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Technology Stocks : SatCon Technology (SATC)

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To: Cabrina Dieters who wrote (70)	11/10/1997 9:51:00 PM
From: Cabrina Dieters	Read Replies (1) of 440

Hi All! Couldn't find a URL to this press release on either Yahoo or PCQuote yet but this is a news item that popped up on my AT&T investment page. My summary since its kind of long: Beacon Power is presenting its business plan for commercializing flywheel energy storage at the Red Herring Venture Market East conference, Nov. 10-11, in Boston. Thomas Hurkmans, president of Duquesne Enterprises believes their strategic partnership with Satcon aligns them with the leading developer of flywheel energy storage systems. Evaluation units will be delivered to cable, telecom and wireless customers in the 1Q of 1998 and full scale production will begin in late 1998. Beacon is currently securing orders. Annual combined market for power maintaing products exceeds $6 billion. Deregulation is contributing to rapid growth. Demand for new and innovative services (i.e. Internet) is driving network architecture to change form wire to fiber optics or wireless moving power supplies deeper into the network. Widespread dissatisfaction with lead acid battery systems. Flywheels more reliable, less maintenance and environmentally friendly. Red Herring site www.herring.com First Call rates SatCon a BUY also. Still spinning! Cabrina

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