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Beacon Power Reports Compliance with NASDAQ Requirements

June 27, 2005 by Jeff Shepard

Beacon Power Corp. (Wilmington, MA), a designer of products for electric power and grid voltage and frequency regulation, announced that on June 27, 2005, it received a letter from the NASDAQ Stock Market stating that, because the closing bid price of the company's common stock has been at $1.00 per share or greater for at least 10 consecutive business days, Beacon has regained compliance with Marketplace Rule 4310(c)(4).