Power Electronics Changes Name to PowerSines Ltd.
News » Power Electronics Changes Name to PowerSines Ltd.
01 Oct 2009Change Reflects the Unique Company Positioning of Reducing the World’s Energy Consumption Using Proprietary Sinusoidal Voltage Control Technology
Tel Aviv, Israel, October 1, 2009 — Power Electronics Systems (2006) Ltd, a global provider of energy efficiency solutions for lighting and industry applications, announces that today, October 1, 2009, the company name will change its name to PowerSines Ltd. The company will continue to operate as before with no change of its structure, registration number and office addresses.
As a leading provider of energy efficiency solutions, the PowerSines name will represent the strong technological positioning of the company combining the saving and efficiency of power and electricity with the proprietary sinusoidal voltage control technology platform. This technology is marketed under the RightVoltage Technology label and used in all of the energy efficient products sold and installed around the world.
Mr. Eran Tagor, CEO of PowerSines, explains “We feel that the new name carries the strength of our technology as we reduce the world’s energy consumption and expand into new international markets and new business applications.”
PowerSines will continue to develop, manufacture and market energy efficiency solutions for the Lighting and Motor Industries. The Lighting Energy Controller (LEC) reduces energy consumption of outdoor, commercial and industrial lighting applications. The SinuMEC (Sinusoidal Motor Efficiency Controller) improves efficiency of AC motors in industrial and public transportation applications. Both these products are available to companies that would like to reduce electrical consumption and contribute to a greener environment.
PowerSines has sales and marketing activities in the United States, Europe, Central and Latin America and Middle East since 1980 with tens of thousands of installations worldwide. For more information on energy savings and installations, visit www.powersines.com.
About PowerSines
PowerSines is a global provider of energy-efficiency solutions leveraging decades of expertise in voltage regulation and control technologies. Our voltage control solutions provide the right voltage s to enable electricity savings in commercial and public lighting systems and improve efficiency of electric motors in industrial applications while contributing towards a greener environment. The Lighting Energy Controller (LEC) significantly reduces electricity costs for commercial and public lighting, and the Sinusoidal Motor Efficiency Controller (SinuMEC) improves overall efficiency of electric AC motors. Companies using our products see immediate business benefits with direct electricity savings of up to 35% and reduced total cost of ownership of up to 50%. With thousands of units already installed in enterprises around the world, our products are proven effective for financial savings while implementing a green strategy. For more information, visit our website at www.powersines.com.