Technipower Systems Expands International Sales
30 September 2009 - 2:30PM
PR Newswire (US)
DANBURY, Conn., Sept. 30 /PRNewswire-FirstCall/ -- Technipower
Systems, Inc. (Other OTC: TECZ), formerly Solomon Technologies,
Inc., announced today that its Energy Solutions group recently
received $200,000 of military power product orders from a new
international customer. These highly engineered and ruggedized
products have been used regularly in challenging military
communications applications. Dan Connors, President of
Technipower's Energy Solutions group said, "While this order is
indicative of the relatively consistent order flow of our base
power systems business, it also represents a milestone in our
increased penetration of the international markets. Our efforts in
identifying parallel applications for our existing products while
we continue research and development efforts on new technologies
and products, is an important facet of our core business and a key
component of our growth strategy." Connors continued, "In
combination with our enhanced channel presence both domestically
and internationally, we believe that our recent additions of key
resources will be an immediate and long term benefit in achieving
our objectives." Information about Technipower Systems, Inc.:
Technipower Systems, Inc. (formerly Solomon Technologies, Inc.) and
its wholly owned subsidiary design and manufacture electrical and
electromechanical power systems requiring high levels of
reliability and ruggedness for defense, aerospace, marine and
commercial applications. The Company's expansion in to the clean
energy markets includes its Instant Solar(TM) ground mounted solar
system as well as its patented Electric Wheel® and Electric
Transaxle(TM) hybrid/regenerative technologies for hybrid-electric
and all-electric vehicles. FORWARD LOOKING STATEMENTS: This press
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. The
statements regarding Technipower Systems, Inc. in this release that
are not historical in nature, particularly those that utilize the
terminology such as "may," "will," "should," "likely," "expects,"
"anticipates," "estimates," "believes," or "plans," or comparable
terminology, are forward-looking statements based on current
expectations about future events, which management has derived from
the information currently available to it. It is possible that the
assumptions made by management for purposes of such statements may
not materialize. Actual results may differ materially from those
projected or implied in any forward-looking statements. Important
factors known to management that could cause forward-looking
statements to turn out to be incorrect have been identified and
discussed from time to time in the Technipower's filings with the
Securities and Exchange Commission. The forward-looking statements
contained in this release speak only as of the date hereof, and
Technipower undertakes no obligation to correct or update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Contact us for more information
Technipower Systems, Inc. Daniel Connors 203-748-7001
http://www.technipowersystems.com/ DATASOURCE: Technipower Systems,
Inc. CONTACT: Technipower Systems, Inc., Daniel Connors,
+1-203-748-7001 Web Site: http://www.technipowersystemscom/
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