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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Vycon | LSE:VYCO | London | Ordinary Share | COM SHS USD0.0001 (REGS) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 1.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
Vycon Inc 30 October 2008 VYCON® Awarded UL Listing for Next Generation Flywheel Energy Storage Systems Green Energy UPS Systems Also Conform to the European Union CE Mark VYCON (http://www.vyconenergy.com), the designer and manufacturer of environmentally-friendly, high-speed energy storage flywheel systems, today announced that their new VDC and VDC-XE Direct Connect DC power systems have been awarded Underwriters Laboratories Inc. (UL) listing. The innovative and environmentally friendly energy storage systems also conform to the CE (Conformit?urop?e) mark. UL, an internationally recognized leader in safety testing of products, has determined that the VYCON VDC and VDC-XE Direct Connect systems meet the requirements of ANSI/UL 508 for Industrial Control Equipment; UL 508C for Power Conversion Equipment and UL 1004 Standard for Electrical Motors. In addition, the new flywheel systems meet the requirements of the important European Union CE mark. Many products sold to, or within the European Union, must carry the CE mark. Developed by the European Union to harmonize product safety and health issues, the CE mark indicates that a product conforms with strict standards to minimize product risks to humans, animals and the environment. *We are very pleased to have our second generation of innovative and environmentally-friendly flywheel energy storage systems meet the testing and evaluation criteria by these prestigious safety organizations,* said Vatche Artinian, President and CEO of VYCON. *Following in the footsteps of our globally deployed first generation systems, we are very excited about our new VDC and VDC-XE Direct Connect systems that help solve critical and costly power problems across the globe. To this end, one of the largest dental benefit carriers in the U.S. has just ordered four of our VDC units * with plans to purchase four more * to protect their mission-critical data center.* VYCON'S VDC and VDC-XE models address the pressing need of mission-critical applications that require clean continuous backup power that is reliable, predictable and environmentally friendly. The new VDC systems feature higher power and more energy storage in a smaller footprint than VYCON's previous generation system. Utilizing VYCON's patented flywheel technology, the VDC unit provides up to 220kW of DC power while the VDC-XE (Xtended Energy) model supplies up to 300kW of DC power within a single cabinet. For longer run times and higher power capacities, the VDC models can be easily paralleled without needing a special communications link. For extended power outages, the VDC will seamlessly provide enough ride-through protection to transfer to a standby engine generator for a continuous power system. Tested and compatible with all major brands of three-phase Uninterruptible Power Supply (UPS) systems and available from VYCON's channel partners, Eaton and Chloride - the new VDC units feature a 20-year life without a major service interval. Featuring optimized power electronics for significantly improved power density, the new energy storage systems replace traditional lead-acid backup batteries used with UPS systems - providing users with a smarter and greener approach to power protection. Lead-acid batteries are toxic, heavy, maintenance intensive, need frequent replacement, have special disposal requirements and demand costly cooling to maintain service life. VYCON's innovative VDC backup systems are energy-saving high-speed flywheels that provide clean ride-through back up power that is fast, predictable and seamless. Providing a lower Total Cost of Ownership (TCO) than traditional battery reliant UPS systems, an increasing number of data centers, hospitals, broadcast facilities and other mission critical applications around the globe are depending on VYCON's innovative flywheel systems to provide reliable and environmentally friendly on-demand power. The new VDC and VDC-XE models are available now. For more information on VYCON"s innovating green power solutions, contact VYCON at 714-386-3800 or visit VYCON's web site at: www.vyconenergy.com. Enquiries: Vycon Inc. Vatche Artinian 001 714 308 0388 Craig Glynn 001 714 386 3800 Smith & Williamson Corporate Finance Ltd. Nick Reeve + 44 (0) 117 376 200 Martyn Fraser Cardew Group Rupert Pittman + 44 (0) 20 7930 0777 Shan Shan Willenbrock About VYCON VYCON is an innovator in the design and manufacturing of technologically advanced flywheel energy storage systems that enable a highly reliable, cost-effective and "Green" energy storage solution for a variety of applications. VYCON's products are applied in the power quality markets to provide back-up power in mission critical applications and in the energy re-cycling markets for capturing and regenerating energy in crane, electric rail and distributed generation applications. VYCON is a publicly listed company on the AIM market of the London Stock Exchange and is headquartered in Orange County, Calif. This information is provided by RNS The company news service from the London Stock Exchange END NRAFEUFAUSASELS
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