SOLM - Price Crossed Above 20 Day SMA

Posted by: GCM  /  Category: 20 Day SMA Cross

Solomon Technologies, Inc., together with its subsidiaries, engages in the development, engineering, manufacture, licensing, and sale of electric power drive systems; and the design, development, and production of customer power systems, chassis, and power supply products. It has two divisions, Power Electronics and Motive Power. The Power Electronics Division manufactures products that convert raw electrical power from sources, such as central utility, backup power, and distributed or renewable generation into electricity required by electronic and electrical equipment. This division offers a high voltage/high power line of embedded power conversion products under the brand name Cobalt15, including DC-DC converters; and low voltage products, such as AC-DC and DC-DC converters in both switching and linear configurations. It also offers a range of switching and linear power supplies, including power factor corrected, hot-swappable, and redundant units; legacy power supplies; and single unit and multiple unit size switchers, as well as custom made switchers. This division markets its products to the defense, aerospace, telecommunications, computers, networking, industrial, and medical instrumentation sectors through in-house direct sales resources and a network of manufacturer’s representatives. The Motive Power Division engages in the development, engineering, manufacture, license, and sale of electric power drive systems. This division offers electric power drive systems, electric motors, and safety power management distribution device. Its markets include recreational marine industry for original equipment manufacturer and retrofit applications, and the commercial marine industry, including lifeboats, fishing boats, motor launches, and small military water craft projects. Solomon Technologies was founded in 1992 and is based in Danbury, Connecticut.

SOLM at 10:06 AM 1/6/2009:  Price Crossed Above 20 Day SMA

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