Active Power Adopts Tax Benefit Preservation Plan to Preserve Valuable Net Operating Losses
AUSTIN, TX — (Marketwired) — 06/15/16 — Active Power (NASDAQ: ACPW), a manufacturer of flywheel energy storage products and modular infrastructure solutions (MIS) for mission critical applications worldwide, today announced that its board of directors has adopted a Net Operating Loss ("NOL") Shareholder Rights Agreement (the "NOL Rights Plan") designed to preserve its substantial tax assets. As of December 31, 2015, Active Power had U.S. federal and state net operating lo