Shares of Qualstar (NASDAQ: QBAK) rose 14% this morning on news that the company’s N2Power Division has received a $1.0 million order from a significant gaming customer that’s expected to ship over the next 12 months. The N2Power Division is engaged in the design and manufacture of compact and highly-efficient power supplies and provides standard, semi-custom and custom power solutions for many original equipment manufacturers (OEM) in various markets. “The inherent advantages of our power solutions provide OEM designers with valuable increased functionality while reducing thermal loads, cooling requirements and lowering operating costs through very high efficiency ratings,” N2Power’s director of sales, Randy Johnson, stated in the news release.
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About Qualstar Corporation
Qualstar, founded in 1984, is a diversified electronics manufacturer specializing in data storage and power supplies. Qualstar is a provider of high efficiency and high density power supplies marketed under the N2Power™ brand, and of data storage systems marketed under the Qualstar™ brand. The company’s N2Power power supply products provide compact and efficient power conversion for a wide variety of industries and applications including, but not limited to telecom, networking, broadcast, industrial, lighting, gaming and test equipment. The company’s Qualstar data storage products are used to provide highly scalable and reliable solutions to store and retrieve very large quantities of electronic data. For more information visit www.qualstar.com
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