PowerSafe Technology Announces Shipment of Single Largest Order -- Repeat Order From Fortune 500 Company
March 19 2013 - 9:51AM
Marketwired
PowerSafe Technology Corporation (PINKSHEETS: PSFT) announced today
that its wholly owned subsidiary, Amplification Technologies Inc.
(ATI) (www.ampti.net), last week shipped its single largest order
to date, $68,000 of engineering samples. This is a repeat order
from a Fortune 500 company who has tested and evaluated ATI's
devices extensively.
"Both we and our customer are very pleased with the performance
of our devices," said Mikhail Leibov, CEO of ATI. "They were chosen
for their dramatically improved capabilities that meet the demands
of next generation ultra-sensitive detection systems."
About PowerSafe Technology Corp.
(PINKSHEETS: PSFT) PowerSafe Technology Corp.
(www.ampti.net) seeks to transform the field of low-level signal
detection. The company's patented platform semiconductor technology
has the potential to offer unparalleled and far-reaching benefits
to industries such as night vision, medical diagnostics, remote
sensing, aerospace, and scientific instrumentation. The technology
has been successfully used to develop extremely sensitive detectors
of low levels of light and the company believes its detectors will
be used in many existing applications as well as open up new
markets. The technology is also patented to encompass detection of
signals other than light, and could in principle be used to create
highly sensitive biological, radiological, electrical, and chemical
sensors.
Forward-Looking Statements This release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All forward-looking statements are inherently
uncertain as they are based on current expectations and assumptions
concerning future events or future performance of PowerSafe.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which are only predictions and speak
only as of the date hereof. In evaluating such statements,
prospective investors should review carefully various risks and
uncertainties inherent herein and in publically available
information about PowerSafe. Such risks and uncertainties could
cause actual results to differ materially from those indicated in
the forward-looking statements.
Contact: PowerSafe Technology Corp. Mikhail Leibov Email Contact
or Jack Mayer Email Contact 201-880-8111
Powersafe Technology (CE) (USOTC:PSFT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Powersafe Technology (CE) (USOTC:PSFT)
Historical Stock Chart
From Dec 2023 to Dec 2024
Real-Time news about Powersafe Technology Corp New (CE) (OTCMarkets): 0 recent articles
More Powersafe Technology Corporation News Articles