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..