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
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