DPW Holdings’ Coolisys Power Electronics Business to Host Webinar Regarding Its Entry into the Electric Vehicle Charger Mar...
July 24 2020 - 6:30AM
DPW Holdings, Inc. (NYSE American: DPW) a diversified holding
company (“
DPW,” or the
“
Company”), announced that its power electronics
business, Coolisys Technologies Corp.
(“
Coolisys”), will host a webinar discussing its
new product line of electric vehicle (“
EV”)
chargers. On July 20, 2020, the Company announced that Coolisys was
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. In the press
release, the Company noted that the EV charging station 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 (CAGR)
of 34.7%.
The webinar will be held on August 4, 2020 at
2:00 p.m. PT. For those interested, please register in advance at
https://zoom.us/webinar/register/WN_S58hTuYsSa24DC9JIibeOQ.
The topics of conversation will include
Coolisys’ roll out of the new products and plans for the next few
years. Coolisys’ subsidiary, Digital Power Corporation, has been
providing innovative power solutions since 1969 and the Company
believes it is uniquely positioned to address the emerging EV
charger market. The webinar presenters will include Amos Kohn,
Coolisys’ President and CEO; Milton “Todd” Ault, III, DPW’s CEO and
Chairman; and Darren Magot, Chief Executive Officer of Ault Global,
Inc.
For more information on DPW Holdings and its
subsidiaries, the Company recommends that stockholders, investors
and any other interested parties read the Company’s public filings
and press releases available under the Investor Relations section
at www.DPWHoldings.com or available at www.sec.gov.
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. Coolisys
specializes in producing lifesaving, 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.
About DPW Holdings, Inc.
DPW Holdings, Inc. is a diversified holding
company pursuing growth by acquiring undervalued businesses and
disruptive technologies with a global impact. Through its wholly
and majority-owned subsidiaries and strategic investments, the
Company provides mission-critical products that support a diverse
range of industries, including defense/aerospace, industrial,
telecommunications, medical, and textiles. In addition, the Company
extends credit to select entrepreneurial businesses through a
licensed lending subsidiary. DPW’s headquarters are located at 201
Shipyard Way, Suite E, Newport Beach, CA 92663;
www.DPWHoldings.com.
Forward-Looking Statements
This press release contains “forward looking
statements” 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. These
forward-looking statements generally include statements that are
predictive in nature and depend upon or refer to future events or
conditions, and include words such as “believes,” “plans,”
“anticipates,” “projects,” “estimates,” “expects,” “intends,”
“strategy,” “future,” “opportunity,” “may,” “will,” “should,”
“could,” “potential,” or similar expressions. Statements that are
not historical facts are forward-looking statements.
Forward-looking statements are based on current beliefs and
assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and the Company undertakes no obligation to update any of them
publicly in light of new information or future events. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors. More
information, including potential risk factors, that could affect
the Company’s business and financial results are included in the
Company’s 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 at www.sec.gov and on the
Company’s website at www.DPWHoldings.com.
Contacts:
IR@DPWHoldings.com or 1-888-753-2235
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