FREMONT, Calif., April 17, 2014 /PRNewswire/ -- Digital Power Corporation (NYSE: DPW): In view of the unusual market activity in the Company's Common Stock on Thursday, April 17, 2014, the New York Stock Exchange contacted the Company in accordance with its usual practice. The Company stated that its policy is not to comment on unusual market activity. About Digital Power: Digital Power Corporation is a solution-driven organization that designs, develops, manufactures and sells high-grade customized and flexible power system solutions for the most demanding applications in the medical, military, telecom and industrial markets. We are highly focused on high-grade and custom product designs for both the commercial and military/defense markets, where customers demand high density, high efficiency and ruggedized products to meet the harshest and/or military mission critical operating conditions. We are a California corporation originally formed in 1969, and our common stock trades on the NYSE Amex under the symbol "DPW". Digital Power's headquarters is located at 48430 Lakeview Blvd, Fremont, California, 94538; SOURCE Digital Power Corporation
Digital Power Corporation (DPW) soared to a one-year high on Wednesday after the company announced it had received a five-year contract from Israel Aerospace Industries. Digital Power will provide its low-voltage power supply multiple outputs converter to IAI for the duration of the contract, which covers the manufacturing and delivery of the LVPS modules. IAI will use the LVPS to power the TAMAM Modular Azimuth Position System (TMAPS) navigation system, which the Israel Defense Forces (IDF) uses in tactical warfare. The LVPS is designed to operate in battlefield scenarios in which jamming or other methods have disturbed GPS. It features a capability that should supply the TMAPS with continuous, stable power through multiple sources regardless of the operating conditions.