SatCon Launches New Standardized Product Line of Low Cost Linear Regulators
October 05 2005 - 9:41AM
Business Wire
SatCon Technology Corporation(R) (Nasdaq NM: SATC) today announced
that SatCon Electronics, a wholly owned subsidiary and a designer
and manufacturer of high reliability electronic components has
launched a new product line of standardized, low cost linear
regulators that will be used as power conditioning equipment for
high-tech electronics. This new line of electronics is part of the
overall strategy of SatCon Technology to move toward more standard
product lines for large-scale production of high reliability
electronic components. These regulators were designed to meet the
specifications for the U.S. Military's Commercial-Off-The-Shelf
(COTS) components. The COTS program was developed to promote the
use of high reliable commercial products in the large military
market wherever applicable. "It is our objective to introduce
several new standard products for SatCon Electronics in both the
COTS arena and the high reliability Aerospace and Military markets.
This marks the first launch of many new products that we expect to
introduce over time. We are excited about this launch because it
strengthens our product portfolio, and it provides an entree into
the COTS market. With this product line, we expect to open doors to
many new customers and engage in additional programs within our
existing customer base," commented Millard Firebaugh, President and
COO. Firebaugh further stated, "Being a Class-K facility (certified
to produce spaceflight-ready electronics), the focus of SatCon
Electronics is to become the industry leader as a manufacturer and
designer of electronic components for high reliability, high
performance new products. The diversification into the COTS arena
is a step to that direction. The products introduced are
synergistic with our focus on power management solutions, and they
bring balance to our product portfolio." For additional product
information, contact: SatCon Electronics 165 Cedar Hill Street
Marlborough, Massachusetts, 01752 T: (508) 485-6350, Ext. 240 About
SatCon Technology Corporation SatCon Technology Corporation is a
developer and manufacturer of electronics and motors for the
Alternative Energy, Hybrid-Electric Vehicle, Grid Support, High
Reliability Electronics and Advanced Power Technology markets. For
further information, please visit the SatCon website at
www.satcon.com. Statements made in this document that are not
historical facts or which apply prospectively are forward-looking
statements that involve risks and uncertainties. These
forward-looking statements are identified by the use of terms and
phrases such as "believes," "expects," "plans," "anticipates" and
similar expressions. Investors should not rely on forward looking
statements because they are subject to a variety of risks and
uncertainties and other factors that could cause actual results to
differ materially from the Company's expectation. Additional
information concerning risk factors is contained from time to time
in the Company's SEC filings. The Company expressly disclaims any
obligation to update the information contained in this release.
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