SatCon Successfully Installs 250-Kilowatt Uninterruptible Power Supply to Provide Back Up Power to 80,000 On-Line Students
CAMBRIDGE, Mass.--Nov. 2, 20030, 2003--| UPS System successfully maintains power at the LeCroy Data Center during recent power outage. |
SatCon Technology Corporation(C) , a developer and manufacturer of electronic power control systems, today announced that it has successfully completed the installation of its 250-kilowatt Rotary Uninterruptible Power Supply (UPS) at the R. Jan LeCroy Center for Educational Telecommunications. The Rotary UPS provides back up power and power conditioning to protect the distance learning data center against power outages. The UPS unit will be used to back up the e-Campus system to ensure that over 80,000 on-line students can continue their on-line classes in the event of an electrical power outage. The unit is housed on the Richland College campus in Dallas, TX.
Commenting on the system, Pamela Quinn, President/Assistant Chancellor at the R. Jan LeCroy Center for Educational Telecommunications, stated: "We installed the equipment to ensure continuous service to our distance learning students through the various forms of technology we use. During a recent power outage, all the equipment on the system functioned without an interruption. There was no downtime or outages for any of our students. We were very pleased with the outcome, since the equipment functioned completely as planned."
David Eisenhaure, Chief Executive Officer and Chairman of SatCon, commented: "I am pleased with the successful installation of our UPS system at LeCroy. Our UPS systems are working precisely as we designed them to work. After several years of research and development, we are now deploying this system into the commercial markets. This technology also addresses the concerns regarding our nation's electrical grid. The growth of the digital economy has drastically increased the need for reliable, high-quality power. Organizations like the LeCroy Center and Deluxe Film Laboratories are benefiting from SatCon's next-generation digital power technologies. I believe that demand for our Rotary UPS will continue to increase both in the commercial and government sectors. Any company that requires reliable, continuous service in the event of a blackout or power-shortage can benefit immensely from our UPS system."
About SatCon Technology Corporation
SatCon Technology Corporation manufactures and sells power control systems for critical military systems, alternative energy and high-reliability industrial automation applications. Products include inverter electronics from 5 kilowatts to 5 megawatts, power switches, and hybrid microcircuits for industrial, medical, military and aerospace applications. SatCon also develops and builds digital power electronics, high-efficiency machines and control systems for a variety of defense applications with the strategy of transitioning those technologies into multiyear production programs. For further information, please visit the SatCon website at www.satcon.com.
Statements made in this document that are not historical facts or which apply prospectively are forward-looking statements that involve risks and uncertainties. These forward-looking statements are identified by the use of terms and phrases such as "believes," "expects," "plans," "anticipates" and similar expressions. Investors should not rely on forward looking statements because they are subject to a variety of risks and uncertainties and other factors that could cause actual results to differ materially from the Company's expectation. There can be no assurance that the company will be successful in the sale or installation of any additional UPS units. Additional information concerning risk factors is contained from time to time in the Company's SEC filings. The Company expressly disclaims any obligation to update the information contained in this release.