Video Display Corp Sees New Medical Power Supply Revenue In Excess Of $3,000,000 Annually
ATLANTA, Nov. 15, 2010 (GLOBE NEWSWIRE) -- Video Display Corporation (Nasdaq:VIDE) today announced that the Company's BEAR Power Supplies Division ( www.bearpwr.com ) has completed the design and approval process on a new custom medical power supply under contract to a U.S. medical device manufacturer. BEAR has begun manufacturing the AC/DC converters at its western New York facility and shipments are scheduled to begin in December 2010 with revenues expected to exceed $3 million per year.
The external medical power supply is UL 60601-1 approved and features extremely low leakage current for patient safety. It has a rugged and ergonomic design to withstand fast-paced hospital and clinical settings, including frequent disinfecting using standard hospital procedures.
"Our reputation for combining exceptional custom design and high-quality manufacturing led to the initial contact with this customer," said Michael Allen, president of BEAR Power Supplies. "Our engineers worked closely with the customer's development team during the design process, exceeding their technical specifications, suggesting several innovative features to enhance performance and ease of use, and demonstrating compliance with their quality system requirements. We're now pleased to move into volume manufacturing of this new custom power supply and to begin recognizing ongoing revenue from our unique custom design."About BEAR Power Supplies BEAR Power Supplies ( www.bearpwr.com ) designs, manufactures and sells power supplies for commercial, industrial, and medical equipment. Products include rugged, encapsulated AC/DC and DC/DC power converters; factory-configurable external power supplies; and full-custom power supplies to meet OEM designers' most difficult requirements. Capabilities range from fast-turn prototypes to high volume production. The company's ISO 9001:2008 certified design and manufacturing center is located near Rochester, New York. About Video Display Corporation Video Display Corporation designs, develops and manufactures unique solutions for display requirements for military, medical and industrial use with emphasis on high end training and simulation applications. Its product offerings include ruggedized CRT and AMLCD displays as well as complete projection systems utilizing VDC's Marquee™ line of projectors. Video Display Corporation operates eight display design and manufacturing plants plus additional sales facilities throughout the United States and Europe.
CONTACT: Video Display Corporation, Atlanta Ronald D. Ordway 770-938-2080
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV