Aurora Photovoltaic Inverter Maximizes Solar Energy Harvesting.LOS ANGELES Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. -- Magnetek, Inc. (NYSE NYSE See: New York Stock Exchange :MAG) today formally unveiled its Aurora(TM) 3.0 kilowatt photovoltaic The generation of voltage by a material that is exposed to light in the visible and invisible ranges. See photoelectric and photovoltaic cell. (PV) inverter (1) A logic gate that converts the input to the opposite state for output. If the input is true, the output is false, and vice versa. An inverter performs the Boolean logic NOT operation. (2) A circuit that converts DC current into AC current. Contrast with rectifier. for the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. market at the Solar 2004 trade show in Portland, Oregon. The Aurora PV inverter changes direct current (DC) produced by solar panels into utility-grade alternating current (AC). Connectivity to the utility grid enables the new Aurora PV inverter to feed power into the grid as well as to power local loads independent of the grid. Magnetek's alternative energy business manager, Mark Haug, expects early market acceptance of the new Aurora inverter by photovoltaic system builders, their distributors, and solar system solar system, the sun and the surrounding planets, natural satellites, dwarf planets, asteroids, meteoroids, and comets that are bound by its gravity. The sun is by far the most massive part of the solar system, containing almost 99.9% of the system's total mass. integrators in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and internationally. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Mr. Haug, the Aurora inverter represents the most advanced technology available in the PV industry, featuring the unique capability to maximize, by means of proprietary circuitry and software algorithms, the amount of useable (AC) electricity harvested from solar panels under all ambient light conditions. The Aurora line includes six basic models: two indoor models, two outdoor transformerless models optimized for the European market, and two outdoor models equipped with high-efficiency isolation transformers optimized for the North American market. All Aurora models offer unmatched energy harvesting Energy harvesting (also known as Power harvesting or energy scavenging) is the process by which energy is captured and stored. Frequently this term is applied when speaking about small autonomous devices, like those used in sensor networks. capability -- especially under varying light and weather conditions -- inherently high power conversion efficiency, compact size and lightweight, ease of installation, and reliability based on robust system design. "With Aurora we are meeting the fundamental needs of the expanding PV market worldwide: a quality inverter designed and built to last as long as the PV plant itself, and packed with state-of-the-art technology," states Sauro Macerini, lead engineer of the Aurora design team. Adds director of marketing, Raffaele Salutari, "Aurora is really the heart of our alternative energy strategy. We believe it will be the inverter of choice in the PV market worldwide, and we intend to stay abreast of the fast-moving PV wave with future Aurora line expansions." Concurrently with the Solar 2004 trade show, Magnetek has launched a new website featuring Aurora and other advanced products for the alternative energy market, such as power interfaces for wind turbines and fuel cells, at http://www.alternative-energies.com/. Magnetek, Inc. manufactures digital power products and systems used in distributed power generation, industrial controls, medical electronics, semiconductor processing, consumer products, transportation, communications, information technology and other applications requiring highly reliable, precise, energy-efficient power. The Company operates manufacturing and research facilities worldwide and reported total revenue of $202 million for its 2003 fiscal year, which ended on June 30, 2003. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including statements about the Company's expectations regarding sales of and markets for its products for alternative energy sources such as photovoltaic, wind and fuel cell power generators. These forward-looking statements are subject to a number of risks and uncertainties, many of which cannot be predicted or quantified by the Company and are beyond the Company's control. Future events and actual results may differ materially from those set forth in, contemplated by, or underlying these forward-looking statements. |
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