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Technology Stocks : American Power Conversion

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To: TREND1 who wrote (2197)5/26/1999 1:36:00 PM
From: The Ox  Read Replies (2) of 2574
 
American Power Conversion Receives Industry-leading Awards and Designations During the First Quarter of 1999

WEST KINGSTON, R.I., May 26 /PRNewswire/ -- American Power Conversion (Nasdaq: APCC), a global leader in the power protection industry, announced today that it has received 18 awards and designations from leading trade magazines and business publications worldwide during the first quarter of 1999.

"APC's primary focus is to help our customers achieve Nonstop Networking(TM). We strive to offer the industry's best end-to-end global solutions for every application from desktop to the datacenter to the enterprise," said Aaron L. Davis, vice president, APC's Worldwide Small Systems Group. "The recognition APC has received for its products and business success from these leading publications is a testament to our product quality and our financial performance."

Details of the awards are as follows:

APC's Desktop PC Awards and Designations

-- PC Computing gave the "Most Valuable Product" award to APC's Back- UPS(R) Pro 650. According to PC Computing, "The Back-UPS Pro 650 gives

you 650VA protection and the longest battery life of any UPS we

tested;"

-- In both February and March, the Back-UPS Pro 650 made it on PC

Computing's "A-List," marking the eleventh month within the past year

that this product has received this prestigious designation;

-- APC's Back-UPS Office(R) received a "5-Star" notation from PC

Computing;

-- PC Computing selected the Back-UPS Pro 650 for "The Perfect PC Desktop

Setup;"

-- Consumers Digest presented the SurgeArrest(R) Per7 with a "Best Buy"

award; and

-- APC's SurgeArrest Notebook Pro acquired a "4-Star" award from PC

Computing.

APC's Network and Enterprise Awards and Designations

-- Network Solutions UK presented its "Best Buy" award to the Smart-UPS(R)

2200. According to Network Solutions, "APC provides some of the best

software that there is and combined with the quality of the unit, you

can't really go wrong buying one of these;"

-- APC's Symmetra(TM) Power Array(TM) received the "Editor's Choice" award

from France's 01 Reseaux magazine;

-- Computer Shopper readers selected Smart-UPS as a "Best Buy." This is

the fifth year that APC's products have been chosen by Computer Shopper

readers;

-- Smart-UPS was named a "Promising Product of 1999" by ComputerWorld

Korea;

-- The Smart-UPS 2200 received a "Best Buy" award in PC World China;

-- PC Computing selected the Smart-UPS 700 for "The Perfect PC Workgroup

Server Setup;" and

-- Infoworld presented APC's Web/SNMP Management Card 1.0 with a "Hot"

rating.

APC's Business Awards and Designations

-- APC received the "Platinum Award" in the UPS category by PCWeek Asia

readers;

-- APC was listed on Forbes Magazine's "Platinum List" of the 400 best

performing companies, based on analysis of sales growth, net income

growth and return on capital over the past five years;

-- Kiplinger's Personal Finance Magazine named APC one of the "Biggest

Winners of the Decade" in their list of the highest-returning stocks of

the 1990s; and

-- The Wall Street Journal identified APC on their list of "Top Guns: The

Best of the Best" in the publication's fourth annual Shareholder

Scoreboard, a ranking of 1,000 major U.S. companies in 94 industries.

For more information about all of APC's award-winning power protection solutions, visit APC's Web site at www.apcc.com or contact APC at 800-877- 4080.

About American Power Conversion

Founded in 1981, American Power Conversion (Nasdaq: APCC) is a worldwide leader in the designing, manufacturing, and marketing of power protection and management solutions for Nonstop Networking(TM). APC's comprehensive range of products include surge suppressors, uninterruptible power supplies (UPS), power conditioning equipment, and related software for computer and computer- related equipment. APC, which is headquartered in West Kingston, Rhode Island, reported sales of $1.126 billion for the year ended December 31, 1998. All trademarks are the property of their owners. Additional information about APC and its global end-to-end solutions can be found by accessing the APC World Wide Web site at www.apcc.com or by calling 800-877-4080.

For more information contact: Media: Jodi Kennedy, director of media relations worldwide, 800-788-2208, ext 2158, or Investor: Debbie Grey, investor relations manager, 800- 788- 2208, ext. 2994, dgrey@apcc.com.

SOURCE American Power Conversion
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