Listing: TSX Venture Exchange
Symbol: DNX
LINCOLN, England, July 19, 2017 /CNW/ - Dynex Power Inc.
(TSXV: DNX), a leading manufacturer of high power semiconductors
and electronic equipment, is pleased to announce a significant
industry-leading achievement: the initial delivery of the world's
first hermetic, dynamic load balancing, Press-pack IGBT.
Mr. Clive Vacher, President and
Chief Executive Officer commented, "The design features of the new
Dynex Press-pack IGBT deliver market-leading performance and
reliability, even in the most extreme conditions. This
product is unique in the marketplace. It encompasses the most
technologically-advanced design of any press-pack in the world, and
provides a new benchmark of performance in the industry.
Furthermore, it is designed for a wide range of customer
applications: it will not only provide a more effective solution to
existing and new-design press-pack based systems, but also open up
new industries to the benefits of switching to press-pack
technology."
The Dynex Press-pack IGBT range offers the following advantages
over traditional press-pack IGBTs:
- Dynamic load balancing, ensuring uniform contact pressure for
optimum current sharing and reliability.
- Mechanical overload protection.
- Suitability for use with standard pressure contact device
clamps and heatsinks.
- Compact construction for market-leading current density.
The Dynex Press-pack IGBT range is based on a flexible, scalable
design, making it straightforward to produce devices with a variety
of contact diameters, current ratings and IGBT:FRD chip
ratios. Dynex's chip design and in-house fabrication
capabilities make it possible to tune chipsets to specific
applications.
Dynex Press-pack IGBT devices are now available at a variety of
power levels up to 3000A at 4500V, making Dynex the ideal partner
for both new and existing designs. Further growth up to 4000A
and beyond will be available later this year.
Forward-looking Statements
In commenting on its
expectations, the Company cautioned existing and potential
shareholders about relying on the Company's expectations in that
the Company's expectations contain forward looking statements and
assumptions which are subject to the risks and uncertainties of the
markets and the future, which could cause actual results to differ
materially from expectations, and which are each difficult and
subjective to forecast. Certain of those risks and uncertainties
are discussed in the Management's Discussion and Analysis for the
quarter ended March 31st , 2016 and
include, among other things, risks and uncertainties relating to:
the level of worldwide demand for power semiconductors and power
semiconductor assemblies; the level of investment in power
electronic equipment, electrification of transport systems,
alternative power generation and high quality power transmission
and distribution; and fluctuations in exchange rates between
Canadian Dollars, Sterling, US dollars and Euros. As a consequence
of these and other risks and uncertainties, shareholders and
potential investors must make their own independent judgments about
the accuracy and reliability of the Company's expectations. Dynex
disclaims any intention or obligation to update or revise any
forward looking statement whether as a result of new information,
future events or otherwise.
About the Company
Dynex designs and
manufactures high power bipolar semiconductors, high power
insulated gate bipolar transistor (IGBT) modules and die, high
power electronic assemblies and radiation hard silicon-on-sapphire
integrated circuits (SOS IC's). The company's power products are
used worldwide in power electronic applications including electric
power transmission and distribution, renewable and distributed
energy, marine and rail traction motor drives, aerospace, electric
vehicles, industrial automation and controls and power supplies.
The Company's IC products are used in demanding applications in the
aerospace industry. Dynex Semiconductor Ltd is its only operating
business and is based in Lincoln,
England in a facility housing the fully integrated silicon
fabrication, assembly and test, sales, design and development
operations. In 2008, a majority of the shares of Dynex were
acquired by Zhuzhou CSR Times Electric Co., Ltd. In April 2016 this company changed its name to
Zhuzhou CRRC Times Electric Co., Ltd.
Zhuzhou CRRC Times Electric Co., Ltd. is based in Hunan Province in the People's Republic of China. It is listed
on the Hong Kong Stock Exchange. CRRC Times Electric is mainly
engaged in the research, development, manufacture and sales of
locomotive train power converters, control systems and other
train-borne electrical systems, as well as the development,
manufacturing and sales of urban railway train electrical systems.
In addition, CRRC Times Electric is also engaged in the design,
manufacturing and sales of electric components including power
semiconductor devices for the railway industry, urban railway
industry and non-railway purposes.
Press announcements and other information about Dynex are
available at www.dynexpower.com.
Further information on CRRC Times Electric can be found at
www.timeselectric.cn/en
All monetary values expressed in this release are in Canadian
Dollars unless stated otherwise.
The TSX Venture Exchange has neither approved nor disapproved of
the information in this press release.
SOURCE Dynex Power Inc.