Digital Power Corporation Covid-19 Global Impact Update

Feb 17, 2021

Dear Valued Customers and Partners,

To support our valued customers and to continue to provide the great products and services we are known for we continue to monitor and adjust to the current global economic situation.

The Pandemic is affecting our global manufacturing supply chain, component, and material vendors as well as logistic lead times and prices.

Due to component and material shortages, we are experiencing longer production lead times and price increases.

With limited boat vessels and flight options available there is heavy competition for space on all shipping options. In turn this competition is leading to higher transportation costs. Additionally, the COVID-19 situation has caused limited resources at customs point of entry locations which is causing longer lead times.

We understand the need to continue your production schedule to support your customers. As a long-time partner we are asking you to work with us to help you. Please review your forecast to understand your upcoming product needs and reach out to your account manager.

Thank you for your understanding during these very challenging times. Your Digital Power Account Manager will provide any delivery schedule updates or component price increases if there is any impact to your orders.

Please contact us if you have any questions or concerns regarding the information published above.

 

Sincerely,
Amos Kohn
President and Chief Executive Officer

 

Digital Power’s Parent Company, Coolisys Technologies Corp. Receives Purchase Order for 5,000 Electric Vehicle Charging Units

Milpitas, Calif. –Jan. 27, 2021– Coolisys Technologies Corp. (“Coolisys”) announced today that it has received a purchase order for 5,000 ACECool™ 7kW residential electric vehicle (“EV”) charging systems for an aggregate of $1.75 million and expects to receive orders for a substantially greater number of such chargers from iNetSupply, LLC. The purchase order and expected follow up orders are part of an anticipated agreement with iNetSupply, LLC and its wholesale sister company, Origin Micro, LLC (collectively, “iNet”) to exclusively resell and distribute the ACECool™ 7kW residential EV charging systems. The ACECool™ 7kW wall-mount charging system runs on 240 volts and is compatible with the SAE J1772 charging connector, with the option to add an adapter to charge Tesla vehicles.

iNet is a leader in distributing new products for many popular brands including Lenovo, Dell, HP and Cisco through its strong relationships with traditional and e-commerce channels and platforms. If the anticipated agreement with iNet is executed, the ACECool™ charger and its peripherals will be available for purchase and preorder at iNetSupply.com. We expect that the ACECool™ charger and peripherals will during the next few months be listed on Newegg.com, NeweggBusiness.com, Amazon.com, eBay.com and Walmart.com. iNet is highly regarded for delivering product integrity and customer service to businesses and consumers.

iNet’s President, Donald G. Doney, Jr. stated, “The future of humanity’s daily transportation lies in the development of EV and EV infrastructure. Affordable, rapid charging of those millions of EV’s requires expertly engineered devices that are easy to use and install. iNetSupply, Origin Micro and Coolisys expect to bring the groundbreaking AceCool™ line of chargers to the public.”

Coolisys and Digital Power’s President and CEO, Amos Kohn said, “We are pleased to announce this first purchase order from iNet and anticipate that this step is the first step in a burgeoning relationship. iNet provides the level of experience, knowledge, integrity and professionalism that we believe to be required to launch, manage and grow our ACECool™ EV charging product line nationwide. We believe our EV charger product line will be well-positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Coolisys Announces Pre-Orders for Residential Level 2 Electric Vehicle Chargers Have Begun on Amazon

Milpitas, Calif. January 14, 2021 — Coolisys Technologies Corp. (“Coolisys”) has began accepting pre-orders on Amazon.com for its ACECool™ residential level 2 7kW single electric vehicle (“EV”) charger, on January 13, 2021. The wall mount charging system is compatible with all EVs that utilize the SAE J1772 connector, including all Tesla models with SAE J1772 adapters and can be installed in any residential house, garage or parking lot with a 240-volt power outlet. The Company issued a press release on October 16, 2020, stating that Coolisys envisioned this development occurring in early 2021.

Amazon Pre-Order Link

Coolisys is encouraged by the interest in its residential EV chargers on Amazon.com and is in conversations with additional online retailers and distributors. The Company will continue to provide updates on key developments with potential channel partners as circumstances warrant. Digital Power Corporation (“DPC”), Coolisys’ Power Solution Group, will be providing service and support for the Coolisys EV charger product line.

Coolisys’ President and CEO, Amos Kohn said, “We are pleased to announce the Amazon pre-order launch of our residential EV wall mount charging system. Coolisys’ compact, space saving wall mount AC charging system is easy to install and uses advanced charging technology that provides highly efficient and reliable charging of electric vehicles. We believe our EV charger product line is well positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Digital Power Corporation Awarded $1.1 Million Military Contract for Power Solutions in Satellite-Controlled Tactical Systems

MILPITAS, Calif. Dec. 28, 2020 — Digital Power Corporation(“Digital Power”) has been awarded $1.1 million contract to manufacture and supply a rugged fully customized DC to DC multiple output power switching solution for tactical military use.

Digital Power will provide the customized power switcher to power azimuth satellite-controlled systems in conjunction with tactical precision weaponry and warfare. Designed to operate in GPS-disturbed or jammed battlefield scenarios, the Digital Power customized power switcher features a persistent capability that will provide azimuth satellite-controlled systems with continuous and stable power through multiple power sources in harsh operating conditions. The Company believes the contract was awarded to Digital Power due to its 15-year proven track record and reputation of providing high-quality and reliable complex power solutions deployed in Modular Azimuth Position Systems (MAPS) for tactical warfare. Digital Power’s defense contracted partner provides defensive and offensive weapons for air, land, sea and space, and command/control systems.

Amos Kohn, President and CEO of Digital Power, said, “We are proud to be awarded this contract for our customized power switcher from a leading global aerospace and defense customer. The Azimuth Satellite-Controlled Systems project represents one of the most significant self-contained hybrid land navigation systems designed to provide autonomous position initialization and moving base alignment for land and amphibious vehicles in the battlefield. The compact and cost-effective design of this customized rugged power product is suitable for installation on a wide range of platforms and designed for use in varied combat situations.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Coolisys Technologies Corp. Announces Pilot Program to Test ACECool™ EV Chargers at Three Tim Hortons Quick Service Restaurant Locations

MILPITAS, Calif., Dec. 18, 2020 — Digital Power’s parent company, Coolisys Technologies Corp.® (“Coolisys®”) announced that it has entered into an agreement with a franchisee to install and test the ACECool electric vehicle (“EV”) chargers at three Tim Hortons quick service restaurant locations in Canada as what the Company hopes will be the first step of a revenue sharing program targeting both national and regional fast-food franchisees. According to Franchise Direct, Tim Hortons is the largest restaurant chain in Canada. The site survey, provisioning and construction are expected to begin in the first quarter of 2021. While the Company is encouraged by Coolisys’ pilot program, there is no assurance that it will be successful.

The Company expects that the program, assuming it develops as the Company presently anticipates, will allow franchise owners and operators to install the ACECool EV chargers and share in the net revenue from advertising and network usage. This program is anticipated to be a model for other strategic industry-focused and geo-focused networks. Coolisys is in discussions with multiple franchises and presently expects to announce other network partners in the first quarter of 2021.

Amos Kohn, President and CEO of Coolisys and Digital Power, said “We are optimistic about the launch of the ACECool EV charger pilot program for fast food franchisees. The opportunities for Coolisys in the growing EV marketplace are expected to drive significant sales growth over the next five years. We believe we are well positioned to address the increased demand for EV chargers, given our 50+ year history of providing innovative and highly-efficient power systems and solutions.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Digital Power’s Parent Company, Coolisys Technologies Corp.® to Test ACECool™ EV Chargers Targeting National Fast-Food Franchise

Milpitas, Calif. — Coolisys Technologies Corp.® (“Coolisys®”), has established a program targeting both national and regional fast-food franchisees to install the ACECool electric vehicle (“EV”) chargers as a part of a revenue sharing program. The program initially will be funded from the Company’s recent capital raising activities. The program is expected to be launched in California, Nevada and Canada. While the Company is excited about Coolisys’ new franchise program, there is no assurance that the program will be successful.

The Company expects that the program will allow franchise owners and operators to install the ACECool EV chargers and share in the net revenue from advertising and network usage. This same program is anticipated to be a model for other strategic industry-focused and geo-focused networks. Coolisys expects to launch its program with a national fast-food network franchisee that forms a part of a network with over 1,000 locations. Coolisys expects to announce other network partners in the first quarter of 2021.

Digital Power will be providing service and support for the Coolisys ACECool EV charger product line. With over 60 years of expertise in power technologies, Digital Power and Coolisys will provide the ultimate charging solutions for Electric Vehicles.

Global EV sales rose a dramatic 65% from 2017 to 2018, for a total of 2.1 million vehicles, with sales figures steady through 2019. The subsequent outbreak of the coronavirus pandemic, however, resulted in a 25% decline in EV purchases during the first quarter of 2020. Despite these setbacks, EV demand is again expected to rise according to a study by Bloomberg New Energy Finance, which sees improved batteries, more readily available charging infrastructure, new markets and price parity with internal combustion engine vehicles as the major growth drivers. The study estimates that EVs will comprise 10% of global passenger vehicle sales by 2025, rising to 28% in 2030 and 58% in 2040. In terms of expanding the current infrastructure to support EV deployment, McKinsey reported that by 2030 more the $30 billion will need to be spent on the rollout of EV chargers and, that by 2030, the US market for services to support the charging of EV fleets could be worth $15 billion.

Amos Kohn, President and CEO of Coolisys, said, “The opportunities for Coolisys in the burgeoning EV marketplace are anticipated to drive our sales growth over the next 60 months and beyond. We look forward to the potential changes coming from increased demand for EVs and the recent trends related to government support of the electrification of transport. I believe we are well positioned to leverage these opportunities as a 50+ year old company experienced and capable of creating innovative and highly-efficient power systems and solutions.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Digital Power Corporation Received a $1.4 Million Purchase Order from a Global Medical Device Company

MILPITAS, Calif., Oct. 28, 2020 — Digital Power Corporation(‘Digital Power’) announced that it has received a $1.4 million order from an existing global medical device customer.

Digital Power offers a variety of power electronic products, including high-grade custom power supplies, feature-rich power rectifiers and value-added system solutions, as well as off-the-shelf products from its in-house design team. Digital Power products are designed to serve mission critical applications for lifesaving and life-sustaining products across diverse markets. Digital Power medical and healthcare power products are tailored for specific applications and comply with rigorous medical safety standards and FDA requirements for medical electrical equipment.

Digital Power’ CEO, Amos Kohn said, “In addition to recent momentum in rolling out new products for electric vehicle chargers and energy storage systems, we are seeing an increase in demand for next-generation products in the medical and healthcare sector. The recent $1.4 million order is the result of a long-term relationship with a global customer, coupled with the company’s strong reputation for delivering custom high-reliability power solutions for the medical device industry.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Coolisys Technologies Corp. Announces Launch Date and Pricing of their ACECool™ Level 2 Residential Electric Vehicle Wall Mount AC Charging System

Available for Preorder Starting at $499 on November 15, 2020 and Available on Amazon Beginning January 1, 2021 at $599.

MILPITAS, Calif., Oct. 16, 2020  — Digital Power’s parent company, Coolisys Technologies Corp. (“Coolisys”), will begin accepting preorders for its ACECool™ level 2 residential electric vehicle (“EV”) wall mount charging system, beginning on November 15, 2020 and ending on December 31, 2020 at a starting price of $499. Coolisys further announced that it expects this product to be available for sale by Coolisys on Amazon beginning January 1, 2021 at a starting price of $599.

The Coolisys ACECool™ wall mount charging system is a level 2 AC charger that runs on 240 volts, compatible with the SAE J1772 standard, with the option to add an adapter to charge Tesla vehicles.

For those interested receiving a preorder notification, please sign up at https://www.coolisys.com/solutions/electric-vehicle-market/ev-charger-pre-order-signup/

Digital Power and Coolisys’ President and CEO, Amos Kohn said, “We are pleased to announce the launch date and pricing of our residential EV wall mount charging system. Coolisys’ compact, space saving wall mount AC charging system is easy to install and uses advanced charging technology in providing highly efficient and reliable charging service for electric vehicles. We believe our EV charger product line is well positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Digital Power’s Parent Company, Coolisys Technologies Corp. Announces New Energy Storage System (ESS) Product Line

New ESS Provides Comprehensive Solution for Home and Small Businesses

MILPITAS, Calif., Oct. 08, 2020 — Digital Power Corporation’s (“DPC”) parent company, Coolisys Technologies Corp. (“Coolisys”), has released the details of its new Energy Storage System (ESS) product line, that the Company believes is well-suited for homes and small commercial buildings. The new ESS solution can be coupled with Photovoltaic (“PV”) solar systems or can be used off-grid, grid-tied or as a string inverter.

Digital Power will be providing service and support for the Coolisys Energy Storage System product line. With over 60 years of expertise in power technologies, Digital Power and Coolisys will provide the ultimate Energy Storage Solution that increase the value of your power.

The new ESS product is comprised of three major elements including a hybrid inverter to support a wide-range of deployment scenarios, a battery pack for energy storage and a data logger featuring a web-based monitoring portal. The Coolisys hybrid inverter supports a load up to 5.5kW off-grid and 7kW grid-tied. The ESS product is designed for a wide range of applications, including off-grid, self-consumption, net-metering, power backup and time-of-use optimization.

The battery pack features an energy storage system with either one cabinet that can store power of up to 12kWh or two cabinets that can store up to 24kWh. The lithium ferrite phosphate battery pack is ideal for extreme conditions including those in rural or isolated locations.

The web-based monitoring portal provides remote access for system maintenance and performance monitoring.

Coolisys and DPC’s President and CEO, Amos Kohn said, “We are pleased to announce the introduction of a new comprehensive Energy Storage System to the Coolisys product portfolio. This new solution is well-positioned to address the rapid expansion of PV solar systems for private homes and small businesses. Our ESS improves the stability and reliability of power from a renewable energy source and during grid interruptions.” Mr. Kohn concluded, “Entering the energy storage market expands the breadth of our product offerings as we continue to build on our strong reputation for delivering high-reliability power solutions designed to serve emerging markets.”

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982

Digital Power’s Parent Company, Coolisys Technologies Corp. Announces New Hybrid AC and DC Electric Vehicle Charger HybridCOOL

Single Charging Station Will Produce Both Level 2 AC Charging and Level 3 DC Fast Charging

MILPITAS, Calif., Oct. 02, 2020 — Coolisys Technologies Corp. (“Coolisys”) is introducing a new hybrid alternating current (“AC”) and direct current (“DC”) electric vehicle (“EV”) charger. The new HybridCOOL EV charger is a single charging station that produces both an AC and a DC charge and includes multiple charging configurations, including a level 2 AC charging plug, compatible with the J1772 standard, and two level 3 DC fast charging plugs compatible with the CCS1 and CHAdeMO standards. This unique hybrid configuration can charge virtually any type of electrical vehicles, such as, Honda, Nissan, Mitsubishi, Toyota, Kia, Subaru, Ford, General Motors, Volkswagen, Audi, Jaguar and Tesla (with the appropriate Tesla charging adapter).

Coolisys’ new EV charger product line features a user-friendly interface displayed on a large touchscreen, advanced user authentication, and provides wired or wireless connectivity for communication with a central office to facilitate charging status updates in addition to remote assistance and software updates.

Digital Power Corporation (“DPC”), Coolisys’ Power Solution Group, will be providing service and support for the Coolisys EV charger product line. With over 60 years of expertise in power technologies, DPC and Coolisys will provide the ultimate EV charging solution to enabling e-Mobility of tomorrow with smarter and greener EV charging infrastructure solutions.

HybridCOOL Product Line:

80kW three-phase AC and DC fast EV charging

 

President and CEO of Coolisys and DPC, Amos Kohn said, “We are pleased to announce the introduction of the new HybridCOOL EV charger to our growing EV charger product line. The new hybrid EV charger provides flexibility as it will produce both an AC and DC charge and is compatible with the J1772, CCS1 and CHAdeMO standards. We believe our expanded product line is well-positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally.”

 

About Digital Power Corporation

Digital Power Corporation, a wholly owned subsidiary of Coolisys Technologies Corp. designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Its products are used in the most demanding telecom, industrial, medical and military applications where customers require high density, high efficiency and ruggedized power solutions. DPC’s headquarter is located at 1635 South Main Street, Milpitas, CA 95035; www.digipwr.com.

Contacts:

Sales@digipwr.com or 877-634-0982