INFINITE POWER SOLUTIONS, KOGENT SIGN JAPAN DISTRIBUTION AGREEMENT TO SUPPORT GROWING CUSTOMER DEMAND IN KEY REGIONOctober 27, 2010
Littleton, COInfinite Power Solutions (IPS), an industry leader in solid-state, thin-film energy storage and energy-harvesting power management products, today announced it has signed a distribution agreement with Yokohama, Japan-based KOGENT, Inc., a subsidiary of MACNICA Group, which is one of the leading distribution companies in Japan, specializing in a broad range of electronic components and equipment. This marks the second distribution agreement IPS has signed with a leading Japanese distributor in recent months -- signaling IPS' response to the growing customer demand in this key region. Under the agreement, KOGENT will distribute IPS' award-winning THINERGY® Micro-Energy Cell (MEC) and INFINERGY® Micro Power Module (MPM) product families in Japan, with limited distribution rights in China, Hong Kong and Taiwan. "We are committed to expanding our presence in this critical region, so we're confident that this newly signed agreement with a distribution leader like KOGENT will help position us to successfully realize this goal," said David Squires, IPS' vice president of strategic marketing. "We look forward to leveraging KOGENT's established reach and strengths, especially in the area of energy harvesting, to increase adoption of our best-in-class solid-state energy storage and power management solutions throughout Japan." As part of the distribution agreement, KOGENT will help IPS further penetrate Japan's established markets such as wrist watches, wireless sensor nodes, smart cards, memory and RTC backup power, smart meters, and energy harvesting applications. KOGENT will be responsible for promoting IPS' full line of THINERGY MECs, INFINERGY MPM products, and related development kits into the Japanese market. More information on IPS' products is available on IPS' website. About Infinite Power Solutions, Inc. Infinite Power Solutions, Inc. (IPS)-a U.S.-based, clean-technology company-is a leader in manufacturing solid-state, rechargeable, thin-film micro-energy storage devices for a variety of micro-electronic applications. Founded in 2001, IPS is privately held with corporate headquarters and manufacturing in Littleton, Colo. The company markets its revolutionary family of thin-film Micro-Energy cell (MEC) products under its THINERGY® brand. The company is the only ISO 9001 certified manufacturer of solid-state, thin-film batteries. The company's energy storage products, with unrivalled performance, size and service life, displace coin cells, supercapacitors, and other micro-batteries in a variety of applications. The company's THINERGY MECs and INFINERGY® Micro Power Modules (MPMs) uniquely enable ambient energy-harvesting solutions to create miniature, autonomous, perpetual power supplies to address the growing demand among customers in the wireless sensor, active RFID, powered smart card, medical device, consumer electronics, automotive and civil/military/aerospace markets. THINERGY and MEC are registered trademarks of IPS. About Kogent, Inc. KOGENT, Inc.-a Japan-based distribution company, is one of the subsidiaries of MACNICA Group and 100% owned by MACNICA Group. KOGENT has been concentrating on optical networking and ASIC businesses with optical modules, ASSPs and a variety of Custom ICs with supporting complex Design Software. KOGENT has also been developing its original ICs (including Motor Driver ICs & Analog ICs). Recently KOGENT has decided to focus on the Energy Harvesting market as future high and rapid growth field in the electronics industry worldwide partnering with IPS and other synergistic suppliers in the Energy Harvesting market. KOGENT has the same global sales channels as MACNICA Group. In addition, KOGENT has the capability to support Reference Designs for IPS with Power Management ICs, MCUs, Wireless ICs, Memories, RTCs and SMDs etc carried by the MACNICA Group. Additional information about KGT is available at www.kogent.co.jp.
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