19th Jan 2009 07:00
19 January 2009
Turbo Power Systems Inc
("Turbo Power Systems" or "TPS" or "Company")
Turbo Power Systems wins US$4 million next generation laser power supply order
Turbo Power Systems Inc. ("TPS"), the power electronics and electrical machines company has won an order worth in excess of US$4 million over the next two years to supply the fourth generation of its' high voltage power supplies to the US industrial laser manufacturer PRC Laser Corporation ("PRC").
This is the follow on contract to the existing third generation high voltage power supplies which was announced in September 2006. The first deliveries of the new units are planned for the beginning of the second quarter of 2009 continuing for a period of 24 months.
PRC is a leading manufacturer of industrial CO2 lasers for a wide variety of material processing applications including cutting, welding and converting. PRC is focused on building reliable lasers and helping manufacturers around the world implement laser based solutions.
"The continued commitment shown to TPS for the enhanced performance development and manufacturing of its' high voltage power supplies shown by PRC reflects the business and technology partnership shared between our high technology companies" said Paul Summers, Chief Executive of TPS.
About Turbo Power Systems
Turbo Power Systems Inc. (AIM:TPS.L) is a leading UK based designer and manufacturer of innovative power solutions. The Groups products are based on its' core technologies of power electronics and high performance electric motors and generators targeted at the defence, energy, industrial and rail markets.
For further information please contact:
Turbo Power Systems Tel: +44 (0)20 8564 4460
Alan Baird, Marketing Communications Email: [email protected]
Gavin Anderson & Company (PR) Tel: +44 (0) 207 554 1400
Ken Cronin
Michael Turner
KBC Peel Hunt Tel: +44 (0) 207 418 8900
Oliver Scott
Nicholas Marren
Company Website: www.turbopowersystems.com
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