Beacon Power Announces Continued Listing With Nasdaq

Beacon Power Corporation BCOND announced that Nasdaq has determined to continue the listing of the Company's securities on The Nasdaq Capital Market.

The Company has satisfied the terms of the Nasdaq Listing Qualifications Panel decision of December 3, 2010, by complying with the minimum bid price requirement of $1.00 per share and all other criteria for continued listing on The Nasdaq Capital Market. Accordingly, the matter is now closed.