Pentadyne Ranked #1 in Growth by San Fernando Valley Business Journal
Chatsworth, Calif. – Nov. 7, 2008 – Pentadyne Power Corporation, the world leader in flywheel energy storage systems, was named Wednesday evening as the #1 fastest growing private company in its revenue category in by the San Fernando Valley Business Journal.
At an awards ceremony at the Warner Center Marriott Hotel, publisher Pegi Matsuda and Editor Jason Schaff noted that Pentadyne saw a “1,533% average growth in revenue from 2005 to 2007,” outstripping all other San Fernando Valley businesses in its revenue category.
The awards ceremony was sponsored by Kaiser Permanente; Miller, Kaplan, Arase & Company; Time Warner Cable, Union Bank of California and Woodbury University.
Rankings by the San Fernando Valley Business Journal are measured by an average three-year revenue growth percentage from 2005, 2006 and 2007. A special report on the top 50 companies will be published in next week’s edition of the San Fernando Valley Business Journal.
“We are very proud to be recognized by the Journal as the fastest growing private company in the Greater San Fernando Valley,” said Pentadyne President & CEO Mark McGough. “Our growth is a testament to the value delivered by our state-of-the-art clean energy storage product. Clearly, our customers are wholly responsible for Pentadyne achieving this great recognition.”
About Pentadyne Power Corporate
Pentadyne is the world’s leading manufacturer of flywheel energy storage systems used for energy recycling applications and to replace hundreds of lead-acid batteries used with large-scale UPS (uninterruptible power supply) systems. Flywheels made by this Inc. 500 listed company deliver an order of magnitude greater reliability than batteries, need near-zero maintenance and have a footprint and lifecycle cost less than half that of batteries. Using 90% less power than other flywheels, this sustainable and environmentally responsible system is sold by several of the world’s leading UPS manufacturers. An ISO-9001-certified company, Pentadyne designs and manufactures its products in Greater Los Angeles.
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Press Contact:
Keith Field
Vice-President of Marketing
Pentadyne Power Corporation.
(818) 350-0370 x210
Email: keith.field@pentadyne.com