LOS
ANGELES, February
18, 2003
-- Magnetek
Inc. (NYSE:
MAG) has introduced
a new series
of power converters
designed to
save money
and space
in wireless
telecommunications
installations.
While many
existing wireless
installations
operate on
24-Volt direct
current (dc),
48-Vdc equipment
is now becoming
the rule.
Magnetek's
new converters
change 24-Vdc
into 48-Vdc,
eliminating
the need to
replace 24-Vdc
equipment
in existing
installations.
Magnetek's
modular, 1¾-inch
("1U") slim
converters
also save
space.
The 1,200-Watt
units mount
side-by-side
in standard
19-inch racks,
providing
scalability
up to 10,800
Watts of power,
which is more
than adequate
for most wireless
telecom installations.
Commenting
on the significance
of the converters,
Michael Smith,
Director of
North American
Sales for
Magnetek's
Power Electronics
Group, said,
"We believe
our 'FE Series'
will help
wireless system
operators
make the most
of their installed
base, enabling
them to upgrade
sites using
existing power
systems to
minimize cost
while supporting
next generation
systems and
backhaul equipment."
Magnetek
"FE Series"
converters
are well suited
for telecom
applications
in other ways
as well.
Designed to
meet NEBS
Level-3 requirements,
they offer
great power
density (more
than 5.3 Watts
per cubic
inch) and
high efficiency
(typically
88%).
They deliver
clean, reliable
48-Vdc output
from any 19-
to 32-Vdc
power source,
making them
ideal for
cellular carrier
base stations
and fiber
and microwave
backhaul installations.
And if necessary,
the units
can be replaced
"on the fly"
without shutting
down the system.
Evaluation
units of Magnetek's
new "FE Series"
converters
are available
through the
Company's
representatives
and distributors
nationwide.
Magnetek,
Inc. manufactures
digital power
supplies and
systems used
in industrial,
commercial
and consumer
applications
requiring
highly reliable,
precise, energy-efficient
power. The
Company operates
manufacturing
and research
facilities
in North America,
Europe and
Asia, employs
approximately
1,500 people
and reported
revenue of
$188 million
for fiscal
2002, ended
on June 30,
2002.
–
30 –
This
news release
contains forward-looking
statements
within the
meaning of
the Private
Securities
Litigation
Reform Act
of 1995, including
statements
regarding
the Company's
anticipated
financial
and operating
results and
expectations
regarding
sales of and
markets for
its products
and services,
including
industrial
and elevator
controls.
These forward-looking
statements
are based
on the Company's
expectations
and are subject
to a number
of risks and
uncertainties,
many of which
cannot be
predicted
or quantified
and are beyond
the Company's
control. Future
events and
actual results
could differ
materially
from those
set forth
in, contemplated
by, or underlying
these forward-looking
statements.
