target of reducing carbon emissions by 20 percent. The scheme is managed by the Carbon Trust, a private company backed by the UK government to accelerate the transition to a low carbon economy and develop commercial low carbon technologies for the future. The ECA scheme consists of the Energy Technology Criteria List, which determines the energy saving requirements for each type of technology, and the Energy Technology Product List which lists products eligible for tax incentives.

About Active Power

Active Power (NASDAQ: ACPW | Quote | Chart | News | PowerRating) 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 Power'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.

Cautionary Note Regarding Forward-Looking Statements

This release may contain forward-looking statements that involve risks and uncertainties. Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Specific risks include delays in new product development, product performance and quality issues and the acceptance of our current and new products by the power quality market. Please refer to Active Power filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ.

Active Power, CleanSource and CoolAir are registered trademarks of Active Power, Inc. The Active Power logo and PowerHouse are trademarks of Active Power, Inc. All other trademarks are the properties of their respective companies.

SOURCE: Active Power, Inc.

Active Power 
Investor Contact: 
Liolios Group 
Ron Both, 949-574-3860 
ron@liolios.com 
or 
Media Contact: 
Lee Higgins, 512-744-9488 
Public Relations Manager 
lhiggins@activepower.com
For full details for ACPW click here.

    


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