Digital Power Corporation Signs $1.2M Supply Agreement With Medical OEM to Supply Medical Power Switcher

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Digital Power Corporation (NYSE MKT:
DPW
) announced that it has signed a 12-month, $1.2 million agreement to supply an industry-leading medical OEM with a universal power source solution for use in its portable oxygen concentrators. The portable oxygen concentrators are small, lightweight, quiet, energy-efficient, and easy to use at home or when traveling. These next-generation products offer an all-in-one solution that has helped countless oxygen therapy patients reclaim their independence, freedom, and quality of life. Digital Power provides advanced, powerful, and flexible power sources that allow an oxygen concentrator to operate from an AC source while at home or from a DC source while in a car. The power sources also charge oxygen concentrator batteries for portable use. Digital Power was chosen as the supplier due to its proven record of providing high quality, reliable power solutions to the medical industry and to this OEM. In addition, Digital Power met this customer's price and delivery requirements in a challenging market. Commented Amos Kohn, President and CEO of Digital Power: "This OEM awarded us with the annual supply agreement for power solutions for its medical devices because of the superb quality of our products and the quality of the service we provide. Our customer understands our capabilities and our commitment to meeting their needs for technologically advanced power solutions. In addition, we are leveraging our expertise with our medical customers to further strengthen our position in the medical OEM marketplace."
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