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..