Pentadyne Ranked #1 in Growth by Los Angeles Business Journal
Chatsworth, Calif. – Nov. 19, 2008 – Pentadyne Power Corporation, the world leader in flywheel energy storage systems, was named Monday as the #1 fastest growing private company in Greater Los Angeles by the Los Angeles Business Journal.
In an article in this week’s edition of one of the nation’s leading regional business publications, Los Angeles Business Journal staff writer Richard Clough wrote: “With more than 600 systems sold since commencing commercial operations in May 2006, the Chatsworth-based company has become one of the largest flywheel companies in the world. At the same time, an astounding 1,857 percent growth in revenue from 2005 through 2007 has landed Pentadyne atop the Business Journal’s annual list of the fastest-growing private companies.”
Earlier this month, Pentadyne received a similar #1 fastest growth recognition award from the San Fernando Valley Business Journal.
“We are very proud and honored to be recognized by the Los Angeles Journal as the fastest growing private company in all of Los Angeles,” said Pentadyne President & CEO Mark McGough. “While the recession has taken its toll on many businesses, Pentadyne continues to grow and prosper thanks to our valued customers.”
Exhibiting at trade show today
Pentadyne is exhibiting its flywheel clean energy storage system today and tomorrow at the Global Gaming Expo in Las Vegas. Pentadyne systems are used by a number of casinos to ensure continuous power to electronic gaming machines, servers and security operations.
About Pentadyne Power Corporation
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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EDITORS:
The Los Angeles Business Journal article on Pentadyne is at:
www.labusinessjournal.com/weekly_article.asp?aID=131477
Press Contact:
Keith Field
Vice-President of Marketing
Pentadyne Power Corporation
(818) 350-0370 x210
Email: keith.field@pentadyne.com
In an article in this week’s edition of one of the nation’s leading regional business publications, Los Angeles Business Journal staff writer Richard Clough wrote: “With more than 600 systems sold since commencing commercial operations in May 2006, the Chatsworth-based company has become one of the largest flywheel companies in the world. At the same time, an astounding 1,857 percent growth in revenue from 2005 through 2007 has landed Pentadyne atop the Business Journal’s annual list of the fastest-growing private companies.”
Earlier this month, Pentadyne received a similar #1 fastest growth recognition award from the San Fernando Valley Business Journal.
“We are very proud and honored to be recognized by the Los Angeles Journal as the fastest growing private company in all of Los Angeles,” said Pentadyne President & CEO Mark McGough. “While the recession has taken its toll on many businesses, Pentadyne continues to grow and prosper thanks to our valued customers.”
Exhibiting at trade show today
Pentadyne is exhibiting its flywheel clean energy storage system today and tomorrow at the Global Gaming Expo in Las Vegas. Pentadyne systems are used by a number of casinos to ensure continuous power to electronic gaming machines, servers and security operations.
About Pentadyne Power Corporation
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.
# # #
EDITORS:
The Los Angeles Business Journal article on Pentadyne is at:
www.labusinessjournal.com/weekly_article.asp?aID=131477
Press Contact:
Keith Field
Vice-President of Marketing
Pentadyne Power Corporation
(818) 350-0370 x210
Email: keith.field@pentadyne.com