SatCon Joins Green Grid Consortium
May 02 2007 - 7:30AM
Business Wire
SatCon Technology Corporation� (Nasdaq CM: SATC), a developer and
supplier of power management and system architecture solutions for
the alternative energy and distributed power markets today
announced that it has recently joined The Green Grid as a
contributing member. The Green Grid is a consortium of information
technology companies and professionals seeking to lower the overall
consumption of power usage in data centers around the globe. �As
technology industry leaders like SatCon continue to join our
organization, we can more effectively provide insight to data
center managers to help them reduce power consumption,� said Roger
Tipley, a director of The Green Grid. �We�re pleased that companies
like SatCon continue to join The Green Grid, as power management
solution providers are at the forefront of the effort to help the
industry meet the need for energy efficiency standards.� "We are
pleased to be a Contributor Member to The Green Grid," stated
Clemens van Zeyl, President of SatCon Power Systems. "Their focus
on DC power distribution is a good fit for us with our history of
high-power DC applications and their emphasis on energy efficiency
is an excellent complement to our renewable energy product
portfolio." SatCon, through its wholly owned Canadian subsidiary,
was the first company in the world to supply high-power DC power
electronics using IGBT power transistor technology. DC power
distribution based on power transistor technology is recognized for
its high efficiency and power quality, and is also a key feature in
SatCon�s alternative energy inverter products. To date, SatCon has
supplied over 450 MW of high-power DC power distribution equipment
utilizing IGBT technology, more than any other company in the
world. SatCon�s PowerGate� inverter brand is currently one of the
leading inverter products for large commercial fuel cell and
photovoltaic applications in North America. SatCon�s rigorous focus
on power management and overall efficiency is a significant reason
why the PowerGate� is one of the most efficient inverter products
available on the market. �Our legacy of large, highly efficient
power systems has finally come around full circle," said Elbert L.
McDaniel, Vice President of Sales & Marketing for SatCon Power
Systems. "SatCon is truly one of the leaders in green power � and
we are very pleased that we can be a part of The Green Grid and
participate in their mission by applying our technology to one of
the fastest growing energy sectors � the data center.� About SatCon
Technology Corporation SatCon Technology Corporation is a developer
and manufacturer of electronics and generators/motors for the
Renewable Energy, Hybrid-Electric Vehicle, Grid Support, High
Reliability Electronics and Advanced Power Technology markets. For
further information, please visit the SatCon website at
www.satcon.com. (SATC-G) 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 �will,� �intends,� �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. 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.
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