Active Power Regains Compliance With NASDAQ Minimum Bid Price Rule
AUSTIN, TX -- (Marketwire) -- 01/10/13 -- Active Power (NASDAQ:
ACPW), manufacturer of UPS (uninterruptible power supply) systems and
modular infrastructure solutions, has received notification from
NASDAQ that the company's bid price deficiency has been cured and
that the company is in compliance with all applicable listing
standards. Specifically, the NASDAQ Listing Qualifications department
informed Active Power that it has regained compliance with the $1.00
minimum bid price requirement for continued listing on The NASDAQ
Capital Market as set forth in NASDAQ Listing Rule 5550(a)(2).
About Active Power
Founded in 1992, Active Power (NASDAQ: ACPW)
designs and manufactures continuous power solutions and critical
backup power systems that enable data centers and other mission
critical operations to remain 'on' 24 hours a day, seven days a week.
Active Power solutions are intelligently efficient, inherently
reliable, and economically green, providing environmental benefits
and energy and space efficiencies to customers' financial benefit.
The company's products and solutions are built with pride in Austin,
Texas, at a state-of-the-art, ISO 9001:2008 registered manufacturing
and test facility. Global customers are served via Austin and three
regional operations centers located in the United Kingdom, Germany,
and China, supporting the deployment of systems in more than 40
countries. For more information, visit www.activepower.com.
Active Power and CleanSource 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
SOURCE: Active Power, Inc.
Active Power Investor Contact:
Active Power Media Contact:
Senior Public Relations Manager
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