Trimol Group Inc. (New York, NY) announced the issuance of a US patent protecting the intellectual property rights to an aluminum-air fuel cell technology licensed to it by its majority shareholder, Aluminum-Power Inc. (Canada), for use in portable consumer electronics. The patent, entitled Ecologically Clean, Mechanically Rechargeable, Air-Metal Current Source, was issued by the US […]
H Power Corp. (Clifton, NJ) announced that Osaka Gas Co. Ltd. (Japan) has begun long-term operational trials of a 500W proton-exchange membrane (PEM) residential cogeneration fuel cell system for the Japanese residential market. Testing is planned to last one year and Osaka Gas plans to continue test operations after that on improved prototypes until 2005. […]
Millennium Cell Inc. (Eatontown, NJ) reported an adjusted net loss of $3.6 million, or $0.13 per share (adjusted for non-cash charges), for the first quarter of 2002 ended March 2002. This compares with an adjusted net loss of $1.9 million, or $0.07 per share, for the first quarter ended March 2001. "We are pleased to […]
International Components Corp. (ICC, Chicago, IL) announced the introduction of a new line of battery fuel gauges designed specifically for power tools...
Teledyne Technologies Inc. (Los Angeles, CA) reported first-quarter 2002 sales of $183.3 million, compared with sales of $189.7 million for the same period in 2001. Net income for the first quarter of 2002 was $5.1 million, or $0.16 per diluted share, compared with net income of $4.8 million, or $0.15 per diluted share, in the […]
Magnetek Inc. (Nashville, TN) reported earnings of $0.01 and $0.08 per diluted share, respectively, for the third quarter and first nine months of its 2002 fiscal year, ended March 31, 2002. In the same periods of fiscal 2001, the company earned $0.10 and $0.39 per diluted share, respectively. Results of operations divested during fiscal 2001 […]
Virtual Technologies Ltd. (Spokane, WA) announced that it will be launching production of custom-engineered power electronics for the alternative energy industry. The company is focusing its commercial development efforts on the international alternative and renewable energy sector, by offering power conditioning and conversion solutions. Virtual Technologies currently offers custom-engineered and manufactured ruggedized power conversion equipment […]
Active Power Inc. (Austin, TX) announced results for its first quarter ended March 31, 2002. Revenues for the first quarter of fiscal 2002 totaled $4.1 million, down 19 percent from the same period the previous year. Net loss for the first quarter of 2002 was $6.5 million, or $0.16 per share, compared to a net […]
Alliant Energy Corp. (Madison, WI) reported adjusted net income of $4.4 million, or $0.05 per share, for the first quarter of 2002, compared to adjusted net income of $36.0 million, or $0.45 per share, for the first quarter of 2001. Reported net income and earnings per share for the first quarter of 2002 and 2001 […]
Avista Labs, a wholly owned subsidiary of Avista Corp. (Spokane, WA), and Aperion Energy Systems LLC (Jefferson City, MO) announced a joint...
Tyco Electronics Power Systems (Dallas, TX) announced the availability of its GALAXY Gateway remote monitoring software, which is designed to meet power...
Advance Galatrek (UK) announced its new PowerSwitch range of dual-redundant switches, which allow automatic user selection between different ac power sources, and is available either in a wall-mounted or 19in rack-mounted configuration. The PowerSwitch is suitable for mission-critical applications where N+1 resilience is an essential part of the operating environment. The PowerSwitch switches incorporate primary […]
Schaefer Inc. (Ashland, MA) introduced the C5400 Series of 10kW, 7in, standard 19in rack, dc/dc and ac/dc converters. Applications include locomotive controls,...
SL Industries Inc. (Mt. Laurel, NJ) announced that its net loss for the year ended December 31, 2001, was $10,650,000, or $1.87 per diluted share. Net losses for the year included a loss, after tax, of $3,947,000, or $0.69 per diluted share, from discontinued operations and pre-tax nonrecurring charges aggregating $11,078,000, or $1.21 (net of […]
XTO Energy Inc. (Fort Worth, TX) announced that it has priced an offering of $350.0 million (increased from $300.0 million) of senior notes due 2012, which will bear a coupon of seven and one-half percent. The net proceeds from the offering will total approximately $342.0 million and are expected to be used to finance recently […]