Loudwater invests in late stage private growth companies and has offices in London and San Francisco. Approximately half of their investments are in US technology companies. Loudwater is the Investment Adviser to Loudwater Trust Ltd., a closed-ended investment company incorporated in Guernsey and listed on the London Alternative Investment Market (AIM).
"We are on a terrific run as a business, with revenues, production and product development progressing to new heights every month," said Pentadyne President and CEO Mark McGough. "We have just recapitalized the company with $14 million in new cash and signed up an excellent and experienced new investor in Loudwater. We are also looking forward to another great year ahead, hitting new records in 2008 with the goal of being the number one industrial flywheel manufacturer worldwide."
Edward Forwood, managing director of Loudwater, said, "Pentadyne has developed the most efficient flywheel energy storage technology with immediate application in UPS and other markets. We are confident that this will soon result in market leadership."
About Pentadyne
Hundreds of Pentadyne energy storage systems are operating as a part of battery-free UPS solutions at commercial, industrial, hospital and military facilities worldwide. Pentadyne's magnetically levitated carbon fiber flywheels are the world's most energy efficient, using 90 percent less power than other flywheels. Sold by several of the world's leading UPS manufacturers, Pentadyne systems deliver vastly higher long-term reliability and uptime availability at a fraction of the footprint, weight, and cost of hazardous lead-acid UPS batteries. An ISO-9001-certified company, Pentadyne designs and manufactures its environmentally beneficial products at its factory in greater Los Angeles.
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