Digital Power designs, develops, manufactures and sells
high-grade customized and off-the-shelf power system solutions for the most
demanding applications in the medical, military, telecom and industrial
markets. In July, the company unveiled its newest family of products, which
features a series of advanced, high-efficiency capacitor chargers specially
designed for powering laser systems in medical and industrial applications.
Through this release, DPW demonstrated its ongoing commitment to innovation in
the development of best-in-class power solutions for a broad range of
industries and challenging environments.
In recent months, DPW has built on this progress through
efforts to further develop its product line offerings and geographical sales
coverage. Despite recording a slight year-over-year decrease in revenues during
the second quarter of 2015, increases in profitable defense-related shipments
from its European operations throughout the first half of the year and
continued expansion of its sales and marketing efforts could foreshadow an
opportunity for the company to achieve considerable financial growth in the
months to come.
“We continue to pursue our strategic plan of developing
complete customized power solutions and enhancing our standard product
portfolio with innovative, high density and efficient power supplies at ever
increasing power levels,” Amos Kohn, president and chief executive officer of
DPW, stated in a news release. “The focus on a complete solution for power
applications is well received by our major telecom, medical, military and
industrial customers.”
In June, the company provided prospective shareholders with
a glimpse of the immense market potential of its product portfolio when it
announced the execution of a 12-month, $1.2 million agreement to supply an
industry-leading medical OEM with a universal power source solution for use in
its portable oxygen concentrators. The customer selected DPW as a result of the
company’s proven record of providing high quality, reliable power solutions to
the medical industry. Moving forward, this agreement is expected to further
strengthen DPW’s established position within the medical OEM marketplace.
Since being founded in 1969, DPW has grown into one of the
most recognizable brands in the diversified electronics industry. With a
healthy cash balance, an experienced management team and a portfolio of
cutting-edge power system solutions, the company is in a strong strategic
position to build upon this industry presence.
For more information, visit www.digipwr.com
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