LAFOX, Ill., July 13, 2020 (GLOBE NEWSWIRE) — RichardsonElectronics, Ltd. (NASDAQ: RELL) announced today the availability of LS Mtron’s 3.0V 3400F ultracapacitor, one of the highest power density storage cells in the industry. The 3.0V 3400F ultracapacitor stores 4.2Wh of energy in a 390 cm3 package making it an ideal solution for customers who want to take full advantage of an ultracapacitor’s almost limitless charge cycles and reliability. In addition, customers will benefit from the increased capacity over a wide range of temperatures down to -40 . With 10 years of research and design in the development of the 3V Series, this cell is a major milestone in the quest to provide the best product for our customers with 40% more capacity in the same case size.“LS Mtron has gone above and beyond in their continued investment in this product line. The 3.0V 3400F ultracapacitor is unique to the industry and presents excellent opportunities in the energy storage sector.” says Greg Peloquin, EVP of the Power and Microwave Technologies Division of Richardson.About Richardson Electronics – Power & Microwave TechnologiesFor over 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave and power products. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.About Richardson Electronics, Ltd.Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components, flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.About LS MtronLS Mtron Co.,Ltd. is primarily focused on industrial machinery and high tech components. The company offers tractors, injection molding machines, track shoes, connector/antenna, automotive parts, ultracapacitor, among others. LS Mtron is based in Anyang, South Korea, with manufacturing plants all across the country. The company was established in 1962 as part of LG group. In 2003 LS Group including LS Mtron separated from LG group, and developed into one of the biggest conglomerates in Korea, reaching annual sales revenue of 27 billion USD in 2018. More information is available at https://www.ultracapacitor.co.kr:8001/.For Details Contact: Chris Marshall CTO/VP of Marketing Phone: (630) 208-2222 chrism@rell.com
Before you continue, please confirm the following:
Professional advisers only
I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.
Important Notice for Investors:
The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.
No Investment Advice:
The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.
High Risks:
Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.
Sole Responsibility:
The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.
No Guarantees:
Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.
Regional Restrictions:
The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.
Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.