SOURCE: Qualstar Corporation

Qualstar Corporation

March 31, 2010 10:00 ET

N2Power and Powergate LLC Sign Distribution Agreement

SIMI VALLEY, CA--(Marketwire - March 31, 2010) -  N2Power, a Qualstar Company (Qualstar® Corporation) (NASDAQ: QBAK), today announced that it has signed an agreement with Powergate LLC to be a distributor for N2Power's entire product line of XL-Series AC-DC and DC-DC power supplies throughout North America. Powergate LLC focuses exclusively on delivering state-of-the-art power technology solutions to OEMs (original equipment manufacturers) and integrators. 

N2Power's widely regarded XL-Series AC-DC and DC-DC power supplies produce more power in less space, freeing up valuable system real estate. Eight XL-Series product families are expressly designed for applications such as industrial automation, gaming systems, telecommunications, security and surveillance systems, and network servers, and span a range of outputs from 125 watts to 375 watts. Very compact, low profile packaging yields unmatched power density, making the system designer's job much easier.

"We are very pleased that Powergate LLC has invited N2Power to join their select list of suppliers," said Randy Johnson, N2Power business unit manager. "Our agreement gives N2Power enhanced resources to support customers by leveraging Powergate LLC's advanced warehousing and inventory management systems, and their sales and applications teams that are focused exclusively on delivering power supply solutions. Our state-of-the-art power supplies both broaden and compliment Powergate LLC's current offerings. Together, we deliver more value and greater flexibility to OEM power system designers that pay real competitive dividends in their final products."

The XL-Series high power density product families incorporate industry leading features including active power factor correction, built in Or'ing diodes for current sharing, active inrush current limiter, remote on-off, I2C interface for digital power management and over 90% efficiency in most models. All N2Power supplies meet the full range of international agency approvals.

N2Power's XL-Series power supplies are sold worldwide. Contact Powergate LLC at www.powergatellc.com. Contact N2Power at 805-583-7744, or visit www.n2power.com for further information.

About Qualstar Corporation
Qualstar manufactures automated tape libraries and power supplies. Its products are known throughout the world for energy efficiency and rugged, Simply Reliable designs yielding years of trouble-free operation. Qualstar tape libraries are sold, installed and supported worldwide to backup, archive and protect data from incidental and catastrophic loss. Its N2Power brand high efficiency, ultra small switching power supplies are sold to OEM manufacturers worldwide, where very low power consumption is required. Qualstar Corporation is publicly traded on the NASDAQ National Market under the symbol QBAK. More information is available at www.qualstar.com or by phone at 805-583-7744.

Forward-Looking Statements
Statements concerning the future business, operating results and financial condition of the Company are "forward-looking" statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements are based upon management's current expectations and are subject to a number of uncertainties that could cause actual performance and results to differ materially from the results discussed in the forward-looking statements. Factors that could affect the Company's actual results include the Company's ability to increase sales of its products; rescheduling or cancellation of customer orders; unexpected shortages of critical components; unexpected product design or quality problems; and, adverse changes in market demand for its products. The Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise. Further information on these and other potential factors that could affect the Company's financial results or condition are included in Qualstar's filings with the Securities and Exchange Commission. In particular, reference is made to the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2009, and to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of its Form 10-K and its most recent Quarterly Report on Form 10-Q.

Qualstar and the Qualstar logo are registered trademarks of Qualstar Corporation.

Contact Information

  • For more information, contact:
    Bob Covey
    Qualstar Corp.
    805.583.7744
    Email Contact