Digital Power Electronics Business Announces New High-Density Power Supply Product Line

Milpitas, Calif., Sept. 17, 2020 – Digital Power Corp. (“DPC”), a wholly owned subsidiary of Coolisys Technologies Corp. (“Coolisys”) is introducing its new industry leading High Density (“HD”) AC/DC power supply/switcher product line targeting the medical, industrial and telecom sectors. This new product series is designed for very high operating efficiency and power density with universal input and built-in active power factor correction (“PFC”).

The new HD Series is a power switcher product line that can produce a single output of 12VDC, 24VDC, or 48VDC and offers high power in high-density packaging even under natural convection cooling conditions. The new product line features a compact, low profile footprint, and best-in-class performance, optimized for broad industrial, telecommunication and medical applications. Additionally, the ability to operate within a wide temperature range make this new HD Series ideal for commercial off-the-shelf (“COTS”) implementations for the defense industry.

The overall power supply market was estimated at $28.8 billion in 2019.

The DPC HD Series product line is available in three types of packaging: open frame, u-bracket and enclosed, and includes the following:

HD Series Industrial/Telecom Product Line:

HD 130 Series – 130 watts in 2”x3” packaging size


HD 240 Series – 240 watts in 2”x4” packaging size

HD 500 Series – 500 watts in 3”x5” packaging size

 

HDM Medical Series Product Line:


HDM 120 Series – 120 watts in 2”x3” packaging size


HDM 240 Series – 240 watts in 2”x4” packaging size


HDM 500 Series – 500 watts in 3”x5” packaging size

 

Key Features:

  • Available in three types of packaging: open frame, u-bracket and enclosed
  • Ultra-compact size available in three standard sizes: 2”x3”, 2”x4” and 3”x5”
  • Universal input 90-264VAC
  • High efficiency, up to 94%
  • Low power consumption with no load – less than 0.3 watts
  • Low leakage current – less than 0.1mA fits to medical applications
  • Built-in active PFC
  • Features power supply shut down when the internal temperature exceeds the maximum safe operating temperature
  • Shuts down the power supply, or suspends the output, when the voltage exceeds a preset level
  • Prevents damage resulting from excessive power output
  • Non pressurized operating altitude up to 16,400 feet
  • Safety approvals including:
    º Medical electrical equipment: UL/IEC/EN 60601 3.1 Edition
    º Information and communication technology and audio/video: UL/IEC/EN 62368-1

President and CEO of Coolisys and DPC, Amos Kohn said, “We are pleased to announce the introduction of our new high-performance HD Series product line. These new products are well positioned for power applications within the medical, industrial and telecommunications markets. With our custom and value-added services, these products are suitable for implementation with COTS defense applications as well. The introduction of these robust single output switchers continues our strong reputation for delivering high-reliability power solutions designed to serve mission-critical applications in harsh environments.”

About Digital Power Corp.

DPC is primarily engaged in the design and manufacture of innovative, feature rich, and top-quality power products for mission critical applications in the harshest environments and lifesaving, life sustaining applications across diverse markets including defense-aerospace, medical-healthcare, industrial-telecommunications, and automotive. 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 Partner Testing and Expected Orders for Electric Vehicle Charger Product Line

Coolisys to Test Performance of Fast Chargers Including CHAdeMO, CCS, J1772 and Tesla Standards

MILPITAS, Calif., Sept. 04, 2020 — Coolisys Technologies Corp. (“Coolisys”), along with partner companies, will be conducting tests of its new electric vehicle (“EV”) charger product line, including innovative charging solutions that are expected to produce a full charge for an EV with a 150-mile range battery in just over 30 minutes. The testing will take place at Coolisys’ new headquarters in Milpitas, CA. Coolisys expects that it will receive initial orders for its EV charger products beginning in the fourth quarter of 2020.

Digital Power Corp. (“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.

The EV charging stations market is projected to reach $27.7 billion by 2027 from an estimated $2.5 billion last year, growing at a compound annual growth rate of 34.7%.

The Coolisys EV charger product line includes level 2 (240V AC) EV chargers for residential and commercial usage and level 3 (480V DC or higher) fast-charging solutions for commercial applications. Coolisys EV charger solutions include multiple types of connector standards including CHAdeMO (e.g., Honda, Nissan, Toyota, others), CCS (e.g., BMW, Ford, GM, Jaguar, Volkswagen, others), J1772 and Tesla.

The Coolisys product line includes the following:

AC product line:
7kW single-phase AC slow EV charging
22kW single-phase AC slow EV charging
42kW single-phase AC slow EV charging

DC product line:
60kW triple-phase DC fast EV charging
80kW triple-phase DC fast EV charging
120kW triple-phase DC fast EV charging
160kW triple-phase DC fast EV charging
180kW triple-phase DC fast EV charging
240kW triple-phase DC fast EV charging
320kW triple-phase DC fast EV charging

Coolisys’ President and CEO, Amos Kohn said, “We are looking forward to testing our new EV charger products with our key partner companies. These new products are well-positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally. Our entrance into the EV charger market significantly expands the breadth of our product offerings and we expect to receive initial orders for these products in the fourth quarter of 2020.”

About Coolisys Technologies Corp.

Coolisys and its portfolio companies and divisions are primarily engaged in the design and manufacture of innovative, feature rich, and top-quality power products for mission critical applications in the harshest environments and life-saving, life sustaining applications across diverse markets including defense/aerospace, medical/healthcare, industrial, telecommunications and automotive. Coolisys’ headquarters are located at 1635 South Main Street, Milpitas, CA 95035; www.Coolisys.com.

Contacts:

info@coolisys.com or 877-634-0982

 

 

Coolisys Technologies Corp. Introduces Electric Vehicle Charger Product Line

Fremont, CA, July 20, 2020 – Coolisys Technologies Corp. (“Coolisys” or the “Company”), a diversified power system solutions company, is introducing a new product line of electric vehicle (“EV”) chargers including an innovative charging solution that is expected to produce a full charge for an EV with a 150-mile range battery in just over 30 minutes. Digital Power Corp. (“DPC”), Coolisys’ Power Solution Group, will be providing service and support for the Coolisys EV charger product line.

The EV charging stations market is projected to reach $27.7 billion by 2027 from an estimated $2.5 billion last year, growing at a compound annual growth rate of 34.7%.

The Coolisys EV charger product line includes a wide range of solutions from level-1 EV chargers for household usage (120V AC power) to level-3 super charging for commercial applications (480V DC or higher). Coolisys provides three types of connector standards for fast DC chargers including CHAdeMO (e.g., Honda, Nissan, Toyota, others), CCS (e.g., BMW, Ford, GM, Jaguar, Volkswagen, others) and Tesla.

 

The Coolisys product line includes the following:

AC product line:

7kW single-phase AC slow EV charging

22kW single-phase AC slow EV charging

42kW single-phase AC slow EV charging

 

DC product line:

60kW three-phase DC fast EV charging

80kW three-phase DC fast EV charging

120kW three-phase DC fast EV charging

160kW three-phase DC fast EV charging

180kW three-phase DC fast EV charging

240kW three-phase DC fast EV charging

320kW three-phase DC fast EV charging

 

Coolisys’ President and CEO, Amos Kohn said, “We are pleased to announce the introduction of EV chargers to our Coolisys product line. These new products are well positioned to address the expected rapid expansion of infrastructure required to support broad adoption of electric vehicles globally. Entering the EV charger market significantly expands the breadth of our product offerings as we look to introduce additional products for the automotive industry and continue our strong reputation for delivering high-reliability power solutions designed to serve mission critical applications in the harshest environments.”

 

About Coolisys Technologies Corp.

Coolisys and its portfolio companies and divisions are primarily engaged in the design and manufacture of innovative, feature rich, and top-quality power products for mission critical applications in the harshest environments and life-saving, life sustaining applications across diverse markets including defense-aerospace, medical-healthcare, industrial, telecommunications, and automotive. Coolisys’ headquarters are located at 48430 Lakeview Boulevard, Fremont, CA, 94538; www.Coolisys.com.

 

Contacts:

info@coolisys.com or 877-634-0982

 

Update on COVID-19 (Coronavirus)

April 29, 2020

Digital Power Corporation – Update on COVID-19 (Coronavirus)

Dear Valued Customers and Partners,

The spread of COVID-19 continues to be a very fluid situation. We wish everyone the best as they attempt to navigate through these trying times.

As the fight against the global COVID-19 pandemic goes on, the demand for medical devices including ventilators, respirators, test equipment, Personal Protection Equipment (PPE), and more continues to increase. Digital Power and many other organizations are making tremendous efforts to develop the critical and lifesaving devices essential to support COVID-19 patients.

From the manufacturing floor all the way up to our executive team, we are dedicated to the safety of our employees and worldwide community while we continue to support our customers in the midst of this crisis, especially those in industries critical to fighting the disease.

Our operations remain up and running. To assist OEMs, makers, and volunteer groups working to combat COVID-19, we are dedicating the full force of our resources to prioritize orders, streamline our free sample program, provide technical support, and address any other urgent needs of organizations combating COVID-19.

To ensure the health of our employees, we have put the necessary infrastructure in place to allow the majority of our employees to work remotely. For our remaining onsite operations staff, we have procedures in place so they can continue to receive and ship goods in a safe manner.

We are working closely with our manufacturing sites to ensure similar safety measures are put in place. As we have manufacturing operations in mainland China and utilize forwarding and transportation companies that have not yet resumed normal operation, please be aware lead times and orders may be impacted. We can confirm that all of our factories are operational, though some sites are still running below full capacity due to labor and raw material shortages.

Your projects, timelines, and orders are very important to us. Please rest assured we are actively working to minimize disruptions to our customers in every way possible, including:
• Daily monitoring of local and national regulations that may impact operations
• Daily contact with our manufacturing facilities
• Moving open orders to priority shipping to reduce transit times as much as possible
• Continued transparency on the status of orders and lead times

Thank you for your understanding during these very challenging times. Your Digital Power Account Manager will provide any delivery schedule updates if there is any impact to your orders.
Or please contact us with any questions or concerns.

Sincerely,
Amos Kohn
President and Chief Executive Officer

Digital Power Sees Increased Offshore Manufacturing Capacity and Higher Demand for Oxygen Concentrator and Ventilator Power Supplies

Fremont, CA, April 7, 2020 — Digital Power Corp. (“DPC”), is seeing offshore manufacturing partners, particularly in Asia, are back to near full capacity. In addition, DPC is realizing an increase in demand from its customers in the medical industry, specifically related to power supplies for oxygen concentrators and ventilators, with approximately $1.4 million in orders.

 

Our global supply chain was partially disrupted earlier this year by the COVID-19 outbreak in China and other Asian countries; however, based on improved conditions related to the COVID-19 pandemic in Asia, we have recently resumed the production of key products by Digital Power’s Chinese and Taiwanese manufacturing partners, including power applications for the medical industry.

 

Digital Power engineers have been designing and developing power supply products for the medical industry for over 12 years. Digital Power products have helped pave the way for advancements in a wide variety of medical applications, including surgical equipment, patient monitoring and therapy systems, patient beds and ventilators.

 

Digital Power products are designed to serve mission critical applications for lifesaving and life-sustaining applications across diverse markets. Digital Power medical power supplies meets IEC 60601-1 safety requirements for medical applied parts. Using power supplies that adhere r to the EN60601-1 safety standard helps medical device and system manufacturers speed compliance testing of their own products.

 

Digital Power’s CEO, Amos Kohn said, “In addition to recent defense industry orders, we are seeing an increase in demand for our products in the medical and healthcare sector. We are also pleased to report that our offshore manufacturing partners are back to near full capacity to enable us to continue our strong reputation for delivering custom high-reliability power solutions for the medical industry.”

Digital Power Corp. Has Received a $1,283,000 Purchase Order from a Defense Contractor

Fremont, CA, April 1, 2020 —  Digital Power Corporation (“DPC”), has received an initial order of $1,283,000 to provide comprehensive electrical and electronic systems for powering an onboard radio and other classified instruments installed and operated in customized military multi-mission vehicles. The customer has the option to increase the order amount to approximately $2,000,000. These vehicles are designed to serve elite and special forces units operating in urban warfare and close quarters combat. They are designed to be airmobile, capable off-road vehicles that can handle extreme terrain in a general reconnaissance role.

 

The solution provided by Digital Power will include an electrical system featuring electronic hardware and an imbedded management software that is approved and qualified by a Foreign Military Teleprocessing Branch, after extensive testing. A defense contractor specializing in customized off-road vehicles will be implementing Digital Power’s solution in the multi-mission vehicles.

 

Digital Power offers a variety of power electronic products including ruggedized, modified and off-the-shelf, or complete custom designs, from its in-house design team. Coolisys’ products are designed to serve mission critical applications in the harshest environments and for life-saving and life-sustaining applications across diverse markets.

 

Digital Power’s CEO, Amos Kohn said, “The recent order is the result of a long-term relationship, the company’s strong reputation for delivering custom high-reliability power solutions for the global defense industry and DPC’s expansion into this military business sector.”

New Growth Shows Digital Power is Recharged with Opportunities

“We must ensure that our courageous servicemen and women have the tools they need to deter war and, when called upon to fight in our name, only do one thing: win.” That was President Trump during his first speech to Congress in February. He followed up these words with a proposal to boost military spending by $54 billion next year. The increase is an effort to revitalize and shore up the nation’s armed forces. The budget would put the United States military budget at an estimated $639 billion, which would dwarf China, Russia and Britain. In fact, the United States spends more on its military than the next seven highest spenders worldwide. The reason for this gargantuan budget, in a time where conflicts are waning, is because of the United States’ global presence. While the U.S. military currently has over 200,000 active troops deployed in over 170 countries, the Department of Defense projects that the active duty end strength in the armed forces for 2017 to be 1,281,900 people, with an additional 801,200 people in the seven reserve components. One aspect of the increased budget would bolster deployments and stock troops with more advanced weaponry and supplies.

In effect, increased military spending can fuel defense research and promote new technology. As new technology and defense solutions improve, one aspect of the terrain will remain unchanged: the need for a reliable power supply. The core of every military operation is its power supply. Mission critical systems necessitate rugged high performance power platforms that will function and withstand the unforgiving environments in which our troops are called to serve. One company in this field that has an exciting new trajectory is Digital Power Corporation (NYSE Mkt:DPW). The California-based company develops a wide range of tough power supplies engineered for combat environments that meet numerous MIL-STD requirements.

Digital Power designs and manufactures best in class AC/DC or DC/DC power solutions from 20W to 80kW including but not limited to:

Full custom power solutions
Military Grade Uninterruptible Power Supplies (UPS)
Static Frequency Converters (SFC)
Transformer Rectifier Units (TRU)
AC-DC power switchers
DC-DC converters
Desktop adaptors
Compact PCI
Distributed power front-end power supplies
Capacitor chargers
Solar systems
Isolated power bricks
These products can work in a variety of sectors, primarily Health Care, Industrial and Telecommunications, Aerospace, as well as Defense, Automotive and Utilities. But recent developments at the company indicates that the potential applications of Digital Power’s technology to be much greater, and could provide the company opportunities to enter new markets to expand.

Digital Power Corporation Reports Financial Results for First Quarter 2017

Company Announces $57M in Order Backlog

Company Comments on Historic $50M MTIX Purchase Order

FREMONT, Calif., May 17, 2017 (GLOBE NEWSWIRE) — Digital Power Corporation (NYSE MKT:DPW) (hereinafter: “Digital Power” or the “Company”), a growth company seeking to increase revenues through acquisitions and organic growth, today announced its financial results for the first quarter ended March 31, 2017 and provided an investor update highlighting its major accomplishment for the quarter and the Company’s future.

Digital Power’s revenues for the first quarter 2017 were $1,628,000, a decrease of 5% from revenues of $1,713,000 for the first quarter 2016. The Company recorded an operating loss of $787,000 for the first quarter 2017 compared to an operating loss of $200,000 for the comparable 2016 period. Non-GAAP operating losses were $630,000 and $156,000 for the first quarters of 2017 and 2016, respectively. The net loss for the first quarter 2017 was $994,000 compared to the loss of $193,000 for comparable 2016 period. Non-GAAP net losses were $629,000 and $149,000 for the first quarters of 2017 and 2016, respectively. Gross margins in first quarters of 2017 and 2016 were 43.5% and 36.2% respectively. The Company raised $950,000 in new capital for the quarter ended March 31, 2017 in comparison to no capital being raised for the same quarter in 2016.

Commenting on the results, President and CEO Amos Kohn stated: “Our net loss for the first quarter of 2017 included $157,000 of stock option expenses and $208,000 of non-cash interest expenses that is primarily from our capital raising efforts and represents approximately 36% of the first quarter net loss. Excluding these non-cash related expenses, our net loss would have been $629,000 for the first quarter of 2017. While this loss may appear large to some, its magnitude was anticipated and reflects the cost of the Company to restructure and transition to the new directives and strategies borne from the Company’s change in control last year. We are pleased that the Company’s cash balance improved from the prior 2016 fourth quarter to over $1.13M and investments improved from the prior quarter to over $1.67M. We are confident in the Company’s new direction and new initiatives.”

The Company stated there were successes this quarter with the most important being awarded the largest purchase order in its history from MTIX, Ltd. On March 15, 2017, the Company reported it had received an order for $50MM over 3 years to manufacture, install and service textile treatment systems that utilize MTIX’s proprietary Multiplexed Laser Surface Enhancement (MLSE®) platform. MTIX has developed a cost-effective and environmentally friendly material synthesis technology featuring a virtual dry process and breakthrough technology for textile applications utilizing the MLSE® process which uses a combination of high voltage, high frequency electrical discharge plasma and laser energy to imbue textiles with desirable technical characteristics. The order demonstrates the Company’s production versatility while dramatically doubling the anticipated revenues for the 2017 fiscal year. The Company noted it considers the MSLE® platform disruptive sustainable technology that offers several key benefits to manufacturers including lower energy and water costs and usage. The Company believes these benefits not only make the MSLE® platform an alternative “more eco-friendly” process for fabrics and various surfaces, it will attract and drive demand from a few of the world’s largest polluting industries including textiles and clothing. The Company is working with MTIX, Ltd. to execute the purchase order and will announce timelines and other production details over the coming weeks and months, as they are available.

“We understand that the losses reported seem significant, however, we believe they were necessary to propel the Company toward the goals we have outlined for 2017. We believe the losses are not as significant as the progress the Company has made to revitalize itself. We are executing on our plan to rebuild the company, acquire new capital to support its infrastructure, its acquisition strategy and its equity listing requirement while aggressively expanding through strategic and accretive acquisitions after almost 16 years of capital stagnation and declining gross sales. The ability of the Company’s current management has been unleashed to capture and leverage the various opportunities through organic growth and through acquisition while developing new products internally. We are pleased with the leadership provided by the Company’s CEO and look forward to the remainder of 2017,” said Milton “Todd” Ault, III the Company’s Executive Chairman. Ault added, “We suggest investors note the Company has reported a current backlog of almost $57M in pending orders and anticipates a growth in this number as well over the remaining quarters of this and the following fiscal year. This backlog will be significant in the coming months as these orders are completed and revenue is recognized. The current backlog is due to a mix of new customers and new products being sold. The current 10-Q report does not include anticipated revenues from consolidation with our new acquisitions which will be reported as early as our 2nd quarter.”

The Company stated it believes its premises regarding MTIX and its acquisition strategy are supported by the recent report issued by Zacks Research. The report dated May 5, 2017 cited among several observations the importance of the MTIX order to the Company’s future. The report noted the potential for additional orders and revenues from MTIX due to the various financial and social benefits provided by the new proprietary MSLE® technology that Zacks deemed disruptive if the anticipated results are realized.

For the remainder of 2017, as previously reported, the Company is pursuing an increase in revenues by seeking to attract new customers and implementing an aggressive acquisition strategy to build upon its anticipated organic growth. In implementing this strategy, the Company has hired a number of additional personnel and consultants to assist in identifying, analyzing, negotiating and acquiring potential companies. The Company will need to continue to raise a substantial amount of capital for acquisitions and to support its infrastructure. As a result of its projected growth, its anticipated net income may not match its growth in gross revenues and may continue to experience losses through 2017 and 2018 until these acquisitions have been integrated into operations or until cost reduction and efficiency changes have been implemented.

Use of Non-GAAP Measures

This press release provides financial measures for operating loss and net loss, which exclude stock-based compensation expense, impairment expenses and amortization for acquired intangible assets, and are therefore not calculated in accordance with generally accepted accounting principles (GAAP). Management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance because it reflects our ongoing operational results, operating loss and net loss. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. A reconciliation of each GAAP to non-GAAP financial measure discussed in this press release is contained in the accompanying financial tables.

About Digital Power

Headquartered in Fremont, CA, Digital Power Corporation designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Our products are used in the most demanding communications, industrial, medical and military applications where customers demand high density, high efficiency and ruggedized power solutions. The Company’s wholly owned subsidiary, Digital Power Limited which does business as Gresham Power Electronics, is based in Salisbury, UK. Digital Power’s headquarters is located at 48430 Lakeview Blvd., Fremont, California, 94538; 1-877-634-0982. Website: www.digipwr.com.

For Investor Relations inquiries: IR@digipwr.comor 1-888-753-2235.

Forward Looking Statements

The foregoing release contains “forward looking statements” regarding future events or results within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning Digital Power Lending’s ability to achieve profitability, or that Microphase can become more efficient and can contribute the Company’s bottom line. The Company cautions readers that such “forward looking statements” are, in fact, predictions that are subject to risks and uncertainties and that actual events or results may differ materially from those anticipated events or results expressed or implied by such forward-looking statements. The Company disclaims any current intention to update its “forward looking statements,” and the estimates and assumptions within them, at any time or for any reason. More information about potential risk factors that could affect the Company’s business and financial results are included in the Company’s most recent filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available on the Company’s website at www.digipwr.com.

Digital Power Corporation announces higher power additions to its Capacitor Charger product Family

FREMONT, Calif., February 1, 2017 — Digital Power Corporation (NYSE MKT: DPW) announced the release of high power additions to its advanced capacitor chargers product family, designed for medical laser system and industrial applications.

This family of products features a series of highly efficient, high power and compact capacitor charger power supplies. These products charge capacitive loads to high voltages with excellent pulse-to-pulse repeatability at very high repetition rates, allowing load capacitors to be charged in the fastest time possible.

The products support output voltages ranging from 500 volts to 1,000 volts and offer charge rates from 1,500 Joules/sec to 2,200 Joules/sec. The new models increase the power output capability from 3000 Watts to 6000 Watts and introduce two new case sizes. 1500 and 2000 Watt models are available in a 12.7” x 5.75” x 4.1” package and 3000, 4000 and 6000 Watt models are available in a 17.3” x 16.5” x 3.7” outline. These products have built in airflow and operate over a 0 to 50̊C ambient temperature range.

The capacitor chargers deliver clean and efficient power for pulsed YAG lasers, flashlamp pumped laser systems, intense pulsed light excimer lasers for photolithography, pulsed UV lasers for curing and sterilization, pulsed energy lasers for cosmetic and surgical treatments, and other pulsed energy applications in medical an industrial markets.

Digital Power Corporation will display these products at the MD&M West show February 7–9, at Anaheim Convention Center, Anaheim CA, booth 381.

About Digital Power Corporation
Headquartered in Fremont, California, Digital Power Corporation 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. Its wholly owned subsidiary Digital Power Limited, is located in the UK.
Contact: Digital Power Corporation, 48430 Lakeview Blvd., Fremont, California 94538.

1-877-634-0982 E-mail: sales@digipwr.com
Website: www.digipwr.com.