Thank you for bringing this to our attention Harry
Post# of 4851
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Active Power Begins New Business Model to Support Monetization of Intellectual Property and Create Long-Term Stockholder Value
AUSTIN, TX--(Marketwired - Nov 19, 2016) - Active Power ( NASDAQ : ACPW ) today announced it is changing its name to P10 Industries, Inc. , following the previously disclosed sale of substantially all of its operating assets and liabilities to Piller Power Systems, Inc. (formerly known as Piller USA, Inc.), a subsidiary of Langley Holdings PLC.
With the disposition now complete, P10 seeks to maximize long-term stockholder value through the monetization of non-core intellectual property assets not purchased by Piller and acquiring well managed, profitable businesses. The company's patent portfolio includes innovative thermal and compressed air storage technology, which can and has been used in critical backup power applications, for example. For more information regarding P10's patent portfolio, visit www.p10industries.com/patent-licensing .
Read More: http://investorshangout.com/post/view?id=4178...z4T2iM4oIT
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