Digital Power Corp Announces Investor Update for Third Quarter 2017

DPW Forecasts Revenues Will Exceed $3M, 67% Increase from 2nd Quarter 2017
Microphase Achieves Milestone, Receives New Strategic Order from U.S. Air Force
FREMONT, Calif., October 02, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, issued an investor update today stating that gross revenues for the quarter ended September 30, 2017 for Digital Power Corp. and its subsidiaries will exceed $3M, an increase of over 67% from the quarter ended June 30, 2017. The Company said this included $50,000 in revenues from the $50M purchase order issued by MTIX, Ltd. in the first quarter of 2017 to manufacture, install and service laser-based, proprietary textile treatment systems while it will record $1.25M in deferred revenue from the manufacturing of machines using the MLSE® technology. The Company noted that it anticipates recognizing this deferred revenue durin..

Digital Power Corporation Announces Corporate Restructure

Name Change to DPW Holdings, Inc.; Retains Stock Symbol
FREMONT, Calif., September 19, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE AMERICAN: DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, announced today that its Board of Directors has approved a corporate restructure in support of its business model as a holding company and the reincorporation of the Company from California to Delaware. In conjunction with the corporate restructuring, the Company will change its name from Digital Power Corporation to DPW Holdings, Inc. to properly reflect its business model. Subsequent to the restructuring, the Company intends to keep its stock symbol and continue trading on the NYSE American stock exchange. The Company believes that its business model as a holding company will allow each operating business to flourish, to develop its business and to provide, as necessary, an opportunity to gain access to the capital..

Coolisys Technologies Completes Acquisition of Power-Plus Technical Distributors

Coolisys Technologies Completes Acquisition of Power-Plus Technical Distributor
Establishes Power Solutions Group, Appoints William H. Gordon as Vice President
FREMONT, Calif., Sep. 05, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE American: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 which is dedicated to servicing the defense and aerospace sectors as well as industrial and medical based businesses worldwide has completed the purchase of all outstanding membership interest in Power-Plus Technical Distributors, LLC, a California limited liability company (“Power-Plus”). Upon completion, Coolisys has established the Power Solutions Group comprised of Power-Plus, Digital Power Limited formerly known as Gresham Power, and the power supply products of Digital Power Corporation. ..

Zacks Research Updates Analysis of Digital Power Corporation

Sets Price Target of $1.02 Predicated on Revenue Forecasts for 2017 and 2018
FREMONT, Calif., Aug. 29, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, announced today that Zacks Investment Research updated its analysis of Digital Power Corporation on Monday, August 28, 2018 post issuance of the Company’s financial results and 10Q for the quarter ending June 30, 2017. Zacks also incorporated in its research the Company’s Revenue Guidance issued through a press release dated August 25, 2017. Zacks analysis sets a price target of $1.02 based on substantial investment by the Company in three announced acquisitions, in its operational infrastructure and in conjunction with its corporate realignment which includes the recent establishment of Coolisys Technologies, Inc.

Zacks believes the Company could be worth $1.02 in the next 12 months based on the expe..

Digital Power Corp Reports 2nd Quarter Results for 2017 and Restructuring Progress

Company Positions Business Units for Growth
FREMONT, Calif., Aug. 22, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, filed on Monday, August 21, 2017, after the close of market, its Form 10-Q report with the Securities and Exchange Commission (“SEC”). The Company is pleased to announce several highlights for the period ended June 30, 2017 from this report including the raising of $2.7M in new financing activities including $1M from its largest shareholder, enabling the Company to comply with its continuing listing standard as prescribed by the national securities exchange, NYSE American rules; the investment of $2.13M in its subsidiaries and business units to support their streamlining, growth and other operational efforts while the Company overall posted a small increase in gross revenue from the prior first quarter of 2017. The Company reported a ..

Digital Power Corporation Issues Investor Guidance

Company to Issue Financials and Report Its Earnings on August 21, 2017

FREMONT, Calif., Aug. 17, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE AMERICAN:DPW) (“Digital Power” or the “Company”), a company seeking to increase revenues through acquisitions and organic growth, today provided investor guidance regarding its recent announcement that it will be issuing its financials and report its earnings for the quarter ended June 30, 2017. The Company adheres to reporting as fully and accurately as possible and given the recent number of transactions through financing, acquisitions, product and customer expansion and corporate realignment, it chose to exercise its right to an extension to provide the best and most comprehensive disclosure possible.

Amos Kohn, the Company’s President and Chief Executive Officer, stated, “The quarter ending June 30 had a large number of transactions ranging from new capital investment in our subsidiaries to the acquisition of a majority interest ..

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..

Coolisys Technologies Announces Acquisition of Power-Plus Technical Distributors

Coolisys Technologies Inc. Enters Definitive Agreement to Acquire All Outstanding Interest
FREMONT, Calif., Aug. 07, 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 which is dedicated to servicing the defense and aerospace sectors as well as industrial and medical based businesses worldwide has entered a Definitive Agreement to purchase all outstanding membership interest in Power-Plus Technical Distributors, LLC, a California limited liability company (“Power Plus”).

Power-Plus is in the business of transforming standard off-the-shelf power supplies into fully tested, plug-and-play power systems specifically tailored to meet customer applications. For 26 years, Power Plus has designed and delivered cost-effective power solutio..

Digital Power Corporation Issues End of Month Investor Update

Company Forms Coolisys Technologies, Inc. a Focused Subsidiary; Company Maintains Customer Order Backlog at $65M
FREMONT, Calif., Aug. 04, 2017 (GLOBE NEWSWIRE) — Digital Power Corporation (NYSE MKT:DPW) (“Digital Power” or the “Company”), a growth company seeking to increase revenues through acquisitions and organic growth, today announced the formation of Coolisys Technologies, Inc., (“Coolisys”) a newly- formed technology-centric holding company dedicated to servicing the defense and aerospace sectors as well as industrial and medical based businesses worldwide. Coolisys, as the new wholly-owned subsidiary, will be led by Amos Kohn as President, CEO and Chairman. The Company is primarily focused on world class technology-based solutions where innovation is the main driver for mission-critical applications and lifesaving services. Coolisys will nurture its portfolio companies, including Digital Power Limited and Microphase Corporation, to “think out of the box” to achieve goals that ..

Digital Power Corp. Taps William D. Corbett to Head Digital Power Lending

DPL Supports Microphase with $1MM Line of Credit to Restructure, Retool and Become Leaner
FREMONT, Calif., July 10, 2017 (GLOBE NEWSWIRE) – Digital Power Corporation (NYSE MKT:DPW) (“Digital Power” or the “Company”), a growth company seeking to increase revenues through acquisitions and organic growth, today announced that it has appointed William D. Corbett as the Chief Executive Officer of Digital Power Lending, LLC, (“DPL”) a California business and wholly-owned subsidiary founded by the Company on November 30, 2016. DPL is currently in the process of becoming a California licensed lender serving small businesses. Corbett, a Wall Street investment banker with over 30-years experience, has since November 2016, been a consultant to the Company, strategically assisting and facilitating the Company’s financial restructuring and development of Digital Power Lending. Led by its new management, DPL extended a line of credit for $1MM to the Company’s subsidiary, Microphase Corporation. Micr..