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Methode's Active Energy Solutions Launches 'Get the Lead Out' Today at Data Center World Global Conference 2015

MEI

New Solution Based Program Designed to Get Customers Out of Their Lead-Acid Based Batteries

RICHARDSON, TX--(Marketwired - Apr 21, 2015) -  April 21, 2015 - Methode's Active Energy Solutions, a division of Methode Electronics, Inc. (NYSE: MEI), today announced the launch of its new "Lease & Buy Back" programs at Data Center World Global Conference 2015.

Referred to as GET THE LEAD OUT, these programs were designed to help customers' trade in their older lead-acid battery units for new, eco-friendly, lithium-ion UPS technology.

"One of the ways we can help consumers eliminate the risk associated with new technology integration is to offer a flexible lease program that also includes buy-back options for their existing equipment," said Emilie Stone, general manager of Methode Electronics' Active Energy Solutions.

The no risk, AC6000 buy-back program allows customers to receive credit on their lead-acid battery units and apply it towards a trade up to the all new AC6000 lithium-ion UPS. 

"We've simplified the entire buying process with GET THE LEAD OUT, including the disposal of existing equipment in accordance with EPA regulations," Stone said. "Customers have a choice of either a three- or five-year lease, and units are fully warrantied and supported during the term of the lease, with complete ownership at lease end."

GET THE LEAD OUT is an ideal program for organizations interested in green, sustainable UPS technology.

"The all new AC6000 lithium-ion UPS has a strong reusability factor, can be cycled continually and supplement a data center's power draw from the battery and then recharge at a non-peak time," Stone concluded. "It's all part of our sustainability initiative and another way we're doing our part."

Stop by Booth #601 to see a live demonstration of the AC6000 UPS and to get more information on GET THE LEAD OUT. For product information on the AC6000, and other data center products and services, visit www.methode-activeenergy.com.

About Methode Electronics' Active Energy Solutions

Active Energy Solutions (AES), a Methode Company, is a leader in lithium-ion battery systems and power electronics. Since its inception in 2006, AES has designed, tested and produced a variety of customized energy storage systems to deliver greater efficiency in battery energy density, life and footprint for our data storage, telecom and alternative energy customers. Designed to integrate flawlessly with Methode's DCIM and PDU solutions, we help clients better manage their power resources with intelligent products and services -- delivering more data center real estate while reducing operational expense from day one.

About Methode Electronics, Inc.

Methode Electronics, Inc. (NYSE: MEI) is a global developer of custom-engineered and application-specific products and solutions with manufacturing, design and testing facilities in China, Egypt, Germany, India, Italy, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States. We design, manufacture and market devices employing electrical, electronic, wireless, safety radio remote control, sensing and optical technologies to control and convey signals through sensors, interconnections and controls. Our business is managed on a segment basis, with those segments being Automotive, Interconnect, Power Products and Other. Our components are in the primary end markets of the automobile, computer, information processing and networking equipment, voice and data communication systems, consumer electronics, appliances, aerospace vehicles and industrial equipment industries. Further information can be found on Methode's website, www.methode.com.

Methode Electronics' Data Solutions Group Contact:
Karen Dickerson
Senior Marketing Manger
(469) 619-8516
kdickerson@methode.com



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