Active Power Appoints Kokmeng Ng Managing Director of Asia Pacific Region

Power Quality and Electrical Infrastructure Veteran to Lead Business Development Efforts

News provided by
Active Power
June 13, 2014 10:20 Korea Standard Time

AUSTIN, TX--(Korea Newswire)--Active Power (NASDAQ: ACPW, http://www.marketwired.com/news_room/stock?ticker=ACPW), manufacturer of uninterruptible power supply (UPS) systems and modular infrastructure solutions, announced it has appointed Kokmeng Ng, managing director, Asia Pacific region, at Active Power Co. Ltd. Kokmeng will report directly to RJ Adleman, vice president, Global Sales and Marketing, at Active Power.

“We have strengthened our sales leadership in the Asia Pacific region with the addition of Kokmeng,” said Adleman. “A well-known and highly respected sales and operations executive, Kokmeng has nearly 30 years of experience in the UPS and electrical infrastructure markets having served as CEO of Tamco Systems and managing director of Asia for Invensys Energy Systems (Powerware) and Best Power Technology Pte. Ltd. I am confident in his ability to quickly add value as we expand our distribution network in the largest UPS market in the world(1).”

“A tremendous amount of potential exists for Active Power and its distribution partner network in the Asia Pacific region,” said Kokmeng. “Active Power's unique and proven products are inherently reliable and green. These solutions deliver compelling environmental benefits to a region that emphasizes environmentally friendly solutions.”

Kokmeng Ng Bio

Kokmeng Ng has nearly 30 years in the UPS and electrical infrastructure markets in executive sales and operations roles for large multinational organizations. An electrical engineer by trade, Kokmeng has a proven track record in building and leading high functioning sales, marketing, service, and engineering teams across the Asia Pacific region.

Prior to Active Power, Kokmeng served in advisory and consultancy roles for organizations seeking to expand their product range, engage in a new strategic partnership, or enter a new market.

Kokmeng served as CEO of Tamco Systems Group, a leading distributor of electrical engineering products, and managing director of Asia for Invensys Energy Systems (Powerware). In these roles, Kokmeng was directly responsible for growing UPS and related products sales in the Asia Pacific region via strategic marketing programs and large networks of agents and distributors. He has also served in a number of managing director and project engineering roles in divisions of larger multinational companies.

Kokmeng earned a post graduate degree in Business Administration from the National University of Singapore and a bachelor's degree in Electrical and Electronics Engineering from Heriot-Watt University in Edinburgh, Scotland.

About Active Power
Founded in 1992, Active Power (NASDAQ: ACPW) designs and manufactures uninterruptible power supply (UPS) systems and modular infrastructure solutions, and provides related services, that enable data centers and other mission critical operations to remain ‘on’ 24 hours a day, seven days a week. 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, that support the deployment of systems in more than 50 countries. For more information, visit www.activepower.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “will,” “potential,” and similar references to future periods, and include statements we make regarding:

· expanding our distribution network in the largest UPS market in the world; and

· the tremendous amount of potential for Active Power and its distribution partner network in the Asia Pacific region.

Actual results and the outcomes of future events could differ materially from those expressed or implied by these forward-looking statements because of a number of risks and uncertainties including: our history of significant operating losses; our increased emphasis on larger and more complex system solutions; the deferral or cancellation of sales commitments as a result of general economic conditions or uncertainty; risks related to our international operations; product performance and quality issues; our underutilized manufacturing capacity and lack of experience manufacturing our products in large quantities; the level of acceptance of our current and future products in the market; significant competition and decreased product sales prices; intellectual property claims; pending legal matters that have increased our costs and could result in fines and penalties; our transition to new management; and our continued ability to borrow under our credit agreement or raise capital as needed to support the business.

For more information on the risk factors that could cause actual results to differ from these forward looking statements, please refer to Active Power's filings with the Securities and Exchange Commission, including its annual report on Form 10-K for the year ended December 31, 2013, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K filed since then. Active Power assumes no obligation to update any forward-looking statements or information.

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.

(1) IHS Research, “The World Market for Uninterruptible Power Supplies - 2013 Edition,” Sept 2013, at 22.

Contact

Ivy Li
Sales Operations/Marketing Communications
86.10.6528.3700


Active Power Media Contact:
Lee Higgins
Senior Manager, PR and IR
1.512.744.9488

This is a news release distributed by Korea Newswire on behalf of this company.