To: GARY P GROBBEL who wrote (71139 ) 1/30/2008 2:49:17 PM From: GARY P GROBBEL Respond to of 120415 DPW picking up on low vol...nice little company.... Digital Power Will Provide Power Solutions for On Board Ship Power in Europe Tuesday December 18, 8:00 am ET Digital Power Corporation reports long-term agreement and purchase orders for the fourth quarter of 2007 FREMONT, Calif., Dec. 18 /PRNewswire-FirstCall/ -- Digital Power Corporation (Amex: DPW - News) has announced that it has signed a long term purchasing agreement with a leading UK shipbuilder and has received initial orders under the terms of the Agreement through its subsidiary Digital Power Limited (Gresham Power Electronics). The agreement is estimated to be worth in excess of $5,000,000 over the next five years. The initial purchase orders are valued at approximately $1,691,000(USD). Of which, $735,000 of is shippable in the fourth calendar quarter of 2007 and the first calendar quarter of 2008. The scope of supply defined in the Agreement covers a wide range of electrical power conversion and distribution equipment intended for ship applications and will be shipped to the customer's United Kingdom location. Jonathan Wax, President and CEO of Digital Power, commented, "we are quite pleased that we were able to secure a long term agreement while also impacting our near term revenue. These types of agreements are highly prized as they present a level of long-term stability, and near term benefits, which often offset fluctuations that may occur in today's Global Marketplace. This marks the third announcement by Digital Power in recent months on significant orders, which will impact revenue beginning in the fourth quarter of 2007." Digital Power and its subsidiary, Digital Power Limited (Gresham Power Electronics) are active in both North America and Europe and is traded on the American Exchange (AMEX) under the trading symbol: DPW. All Purchase orders are subject to independent terms and conditions that may subject the order to reschedule, modification or cancellation.