Contract Win
January 19 2009 - 2:00AM
UK Regulatory
TIDMTPS
RNS Number : 8285L
Turbo Power Systems Inc
19 January 2009
19 January 2009
Turbo Power Systems Inc
("Turbo Power Systems" or "TPS" or "Company")
Turbo Power Systems wins US$4 million next generation laser power supply order
Turbo Power Systems Inc. ("TPS"), the power electronics and electrical machines
company has won an order worth in excess of US$4 million over the next two years
to supply the fourth generation of its' high voltage power supplies to the US
industrial laser manufacturer PRC Laser Corporation ("PRC").
This is the follow on contract to the existing third generation high voltage
power supplies which was announced in September 2006. The first deliveries of
the new units are planned for the beginning of the second quarter of 2009
continuing for a period of 24 months.
PRC is a leading manufacturer of industrial CO2 lasers for a wide variety of
material processing applications including cutting, welding and converting. PRC
is focused on building reliable lasers and helping manufacturers around the
world implement laser based solutions.
"The continued commitment shown to TPS for the enhanced performance development
and manufacturing of its' high voltage power supplies shown by PRC reflects the
business and technology partnership shared between our high technology
companies" said Paul Summers, Chief Executive of TPS.
About Turbo Power Systems
Turbo Power Systems Inc. (AIM:TPS.L) is a leading UK based designer and
manufacturer of innovative power solutions. The Groups products are based on
its' core technologies of power electronics and high performance electric motors
and generators targeted at the defence, energy, industrial and rail markets.
For further information please contact:
Turbo Power Systems Tel: +44 (0)20 8564 4460
Alan Baird, Marketing Communications Email: abaird@turbopowersystems.com
Gavin Anderson & Company (PR) Tel: +44 (0) 207 554 1400
Ken Cronin
Michael Turner
KBC Peel Hunt Tel: +44 (0) 207 418 8900
Oliver Scott
Nicholas Marren
Company Website: www.turbopowersystems.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
CNTEASFPFLSNEFE
Turbo Power Systems (LSE:TPS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Turbo Power Systems (LSE:TPS)
Historical Stock Chart
From Jul 2023 to Jul 2024