(BSNS WIRE) PowerStream Technology, A Division Of Pen Interconnect, Doub
PowerStream Technology, A Division Of Pen Interconnect, Doubles Size Of
Facility In Utah With Awards Of New Contracts
Business Editors
IRVINE, Calif.--(BUSINESS WIRE)--Oct. 6, 1999--Pen Interconnect
Inc. (OTC BB: PENC) Wednesday announced that PowerStream Technology,
its division headquartered in Orem, Utah, has doubled the size of its
manufacturing facility to allow for expanded design prototyping and
testing.
This is the result of contracts with several new customers,
including TDI Batteries, L3 Communications, Flir Systems, TTC, Home
Depot and JBRO Batteries.
"So far, awarded contracts are in excess of one million dollars
and we expect to finalize several other contracts within the next
several weeks," said Daniele Reni, president of PowerStream
Technology.
"Because of our ability to design custom power products, from
battery chargers to power supplies and DC/DC converters, we have
created a niche that has opened a national and international market
for our division."
PowerStream Technology has a number of new customers and projects
in the Southeast, Colorado, Wyoming, Montana, Northern California and
Southern Oregon, the result of the efforts of new territory
representatives. "We are anticipating continued growth and adding more
territory representatives in the near future," said Don Harwell,
national sales manager for PowerStream Technology.
Pen Interconnect provides the total manufacturing solution for
manufacturers, including circuit and board design, mechanical and
product design, prototype and volume board assembly, system services
and end-user distribution. Headquartered in Irvine, it also has
support manufacturing facilities in Utah and China.
VISIT THE PEN INTERCONNECT WEB SITE at
pen-interconnect.com
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