Coolisys Technologies Has Received Recent Purchase Orders Totaling Approximately $2.2 Million
Fremont, CA, February 27, 2020 — Coolisys, Inc. (“Coolisys”), has received recent purchase orders totaling approximately $2.2 million from multiple customers for customized products in multiple industries including medical instruments, telecommunications, industrial equipment and defense.
Coolisys, offers a variety of power electronics products including off-the-shelf, ruggedized and modified, or complete custom designs, from an in-house design team.
The recent orders include an order from a defense customer for a full custom designed product for a military lightweight and compact uninterruptable power supply to power mission-critical and tactical communication systems for combat field deployment. Another recent order is for a power system designed to power optical transport systems used in broadband networks in addition to some other custom solution orders the company had recently received. DPW’s management believes that its recent restructuring of debt and improvement to its capital structure puts the Company in a stronger position to execute on expected growth in backlog from Coolisys customers.
Coolisys’s CEO, Amos Kohn said, “The recent increase in orders is the result of long-term relationships and a strong reputation for delivering custom high-reliability power solutions for the global defense, medical, industrial and telecommunications industries.”