Lithium Technology Corp. (LTC, Plymouth Meeting, PA) announced it has closed on a $450,000 equity bridge financing transaction with private investors. The proceeds are expected to provide operating cash flow while LTC pursues certain strategic partnership opportunities already underway, as well as other private investment initiatives, the firm stated.
Zapworld.Com Inc. (ZAP, Sebastopol, CA) announced it is launching an Internet affiliate program under which anyone who has a website can earn commissions by referring customers to ZAP. According to ZAP, the program is similar to one offered by Internet bookseller Amazon.com, which claims to have over 300,000 affiliates. ZAP will provide a monthly report […]
Bolder Technologies Corp. (Golden, CO) reported a net loss for the second quarter ended June 30, 1999, of $4.1 million, or $0.43 per share, on revenues of $88,563, compared to a net loss of $2.4 million, or $0.29 per share, on revenues of $531,881, for the same period last year. For the six months ended […]
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 […]
The Real Goods Institute for Solar Living announced that it will celebrate the sun's power with SolFest 2001, its sixth annual weekend...
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 […]
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 […]
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 […]
DaimlerChrysler Corp. (Auburn Hills, MI) demonstrated fuel cell vehicles powered by four different fuels. The vehicles were gathered together for the first time at DaimlerChrysler's facility at the California Fuel Cell Partnership. The vehicles shown were the Chrysler Town and Country Natrium, which is fueled with sodium boro-hydride; the NECAR 4, which operates on liquid […]
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 […]
Schaefer Inc. (Ashland, MA) recently introduced the P Series of 0.8-6kW, 3U and 6U high VMW/Eurorack compatible power factor correction modules. The...
American Superconductor Corp. (Westborough, MA) reported revenues of $2.27 million for the first quarter ended June 30, 1999, compared to $2.38 million for the same period last year. Net loss for the quarter was $4.99 million, or $0.32 per share, compared with a net loss of $3.96 million, or $0.27 per share, for the same […]
International Rectifier (El Segundo, CA) reported net income of $3.3 million, or $0.06 per share, on revenues of $147.5 million for the quarter ended June 30, 1999, compared to net income of $0.4 million, or $0.01 per share, on revenues of $133.8 million for the same period a year ago. After non-recurring items, the company […]