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Alternative Energy Storage System to Revolutionize Backup Power for Wireless Cell Sites and AMETEK Announces First Quarter 2006 Earnings Release

10 April 2006

Energy industry news provided by Financial News USA (OTC: FNWU) Magnetek, Inc. (NYSE:MAG), a leading developer of power conversion, alternative energy and utility grid management systems, and VRB Power Systems Inc., a leading producer of energy storage systems, today announced the unveiling of a revolutionary 5kW Energy Storage System (ESS). Co-developed by Magnetek and VRB Power, the 5kW ESS is an alternative to traditional lead-acid battery backup systems. On display in Booth 4369 at the CTIA Wireless 2006 show in Las Vegas, Nevada (April 5-7), the ESS system provides cost effective, reliable, environmentally friendly, virtually maintenance-free backup power for wireless cell sites and other telecommunications systems. AMETEK, Inc. (NYSE: AME) will issue its first quarter 2006 earnings release before the market opens on Thursday, April 20, 2006. AMETEK also will Web cast its First Quarter 2006 investor conference call on Thursday, April 20, 2006, beginning at 8:30 AM Eastern Time. Frank Hermance, Chairman and Chief Executive Officer, and John Molinelli, Executive Vice President and Chief Financial Officer, will review AMETEK's first quarter and 2006 outlook.


Exide Technologies (NASDAQ: XIDE), a global leader in stored electrical-energy solutions, has received a favorable ruling in its lawsuit with EnerSys, a manufacturer of industrial batteries. Power Air Corporation (OTCBB: PWAC) recently announced the signing of a Memorandum of Understanding ("MOU") with Mid States Tool and Machine Inc. of Decatur, Indiana. Under the terms of the MOU, Power Air Corp. ("PAC") and Mid States Tool and Machine Inc. ("Mid States") will work jointly to identify cost-reduction opportunities and tooling requirements for the manufacture of PAC's exclusive patented Zinc Air Fuel Cell ("ZAFC"). To view full report on PWAC visit www.stocksjournal.com


About Financial News USA


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