National Growth Investors Network Announces Company Overview of Beacon Power Corp.


NEW YORK, Aug. 9, 2005 (PRIMEZONE) -- The National Growth Investors Network announces the company overview of Beacon Power Corporation (Nasdaq:BCON).

Beacon Power Corporation engages in the design and development of energy storage and power conversion solutions that provide electric power for the renewable energy, telecommunications, distributed generation, and uninterrupted power supply markets in the United States. Its development stage products include Smart Energy matrix, Smart Power 250, Smart Power M5 inverter system, and Smart Energy system.

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Safe Harbor Statement

This press release contains forward-looking statements that involve risks and uncertainties. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," "seeking to," "negotiating to" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.



            

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