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Stock impact report

Ideal Power Announces Global Distribution Agreement with Richardson Electronics, Ltd. [Yahoo! Finance]

Richardson Electronics, Ltd. (RELL) 
US:NASDAQ Investor Relations: rell.com/investor-relations
Company Research Source: Yahoo! Finance
development and commercialization of the highly efficient and broadly patented B-TRAN™ bidirectional semiconductor power switch, today announced an agreement with Richardson Electronics, Ltd. (RELL) for the global distribution of Ideal Power's products including the discrete B-TRAN™ device and SymCool™ power module "We are excited to announce Richardson Electronics as the first distributor for our products. They have strong technical sales capability, expertise in demand creation and securing sales for new technologies, robust customer support, and global reach. Our products are a perfect fit for Richardson Electronics' existing customer base needing medium and high voltage power semiconductors," said Dan Brdar, President and Chief Executive Officer of Ideal Power. "We are very excited to work with Ideal Power to bring their products to market worldwide. For years, Richardson has developed an excellent portfolio of Technology Partners for power management components and engineered Show less Read more
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