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TECZ Direxion Daily Technology Bear 1X Shares (delisted)

18.30
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Direxion Daily Technology Bear 1X Shares (delisted) AMEX:TECZ AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.30 0 01:00:00

Technipower Adds to Solar Team, Presents at NYU

20/10/2009 1:30pm

PR Newswire (US)


Direxion Daily Technology Bear 1X Shares (delisted) (AMEX:TECZ)
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DANBURY, Conn., Oct. 20 /PRNewswire-FirstCall/ -- Technipower Systems, Inc. (Pink Sheets: TECZ), formerly Solomon Technologies, Inc., announced today that Tom Thompson, a veteran solar industry professional and member of Technipower's Advisory Board, has been named Director of Renewable Energy Systems, where his responsibilities will include sales and marketing of the Instant Solar(TM) products and expanding Technipower's presence in all facets of the renewable energy space. Mr. Thompson will speak on "The Economic Power of the Sun" at the NYU, Stern School of Business forum, Solar in the City, on October 22. The event is sponsored by the New York Solar Energy Society. Dan Connors, President of Technipower's Energy Solutions group, said, "Having Tom Thompson expand his role to a full time effort initially focused on our Instant Solar product line offers Technipower a substantial competitive advantage. His industry knowledge and professional contacts coupled with his long advocacy for the expansion of solar energy use enables Technipower to immediately penetrate the most accessible markets with a well differentiated product line. We are extremely pleased that Tom has joined us full time to lead our renewable energy initiatives." Tom Thompson commented, "As a US-based manufacturer with decades of experience in power conversion systems, Technipower is uniquely positioned to leverage its deep technical strength and strong channel recognition. With Instant Solar as the first product in the solar arena, the Company will help lead the green industry revolution in America. I am pleased to be part of this exciting effort to capitalize on the need for energy alternatives." Information about Technipower Systems, Inc.: Technipower Systems, Inc. (formerly Solomon Technologies, Inc.) and its wholly owned subsidiary design and manufacture electrical and electromechanical power systems requiring high levels of reliability and ruggedness for defense, aerospace, marine and commercial applications. The Company's expansion in to the clean energy markets includes its Instant Solar(TM) ground mounted solar system as well as its patented Electric Wheel® and Electric Transaxle(TM) hybrid/regenerative technologies for hybrid-electric and all-electric vehicles. FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The statements regarding Technipower Systems, Inc. in this release that are not historical in nature, particularly those that utilize the terminology such as "may," "will," "should," "likely," "expects," "anticipates," "estimates," "believes," or "plans," or comparable terminology, are forward-looking statements based on current expectations about future events, which management has derived from the information currently available to it. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Important factors known to management that could cause forward-looking statements to turn out to be incorrect have been identified and discussed from time to time in the Technipower's filings with the Securities and Exchange Commission. The forward-looking statements contained in this release speak only as of the date hereof, and Technipower undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise. Contact us for more information Technipower Systems, Inc. Daniel Connors 203-748-7001 http://www.technipowersystems.com/ DATASOURCE: Technipower Systems, Inc. CONTACT: Technipower Systems, Inc., Daniel Connors, +1-203-748-7001, http://www.technipowersystems.com/ Web Site: http://www.technipowersystems.com/

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1 Year Direxion Daily Technology Bear 1X Shares (delisted) Chart

1 Year Direxion Daily Technology Bear 1X Shares (delisted) Chart

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1 Month Direxion Daily Technology Bear 1X Shares (delisted) Chart

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