
Ideal Power, pioneering the development and commercialization of the highly efficient and broadly patented B-TRAN bidirectional semiconductor power switch, has announced an agreement with RYOSHO U.S.A, a subsidiary of RYODEN CORPORATION, for the global distribution of Ideal Power's products. RYOSHO has already placed orders with Ideal Power from a large international customer interested in the Company's products for solid-state circuit protection applications.
"This is a significant development in the commercialization of our B-TRAN technology as we add a second distributor for our products. RYOSHO has a strong technical sales team with expertise in securing sales for new technologies and global reach, with particular strength in Asia. We look forward to collaborating with RYOSHO to secure additional orders that may potentially lead to design wins and/or custom development agreements," said Dan Brdar, President and Chief Executive Officer of Ideal Power.
Ideal Power utilizes an asset-light business model leveraging the large investment already made in silicon processing, distribution, demand creation and support infrastructure. This business model allows the Company to continue focusing on disruptive B-TRAN technology improvements and commercialization while minimizing capital requirements.