Xantrex Technology Inc. has received a $3.3 million order for its XPower by Xantrex brand portable power electronics products, with shipment scheduled for the third quarter of 2004.
The order is from a major U.S. national retailer. By value, it is the largest order from this customer since it began offering Xantrex products early in 2003.
“This agreement is further evidence of the growing appeal of our portable power products to consumers,” said Mossadiq Umedaly, Xantrex’s chairman.“It also demonstrates our leadership in the portable power business, which represents approximately a quarter of our revenue so far in 2004.”
XPower by Xantrex brand portable power products provide household electricity away from a utility outlet. They use Xantrex’s advanced power electronics technology to convert direct current from batteries into high-quality ac to power many electronic and electrical devices. Xantrex has introduced more than 20 new products in this sector in the past two years, including portable power systems, micro-inverters, battery chargers and chargers with jump-start capability.
For more information, visit www.xantrex.com.