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.

 

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

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

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

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 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.

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%.

Coolisys’ innovative charging solution is expected to produce a full charge for an EV with a 150-mile range battery in just over 30 minutes. It includes a wide range of solutions including level 2 AC charging plug (140V AC power) compatible with the J1772 standard and level 3 DC fast charging plugs (480V DC or higher) compatible with the CCS and CHAdeMO standards. Coolisys EV charging product series 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).

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

Hybrid Product Line:
80kW triple-phase AC and 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 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. 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 Corporation (“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%.

Coolisys’ innovative charging solution is expected to produce a full charge for an EV with a 150-mile range battery in just over 30 minutes. It includes a wide range of solutions including level 2 AC charging plug (140V AC power) compatible with the J1772 standard and level 3 DC fast charging plugs (480V DC or higher) compatible with the CCS and CHAdeMO standards. Coolisys EV charging product series 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).

 

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

 

Hybrid Product Line:

80kW three-phase AC and 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 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