Cherry Semiconductor Corp. (East Greenwich, RI) announced the appointment of Joe Reichbach to the position of vice president, worldwide sales and marketing. Reichbach previously served as vice president of sales and marketing for Merix Corp. (Forest Grove, OR), a supplier of advanced interconnect solutions. He will oversee all of Cherry's marketing and sales functions, including […]
Pinnacle VRB Ltd. (Australia) recently signed an agreement with Unisearch Ltd. (Sydney) to commercialize the vanadium redox battery (VRB) developed at the University of New South Wales (UNSW, Sydney). Under the agreement, Unisearch, which is UNSW's commercial company, assigned all interest in the battery to Pinnacle in exchange for A$1.5 million and A$6 million worth […]
C&D Technologies Inc. (Blue Bell, PA) reported net income for the fourth quarter ended January 31, 1999, of $5,552,000, or $0.43 per diluted share, compared to $5,527,000, or $0.43 per diluted share, for the same period last year. Sales for the fourth quarter were $73,386,000, compared to $77,952,000 for the same period a year ago.For […]
Active Power Inc. (Austin, TX) announced that Exide Electronics Group Inc. (Raleigh, NC) has agreed to sell, service and support worldwide an Exide-branded flywheel customized and manufactured by Active Power. The flywheel manufacturing agreement is part of Exide Electronics' Strategic Power Partners Program announced last week, which Active Power has joined as a charter member.Under […]
C&D Technologies Inc. (Blue Bell, PA) announced it has completed the acquisition of the business and assets of the Industrial Battery Division of Johnson Controls (Milwaukee, WI) for approximately $120 million in cash and the assumption of certain liabilities. A closing on the acquisition of a related joint venture in China is expected in the […]
The Electric Power Research Institute (EPRI, Palo Alto, CA) and the Gas Research Institute (GRI, Chicago) announced the formation of a consortium to commercialize advanced planar solid oxide fuel cells (SOFCs) for decentralized power systems. The University of Utah and Materials and Systems Research Inc. (MSRI, Salt Lake City) are also consortium members. MSRI has […]
Exide Electronics Group Inc. (Raleigh, NC) announced the creation of the Strategic Power Partners Program, a program intended to provide customers with reliable end-to-end power solutions and guaranteed system availability. Customers will be able to create a power system specifically tailored to their needs.As part of the program, Exide Electronics is establishing partnerships with manufacturers […]
Exide Technologies (Princeton, NJ) announced that it has reached a plea agreement with the US Attorney for the southern district of Illinois, ending an investigation of Exide regarding past dealings between Exide's prior management and Sears Roebuck and Co. (Hoffman Estates, IL). In the settlement, Exide Illinois Inc., a subsidiary of Exide Technologies, agrees to […]
The Electronic Device Group of Mitsubishi Electronics America (Sunnyvale, CA) announced its formal entr‚e into the North American linear IC market, targeting power control, battery and power management, and data conversion functions in consumer, white goods, PC, instrumentation and industrial applications. "Mitsubishi Electric is a major supplier of standard linear ICs in the Japanese consumer […]
PowerSmart Inc. (Shelton, CT) introduced the new P3 family of smart battery ICs, which is claimed to bring a new level of customization not previously available with other smart battery ICs. PowerSmart provides software designed to enable easy customization of battery control algorithm parameters and cell performance models to meet applications requirements and achieve high […]
Lithium Technology Corp. (LTC, Plymouth Meeting, PA) announced that Arif Maskatia, a US-based executive with Acer Inc. (Taiwan), has joined its board of directors. Maskatia is currently Vice President of the Advanced Technology & Portable Development Group for Acer Advanced Labs (San Jose, CA), responsible for development of new notebook computer platforms. "We are very […]
Bolder Technologies Corp. (Golden, CO) reported a net loss for the fourth quarter ended December 31, 1998, of $2.8 million, or $0.33 per share, compared to a net loss of approximately $2.6 million, or $0.31 per share, the same period a year ago. Revenues for the quarter were $662,752, compared to $658,160 a year ago.For […]
H Power Corp. (Clifton, NJ) and Osaka Gas Co. Ltd. (Japan) announced plans that H Power will develop a new 500W residential cogeneration fuel cell system for the Japanese market, using Osaka's compact fuel processor. The new unit will incorporate H Power's fuel cell technology and Osaka Gas' steam reforming technology, which Osaka Gas will […]
Yuasa Inc. (Reading, PA) introduced the Independence PL Series, a new family of front termination VRLA batteries designed for use in distributed...
Japan Storage Battery (Japan) and Exide Electronics Group Inc. (Raleigh, NC) announced the sale of their joint venture, GS-EE (Japan), to Japan Storage Battery. GS-EE was established ten years ago as a joint venture, selling uninterruptible power supplies to the two parent companies. Under the terms of the agreement, GS-EE will continue to provide sales […]