Power Designs Appoints New President.DANBURY, Conn.--(BUSINESS WIRE)--Oct. 16, 1997--Power Designs, Inc (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :POWD) announced today that it has appointed Fred G. Basso President of the Company. Mr. Basso joined the Company in early May from AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. Transformers, Inc., based in Edison, New Jersey Edison Township (usually known as Edison) is a township in Middlesex County, New Jersey, United States. As of the United States 2000 Census, the township had a total population of 97,687, making it at the time the fifth largest municipality in New Jersey. As of the U.S. . Mr. Basso brings a broad knowledge of the power industry, including substantial knowledge of Uninterruptible Power Supplies (UPS), Power Designs primary new product line. Mr. Basso previously served as President of Schenck Trebel Corporation of Deer Park, New York
Power Designs, Inc. Is a 44 year old manufacturer of Uninterruptible Power Supplies, Power Line Conditioners, custom linear and switch mode power supplies, Variac auto transformers and voltage regulators and invertors. -0- "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under 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: this release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. CONTACT: Power Designs Jonathan Betts, 860/828-3332 |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion