As theamount of wind generation on the grid increases, many grid operators foresee theneed to increase total regional ramping capacity to maintain proper energybalance. Under terms of the agreement, Beacon will work with National Grid to forecastfuture increases in the demand for regulation capacity resulting from greaterdeployment of wind power. In the U.S., National Grid delivers electricity to approximately 3.3 millioncustomers in Massachusetts, New Hampshire, New York and Rhode Island, andmanages the electricity network on Long Island under an agreement with the LongIsland Power Authority (LIPA). National Grid also owns over 4,000 megawatts ofcontracted electricity generation that provides power to over one million LIPAcustomers. It is also the largest distributor of natural gas in the northeasternU.S., serving approximately 3.4 million customers in Massachusetts, NewHampshire, New York and Rhode Island. National Grid owns the high-voltage electricity transmission network in Englandand Wales and operates the system across Great Britain. 
NationalGrid also has a number of related businesses such as LNG importation andstorage, land remediation and metering. Beacon PowerBeacon Power Corporation designs, develops and is taking steps to commercializeadvanced products and services to support stable, reliable and efficientelectricity grid operation. The Companys primary business strategy is tocommercialize its patented flywheel energy storage technology to performfrequency regulation services on the grid. Beacons Smart Energy Matrix, whichis now in production, is a non-polluting, megawatt-level, utility-gradeflywheel-based solution to provide sustainable frequency regulation services.Beacon is a publicly traded company with its research, development andmanufacturing facility in the U.S For more information, visit Safe Harbor Statements under the Private Securities Litigation Reform Act of1995: This Material contained in this press release may include statements thatare not historical facts and are considered "forward-looking" statements withinthe meaning of the Private Securities Litigation Reform Act of 1995. Theseforward-looking statements reflect Beacon Power Corporations current viewsabout future events and financial performances.

These "forward-looking"statements are identified by the use of terms and phrases such as "believe,""expect," "plan," "anticipate," and similar expressions identifyingforward-looking statements. Investors should not rely on forward-lookingstatements because they are subject to a variety of risks, uncertainties, andother factors that could cause actual results to differ materially from BeaconPower Corporations expectation. These factors include: a short operatinghistory; a history of losses and anticipated continued losses from operations; aneed to raise additional capital combined with a questionable ability to do so,especially in view of the current situation in the financial markets; thecomplexity and other challenges of arranging project financing and resources forone or more frequency regulation power plants, including uncertainty aboutwhether we will be successful in obtaining DOE loan guarantee support for ourNew York facility; conditions in target markets, including the fact that someISOs have been slow to comply with the FERCs requirement to update market rulesto include new technology such as the Companys; our ability to obtain siteinterconnection approvals, landlord approvals, or other zoning and constructionapprovals in a timely manner; limited experience manufacturing commercialproducts or supplying frequency regulation services on a commercial basis;limited commercial contracts for revenues to date; the dependence of revenues onthe achievement of product optimization, manufacturing and commercializationmilestones; the uncertainty of the political and economic climate, and thedifferent electrical grid characteristics and requirements of any foreigncountries into which we hope to sell or operate, including the uncertainty ofenforcing contracts, the different market structures, and the potentialsubstantial fluctuation in currency exchange rates in those countries;dependence on third-party suppliers; intense competition from companies withgreater financial resources, especially from companies that are already in thefrequency regulation market; possible government regulation that would impedethe ability to market products or services or affect market size; possibleproduct liability claims and the negative publicity which could result; anyfailure to protect intellectual property; retaining key executives and thepossible need in the future to hire and retain key executives; the historicalvolatility of our stock price, as well as the volatility of the stock price ofother companies in the energy sector, especially in view of the currentsituation in the financial markets generally. These factors are elaborated uponand other factors may be disclosed from time to time in Beacon PowerCorporations filings with the Securities and Exchange Commission.
Beacon Powerexpressly does not undertake any duty to update forward-looking statements. Beacon Power CorporationJames Spiezio, orGene Hunt, Copyright Business Wire 2009. (TSX: GP) ("the Company") announces that itswholly owned subsidiary Gold Standard Royalty Corp. (GSR) has receivedCDN$1,101,351 of a total CDN$1,227,137, in advance royalty payments duefor calendar 2009. The royalty income stream is completely passive, andthe majority of annual payments are indexed to the price of gold.The Company has proposed to transfer Gold Standard Royalty Corp.