Coolisys Technologies Targets Digital Mining as Crypto Currencies Create a Growth Sector

Company Taps PoW Digital Mining to Lead Development of Equipment and Services Portfolio
FREMONT, Calif., Aug. 10, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE MKT:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, today announced that its wholly owned subsidiary, Coolisys Technologies, Inc., (“Coolisys”) a technology-centric holding company has entered into an Agreement with PoW Digital Mining to lead its development of an equipment and services portfolio targeting Digital Mining and related research and development of Crypto Currency. These active digital mining markets led by Bitcoin, Ethereum and the other 900+ digital currencies have created a budding hardware demand driving the need for efficient low-cost power solutions.

Amos Kohn, the Company’s President and Chief Executive Officer, stated, “Coolisys Technologies is very pleased to announce this new relationship with PoW Digital Mining whose manage..