IDEAL POWER INC. (NASDAQ:IPWR) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
release announcing its financial results for the quarter ended
March 31, 2017. The press release is included as Exhibit 99.1 to
this Current Report on Form 8-K and is incorporated by reference
in its entirety into this Item 2.02. The press release contains
forward-looking statements regarding the Company, and includes
cautionary statements identifying important factors that could
cause actual results to differ materially from those anticipated.
the results. The conference call will begin at 4:30 p.m. Eastern
time on Thursday, May 11, 2017. The call may be accessed in the
U.S. by dialing 1-888-438-5453 and entering the passcode:
8052831. A webcast of the call may be found at
http://public.viavid.com/index.php?id=124075. The webcast replay
will be available on the Companys website, www.idealpower.com.
Report on Form 8-K, including Exhibit 99.1, shall not be deemed
to be filed for the purposes of Section 18 of the Securities
Exchange Act of 1934 (the Exchange Act), as amended, or otherwise
subject to the liabilities of that Section. The information in
this Item 2.02, including Exhibit 99.1, shall not be deemed
incorporated by reference into any filing under the Securities
Act of 1933, as amended, or the Exchange Act regardless of any
general incorporation language in such filing.
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Exhibit No.
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Description
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99.1
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Earnings press release issued May 11, 2017
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About IDEAL POWER INC. (NASDAQ:IPWR)
Ideal Power Inc. (Ideal Power) designs, markets and sells electrical power conversion products using its Power Packet Switching Architecture (PPSA) technology. The Company’s PPSA is a power conversion technology that utilizes standardized hardware with application specific embedded software. It sells products to systems integrators for integration into their system, which enable end users to manage their electricity consumption by reducing demand charges or fossil fuel consumption, integrating renewable energy sources and form their own microgrid. It focuses on licensing PPSA-based product designs to original equipment manufacturers (OEMs) within its target markets. Its products use multiple insulated gate bipolar transistors (IGBTs), which switch power in a direction, including direct current (DC) to alternating current (AC), or AC to DC. The PPSA uses indirect power flow in which power flows through input switches, and is temporarily stored in its AC link inductor. IDEAL POWER INC. (NASDAQ:IPWR) Recent Trading Information
IDEAL POWER INC. (NASDAQ:IPWR) closed its last trading session down -0.16 at 2.18 with 19,808 shares trading hands.
