CAMARILLO, Calif., Jan 13, 2010 (BUSINESS WIRE) -- Power-One, Inc. (NASDAQ:PWER), a leading provider of renewable energy and energy-efficient power conversion and power management solutions, confirms that there is no material damage to its Dominican Republic site from the devastating earthquake that hit Haiti yesterday. Operations were unaffected at the facility and the planned closure of manufacturing in the Dominican Republic in the first half of 2010 is still on track.
"We are saddened to hear about the tragedy in Haiti and are providing a donation to the victims of earthquake," said Richard Thompson, Chief Executive Officer of Power-One.
Power-One designs and manufactures energy-efficient power conversion and power management solutions for alternative/renewable energy, routers, data storage and servers, wireless communications, optical networking, medical diagnostics, military, railway controls, semiconductor test equipment, and custom applications. Power-One, with headquarters in Camarillo, CA, has global sales offices, manufacturing, and R&D operations in Asia, Europe, and the Americas. For information on Power-One and its products, visit the Company's Web site at www.power-one.com.
SOURCE: Power-One, Inc.
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