DALLAS, Nov. 11, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Beacon Power Corp. (Nasdaq:BCON)(D*). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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*Financial status indicator is deficient: Issuer failed to meet NASDAQ continued listing requirements.
Beacon Power Corp. (BCON) is engaged in the design, development and commercialization of advanced products and services to support stable, reliable and efficient electricity grid operation. The Company primarily focuses on commercializing its patented flywheel energy storage technology for storing and transmitting kinetic energy. It provides Smart Energy Matrix, a non-polluting, megawatt-level and utility-grade flywheel-based energy storage system that provides sustainable frequency regulation services. BCON's energy storage and power conversion solutions provide electric power for the utility, renewable energy and distributed generation markets.
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In the report, the analyst notes:
"BCON has recently received a patent for a technology that allows on-site power generation resources to continue operating in the event of a grid failure. The Company said its new 'fundamental smart grid' patent covers the underlying technology of its new 'SmartLink' system, which it believes may be used in a broad range of existing and future distributed generation (DG) applications."
"The Company stated that, currently, the majority of on-site resources turn off automatically when the grid fails. In contrast, when the grid fails, BCON's invention immediately creates a DG-powered microgrid, stabilized by energy storage, which continues to operate without support from the primary grid."
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