AUSTIN, Texas, April 16, 2018 (GLOBE NEWSWIRE) — Ideal Power Inc., (NASDAQ:IPWR), an innovative power conversion technology company, has announced new executive management team changes as part of a strategic restructuring to support operational progress with the companys two primary technologies.
Effective today, Ideal Power has realigned into two separate operating divisions: Power Conversion Systems to focus on its Power Packet Switching Architecture (PPSA) and B-TRAN to develop its Bi-directional bi-polar junction TRANsistor (B-TRAN) solid state switch technology. In conjunction with the corporate restructuring, the following executive management changes were made:
- Chairman of the Board, Dr. Lon E Bell appointed Chief Executiv…
Read the full article at: https://globenewswire.com/news-release/2018/04/16/1472381/0/en/Ideal-Power-Announces-Executive-Management-Team-Changes-and-Corporate-Restructuring-to-Support-Recent-Progress-with-PPSA-and-B-TRAN-Technologies.html