Golden Genesis Co. (Golden, CO) announced a sizable increase in sales, up 18 percent, for the first quarter ended March 31, 1999, over the first quarter of last year. Net sales were $11.6 million, compared to net sales of $9.8 million for the comparable quarter a year ago. A loss per diluted common share of […]
EOS Corp. (Camarillo, CA) announced it has been selected by Cobalt Networks (Mountain View, CA) to supply internal and external power supplies for its industry leading network server appliances. Cobalt selected EOS' new Z-Series external power adapters for use with its popular CacheQube as well as the recently announced V-Series internal open-frame power supplies for […]
Energy Conversion Devices (ECD, Troy, MI) President and CEO Stanford Ovshinsky has been chosen as the 1999 recipient of the Karl W.Bohr Solar Energy Medal of Merit. The medal was awarded jointly by the University of Delaware and the International Solar Energy Society "to honor significant pioneering to advance and promote the global use of […]
American Power Conversion Corp. (APC, West Kingston, RI) has introduced the APC Silcon DP300E Series of uninterruptible power supplies (UPS) in 10-80...
TechSys Inc. (Livingston, NJ) reports that it has signed a definitive business agreement to merger with Fuel Cell Companies Inc. (FCCI). FCCI holds a majority interest in Micro Fuel Cell Systems Inc., JPL, and SOFC Energy Inc. (UK). Steven Trenk, president of TechSys, commented, "We're very excited about the merger with FCCI. Their majority-owned technology […]
American Power Conversion Corp. (APC, West Kingston, RI) has expanded its power protection offerings for multi-server environments with a new condensed-size 5000VA tower uninterruptible power supply (UPS). The new APC Smart-UPS 5000 has a footprint of 8.7" x 17", which is among the smallest tower 5000VA units in the UPS industry, according to APC. The […]
Consolidated Power Battery Corp. (PWB, Oak Harbor, WA) announced that, pursuant to the proposed merger between PWB and Portable Energy Products (PEP, Scotts Valley, CA), PWB has decided to integrate its battery charger operations with those of Portable Energy Products. PWB closed down its battery charger operations in Issaquah April 2nd, 1999. PWB's proposed merger […]
Artesyn Technologies Inc. (Minneapolis, MN) has introduced the NLP110 Series of ac/dc power supplies. Comprised of four models, the series offers an...
American Electric Power (AEP, Columbus, OH) announced that eleven schools in Ohio and one in Texas have signed on to the Solar Schools program. The international Solar Schools program is a collaborative effort of AEP, BP Solar, the Foundation for Environmental Education, the federal and state governments and local communities. The first such school, Bluffsview […]
Linear Technology Corp. (Milpitas, CA) recently announced a reorganization intended to direct the company's growth from $500 million in sales to $1 billion and beyond. As part of the reorganization, co-founder and CEO Bob Swanson will also become Chairman of the board of directors. Clive Davies, who has been with Linear Technology for 17 years, […]
American Power Conversion (West Kingston, RI) has further expanded its APC Redundant Switch, which was previously accessible only in a SmartUPS 1400/High...
AER Energy Resources (Atlanta, GA) announced in their first quarter results that they nearly halved their losses compared to the same period last year. Net loss for the first quarter ended March 31, 1999, was $1.14 million, or $0.05 per share, compared to a net loss of $2.11 million, or $0.09 per share for the […]
Spire Corp. (Bedford, MA) recently announced it has retained investment banking firm OEM Capital as its financial advisor to advise the company on its strategic options, which may include a joint venture, merger, the sale of a product line or a business, or all of the company."The variety of growth opportunities available in our three […]
Signal Technology Corp. (Danvers, MA) reported its first quarter results, with revenues $3.3 million lower than the same quarter last year, falling from $23.7 million to $20.4 million. Net income for the 1999 first quarter, ended March 31, 1999, improved to $639,000, or $0.08 per diluted share, versus net income of $203,000, or $0.03 per […]
GFI Energy Ventures LLC (Los Angeles, CA) announced the completion of a substantial investment in Cherokee International LLC (Tustin, CA). Through the investment, GFI and its co-investors, including Oaktree Capital Management (Los Angeles) and RIT Capital Partners plc (London), have acquired a 60 percent majority interest in the power supply company."With this investment, we have […]