Netanya, Israel. December 12, 2009 Telkoor Telecom (TASE: TLK) the global provider of power supplies, for military, industrial and telecom applications today announced that its subsidiary in Israel, Telkoor Power Supplies Ltd., has received a development order to develop new generation of power supplies from a major VOD/VOIP electronic systems vendor in the USA. Under this order a new generation of power supplies will be developed to replace existing products developed years ago by Telkoor Power Supplies for this customer.
The current products sold to this customer generate annual revenues of over 3 Million $US and the new power supplies, that will be used in the new platform developed by this customer, are expected to generate even higher revenues to Telkoor.
“Once again our customer demonstrates its trust in our company” said Ben-Zion Diamant, CEO of Telkoor. “and our long term commitment to provide our customers with a top of the line products pays of”
Telkoor Telecom and its subsidiaries are active in the field of planning, development, engineering, production, marketing, and sales of power supplies for use by companies producing equipment for commercial applications (particularly in the field of communications) and for military systems. Some of Telkoor’s international activities are executed by its subsidiaries in the US (Digital Power Corp. traded in the NYSE under the symbol DPW) and in UK (Gresham Power).
About Telkoor: Telkoor Power Supplies Ltd., a subsidiary of Telkoor Telecom Ltd. www.telkoor.com (TASE: TLK) is a market leader in power supplies for military and commercial applications, ranging from airborne, missiles, land-based, naval, ground vehicles and UAV to custom and off-the- shelf commercial systems for the telecom, industrial and consumer markets. Founded in 1979, Telkoor has extensive experience in design, manufacturing and delivering of custom military power supply platforms. The company is an approved vendor by US Army, US Air force and US Navy, NATO, IDF and global defense organizations.
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