C&D Technologies Inc. (Blue Bell, PA) announced a 17 percent increase in net income for the second quarter ended July 31, 1999, to $7,045,000, or $0.54 per diluted share, from $6,000,000, or $0.47 per diluted share, for the same period a year ago. Net sales for the period rose 40 percent to $111,819,000, compared to […]
Tripp Lite (Chicago, IL) recently introduced the iUPS power protection system designed to color-coordinate with Apple's iMac computers. The iUPS features the popular blueberry-colored housing that coordinates with the iMac's appearance and color scheme.The six ac outlets of the iUPS are arranged in a split outlet design, with three outlets providing battery backup and surge […]
The Dynaload division of Transistor Devices Inc. (Randolph, NJ) recently introduced the WCL488 electronic load which uses a water cooling technique for...
American Electric Power (AEP, Columbus, OH) and Siemens Power Transmission & Distribution (Wendell, NC) have been awarded a contract by EPRI (Palo Alto, CA) to develop, implement and evaluate the country's first premium power park demonstration project. The purpose of the project will be to test whether new technologies are able to improve power quality […]
Medis Technologies Ltd. (New York, NY) reported its results for the quarter ended June 30, 2001, noting that non-cash items primarily resulting from accounting treatment relating to its June 2000 acquisition of the shares of Medis El Ltd., which it did not already own, had a material effect on this quarter's financial statements. As expected, […]
Catalytica Energy Systems Inc. (Mountain View, CA) announced that it is expanding its operations into a new facility in the Phoenix, AZ, area. The 43,472sqft facility will house various administrative functions as well as the company's engineering center and its commercial manufacturing operations. Catalytica will begin to occupy this new facility in October, with a […]
DTI Energy Inc. (Los Angeles) announced it has entered into a licensing agreement with Ballard Power Systems Inc. (Vancouver, BC), as well as with the California Institute of Technology (Caltech) and the University of Southern California (USC). The agreement covers Direct Methanol Fuel Cell (DMFC) intellectual property rights to which DTI Energy holds the exclusive […]
C&D Technologies Inc. (Blue Bell, PA) announced that it has completed the acquisition of the 67 percent-owned joint venture interest of a battery business based in Shanghai, China from Johnson Controls Inc. (Milwaukee, Wisconsin) for $15 million in cash. In March 1999, C&D acquired the North American and European specialty battery operations of Johnson Controls […]
The former Semiconductor Components Group (SCG, Phoenix, AZ) of Motorola announced its new corporate identity as ON Semiconductor LLC. SCG was acquired by Texas Pacific Group (TPG, Ft. Worth, TX)."We are extremely excited about the prospects for this new company," stated TPG Partner David Stanton. "Everyone affiliated with this former division of Motorola, especially customers, […]
International Rectifier (RI, El Segundo, CA) introduced a new family of Low-Voltage Benchmark HEXFET power MOSFETs targeted at applications in the automotive...
Power-One Inc. (Camarillo, CA) reported record revenues for the second quarter ended June 27, 1999, of $46.6 million, a 91.1 percent increase from revenues of $24.4 million for the same period of 1998 and up from $34.8 million for the first quarter of 1999. The results for 1999 include Melcher AG, which was acquired in […]
Proton Energy Systems (Rocky Hill, CT) announced that it has successfully tested its Proton Exchange Membrane Unitized Regenerative Fuel Cell (PEM URFC) Energy Storage System at its Rocky Hill facilities. According to Proton Energy, the PEM URFC has achieved performance above expectations equaling that of separate fuel cells and electrolyzers. Developed with the support of […]
Invensys Powerware Division (Raleigh, NC) announced the Powerware 5125 UPS for workstations, servers and process-control equipment. With extended battery modules capable of...
Unique Mobility Inc. (Golden, CO) reported a net loss for the first quarter ended June 30, 1999, of $345,751, or $0.02 per share, compared to a net loss of $942,252, or $0.06 per share, for the same period last year. Revenues for the quarter increased to $5,764,411 from $2,852,781 for the same period a year […]
Cooper Electronic Technologies (Boynton Beach, FL) announced that Electro Sonic Inc. (Canada) is the newest member of sales associates representing Cooper throughout North America. "Electro Sonic is one of the largest electronic component distributors in Canada with an enviable reputation for the highest level of customer service, coupled with innovative warehouse management and shipping programs […]