Active Power Appoints Thomas Patrick Kelly to Board of Directors

Fri Jan 25, 2013 5:00pm EST

* Reuters is not responsible for the content in this press release.

  AUSTIN, TX, Jan 25 (Marketwire) -- 
Active Power (NASDAQ: ACPW), manufacturer of UPS (uninterruptible power
supply) systems and modular infrastructure solutions, has announced its
board of directors has named Thomas Patrick Kelly to the company's board
effective Jan. 25, 2013. Kelly currently serves as interim CFO for Panera
Bread Company (NASDAQ: PNRA). Kelly will replace Rod Bond who will not
seek reelection as a board member when his term expires at the company's
annual shareholder meeting in May of 2013. 

    It is the board's intention to reduce its membership to seven members
following the departures of Bond and Benjamin Scott in May. Active Power
announced on Dec. 10, 2012, Scott would not seek reelection as a board
member when his term expires in May.

    "I am very proud having served as a director for nearly 19 years," said
Rod Bond. "It has been exciting to see the company develop from a high
tech developer originally known as Magnetic Bearings to a recognized
solutions provider of continuous power and critical backup systems."

    "We are very appreciative of Rod's tenure on our board and his commitment
to see the business succeed," said Dr. Ake Almgren, chairman, Active
Power's board of directors. "We acknowledge his contributions and efforts
in helping grow the business to the inflection point we are at now."

    "We are also excited to appoint Pat to our board as he brings to the
table a tremendous amount of executive management, corporate strategy,
business, and financial experience," continued Dr. Almgren. "We very much
look forward to benefit from his strong business and financial acumen
which is directly relevant to the next phase of the company."

    Thomas Patrick Kelly Bio
 Thomas Patrick Kelly serves as interim CFO for
Panera Bread leading all finance and accounting teams for the bakery-cafe
company. Prior to joining Panera in April 2012, Kelly was interim CFO for
Hawker Beechcraft Corp., a Wichita, Kan. based aerospace manufacturing
company. Before joining Hawker Beechcraft, he served as interim CEO at
ExpressJet, a regional airline in Houston, Texas. Kelly has also held a
number of senior financial positions at Vignette Corp., which was
acquired by Open Text Corp.; Dell, Inc.; Trilogy Enterprises; Sabre
Holdings; and American Airlines.

    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.

    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 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 respective
companies.

    SOURCE: Active Power, Inc.

    

Active Power Investor Contact:
Ron Both
Liolios Group
(949) 574-3860
ron@liolios.com

Active Power Media Contact:
Lee Higgins
Senior Public Relations Manager
(512) 744-9488
lhiggins@activepower.com 

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