DALLAS, Jan. 20, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Beacon Power Corp. (Nasdaq:BCON). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
Beacon Power Corp. (BCON) designs, develops and commercializes advanced products and services to support stable, reliable and efficient electricity grid operation. Its Smart Energy Matrix(TM), now in production, being operated and earning revenue, is a non-polluting, megawatt-scale, fast-response flywheel-based solution designed to provide less expensive, more sustainable and effective frequency regulation services to the nation's power grid. The Company's business strategy is both to supply frequency regulation services from its own plants and to sell systems directly to utilities or grid operators in parts of North America and selected international markets.
BCON was founded in 1997 and is headquartered in Tyngsboro, Massachusetts.
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In the report, the analyst notes:
"BCON's completion of its first energy storage plant is expected to mark the start of commercial revenue for the Company. Capp, in a report, said the plant is expected to generate $6 million for the BCON and could double if more favorable 'pay-for-performance' reimbursement terms are approved by the Federal Energy Regulatory Commission."
"BCON is trading above its 20-day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock."
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