DALLAS, Sept. 20, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Power-One Inc. (Nasdaq:PWER). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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Power-One Inc. (PWER) is a designer and manufacturer of power conversion and power management products, primarily for the communications and server/storage infrastructure equipment, industrial applications, high-end consumer and industrial appliances, and renewable energy markets. The Company's products are used to convert process and manage electrical energy, in both alternating current (AC) and direct current (DC) form. In the renewable energy market, PWER sells inverters primarily for roof-top solar applications. During the year ended December 31, 2008, the Company expanded its product line to include central solar inverters. PWER sells its power conversion and power management products to a diversified group of equipment manufacturers, including contract manufacturers.
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In the report, the analyst notes:
"PWER posted record net sales of $215 million for the second quarter ended July 4, 2010, an increase of 135% from the second quarter 2009.
"PWER is planning to partner with Arizona State University as part of its Phoenix project, and could invest as much as $40 million in the manufacturing plant over the next few years. Richard Thompson, the Company's CEO, said PWER is interested in working with ASU on an innovation center, which will be part of its new facility announced Thursday. The center will provide research and development for new ways to help deliver solar power."
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