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Announced today that they are opening a subsidiary that will mine all of the crypto currencies like bitcoin and lite coin. 

South Korea recently authorized some exchanges to trade bitcoin.  

Interesting times we are living in. 

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FREMONT, Calif., Dec. 13, 2017 (GLOBE NEWSWIRE) -- Digital Power Corporation (NYSE American:DPW) ("Digital Power" or the "Company"), a company seeking to increase revenues through acquisitions and organic growth, announced today that it has launched a new business division dedicated to the mining of cryptocurrencies. The Company’s initial strategy is to mine the top ten cryptocurrencies including Bitcoin (“BTC”), Ethereum (“ETH”), Bitcoin Cash (“BCH”), Litecoin (“LTC”), Dash (“Dash”) and Monero (“XMR”). To lead the launch and development of the cryptocurrency mining endeavors, the Company has entered a management services agreement with IMG Networks (“IMG”) of San Diego to establish a series of digital mining farms worldwide with a goal of developing a network of over 10,000 digital mining machines.

Digital Power emphasized that its decision to pursue digital mining of cryptocurrencies and establish the new business division was reached through a series of evaluations, research and actions undertaken by the Company and by PoW Digital Mining, the independent consultants contracted by the Company to lead its development of its cryptocurrency endeavors, as previously announced in a press release dated August 10, 2017. Since September 2017, Digital Power and PoW Digital Mining tested an array of digital mining equipment in its efforts to identify initiatives the Company should pursue and lay the basis of their priority. With the Company’s recent decision to create a cryptocurrency mining division, the testing complex has been transitioned to the commercial generation of revenue. Given the recent approval of Bitcoin to be publicly-traded over two U.S. national exchanges (Chicago Board Options Exchange (“CBOE”) Futures Exchange (“CFE”) and Chicago Mercantile Exchange) and other advances with respect to government regulation and more general acceptance of cryptocurrency by commercial businesses, the Company believes these circumstances bolster the strength of its internal forecasts and enhance the viability of its new business development strategy. The Company believes that it has a competitive advantage based on the following factors:

  1. Over forty-eight (48) years of developing and manufacturing advanced power solutions to some of the most iconic businesses on the Fortune 500.
     
  2. The ability to leverage its existing infrastructure, capacity and excess space at the various manufacturing facilities of Digital Power and its subsidiaries. These facilities comply with applicable governmental or military requirements with agency-issued certificates corroborating these facts. Moreover, each facility has readily available military-grade power solutions to operate digital mining operations. The Company believes its ability to exploit the inherent attributes of its facilities in Northern and Southern California, Connecticut and Great Britain will reduce initial costs and help shorten the time requirement to establish digital mining operations at these locations.
     
  3. The thirteen (13) years of technical and practical experience of IMG in Information Technology such as server administration, network engineering or, in this case, digital mining farms.

IMG Network's expertise lies in information technology, software development, network engineering, and web development and programming. IMG serves both commercial and defense contracts. IMG is involved with several governmental contract vehicles including the U.S. Navy's Seaport-E and the GSA Stars II Governmentwide Acquisition Contract. IMG Networks, a division of Imagine Media Group, LLC, is a California limited liability company formed in 2004. IMG holds several small business certifications at all government levels including a Small Business Administration (SBA) 8(a), a Small Business designation with the California Department of General Services, and ELBE with the City of San Diego. As a service provider, the core competency of IMG is contract management; in addition, in its capacity as a solutions provider, IMG combines a wide array of technical expertise with a customer-centric philosophy focused on meeting mission needs.

The Company also disclosed today that it has been made aware of numerous unfounded and unsubstantiated inquiries and rumors but cannot address each and every one of them. However, Digital Power reminds all shareholders, investors and the public that its many years of manufacturing quality products, cultivation and retention of long-term clients and leading innovation should speak for itself as the Company continues to pursue new endeavors while expanding current revenue streams for the benefit of all interested parties. To maintain the maximum transparency with shareholders, investors and the public, the Company intends to use its best efforts to provide complete and contemporaneous disclosure of its operations.

The Company also reminds shareholders, investors and the public that it will be hosting an online webinar for its shareholders, investors and the public on Wednesday, December 20, 2017, upon the close of the financial markets that day. All individuals interested in participating in the webinar can email the Company to participate at 

    Hello guest!
.

ABOUT DIGITAL POWER

Headquartered in Fremont, CA, Digital Power Corporation, through its subsidiaries, designs, manufactures and sells high-grade customized and off-the-shelf power system solutions. Our products are used in the most demanding communications, industrial, medical and military applications where customers demand high density, high efficiency and rugged power solutions. The Company’s wholly owned subsidiary, Coolisys Technologies, Inc., is dedicated to providing world-class technology-based solutions where innovation is the main driver for mission-critical applications and lifesaving services. Coolisys’ growth strategy targets core markets that are characterized by “high barriers to entry” and include specialized products and services not likely to be commoditized. Coolisys Technologies, Inc., a developer and manufacturer that services the defense, aerospace, medical and industrial sectors, has three subsidiaries including Digital Power Limited dba Gresham Power Ltd., 

    Hello guest!
, a manufacturer based in Salisbury, UK.; Microphase Corporation, 
    Hello guest!
with its headquarters in Shelton, CT 1- 203-866-8000; and Power-Plus Technical Distributors, 
    Hello guest!
, a wholesale distributor based in Sonora, CA 1-800-963-0066.

Digital Power Lending, LLC, is a wholly owned subsidiary of the Company, is based in Fremont, CA, and is a California private lending company dedicated to strategically providing capital to small and middle size businesses for an equity interest in addition to loan fees and interest, 

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. Excelo, LLC, a wholly-owned subsidiary of the Company, is a national search firm specializing in fulfilling strategic executive, professional and hi-tech placements for businesses delivering world-class services, 
    Hello guest!
. Digital Power Corporation's headquarters is located at 48430 Lakeview Blvd., Fremont, California, 94538; 1-877-634-0982
    Hello guest!
.

For Investor inquiries: 

    Hello guest!
    Hello guest!
or 1-888-753-2235.

Forward-Looking Statements

The foregoing release contains “forward looking statements” regarding future events or results within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements concerning the Company’s current expectations regarding revenues for the remaining 2017 and thereafter from contracts and operations on a consolidated basis, the Company’s ability to continue to finance its current operations, the ability of the Company to finance or complete the manufacturing of its new product line for the digital mining community, the ability of the Company to sell digital mining power systems or the ability to raise sufficient capital to establish digital mining farms or its ability to operate successfully those farms and be profitable. The Company cautions readers that such “forward looking statements” are, in fact, predictions that are subject to risks and uncertainties and that actual events or results may differ materially from those anticipated events or results expressed or implied by such forward- looking statements. The Company disclaims any current intention to update its “forward looking statements,” and the estimates and assumptions within them, at any time or for any reason, unless required by applicable law. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at 

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and on the Company’s website at 
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.

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In related news, Director Milton C. Ault III acquired 75,100 shares of the stock in a transaction on Wednesday, October 4th. The stock was purchased at an average price of $0.60 per share, for a total transaction of $45,060.00. The acquisition was disclosed in a document filed with the SEC, which is available at 

    Hello guest!
. 

A hedge fund recently bought a new stake in Digital Power stock. Asset Management One Co. Ltd. bought a new stake in Digital Power Co. (NYSEAMERICAN:DPW) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 166,719 shares of the technology company’s stock, valued at approximately $3,745,000. Asset Management One Co. Ltd. owned about 1.03% of Digital Power at the end of the most recent quarter.

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    • Arauna

      Arauna 1,426

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    • Claud's Lst  »  misette

      Bonjour Misette comment ça va. Merci beaucoup pour ton travail que tu as fait et continue de faire. 
      Nous avons pas reçu le joyau pour cette semaine, dis nous si il y a un problème. 
      Merci que Jéhovah continue de te benir. 
      · 2 replies
    • Isabella

      Good ideas 
       

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    • 4Jah2me  »  Srecko Sostar

      Hi Srecko. I hope you can see this photo. This is my daily driving car. It is outside a Dance Studio where  I have danced and hope to go dancing again, John 

      · 2 replies
    • Tennyson  »  Queen Esther

      Hello my sister, i have not head from you long sice. I hope you are wel. Hope to hear from you soon. Agape.
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    • Doryseeker  »  4Jah2me

      *** it-2 p. 7 Jehovah ***
      The Codex Leningrad B 19A, of the 11th century C.E., vowel points the Tetragrammaton to read Yehwahʹ, Yehwihʹ, and Yeho·wahʹ. Ginsburg’s edition of the Masoretic text vowel points the divine name to read Yeho·wahʹ. (Ge 3:14, ftn) Hebrew scholars generally favor “Yahweh” as the most likely pronunciation. They point out that the abbreviated form of the name is Yah (Jah in the Latinized form), as at Psalm 89:8 and in the expression Ha·lelu-Yahʹ (meaning “Praise Jah, you people!”). (Ps 104:35; 150:1, 6) Also, the forms Yehohʹ, Yoh, Yah, and Yaʹhu, found in the Hebrew spelling of the names Jehoshaphat, Joshaphat, Shephatiah, and others, can all be derived from Yahweh. Greek transliterations of the name by early Christian writers point in a somewhat similar direction with spellings such as I·a·beʹ and I·a·ou·eʹ, which, as pronounced in Greek, resemble Yahweh. Still, there is by no means unanimity among scholars on the subject, some favoring yet other pronunciations, such as “Yahuwa,” “Yahuah,” or “Yehuah.”
      Since certainty of pronunciation is not now attainable, there seems to be no reason for abandoning in English the well-known form “Jehovah” in favor of some other suggested pronunciation. If such a change were made, then, to be consistent, changes should be made in the spelling and pronunciation of a host of other names found in the Scriptures: Jeremiah would be changed to Yir·meyahʹ, Isaiah would become Yeshaʽ·yaʹhu, and Jesus would be either Yehoh·shuʹaʽ (as in Hebrew) or I·e·sousʹ (as in Greek). The purpose of words is to transmit thoughts; in English the name Jehovah identifies the true God, transmitting this thought more satisfactorily today than any of the suggested substitutes.
      *** it-2 p. 7 Jehovah ***
      The Codex Leningrad B 19A, of the 11th century C.E., vowel points the Tetragrammaton to read Yehwahʹ, Yehwihʹ, and Yeho·wahʹ. Ginsburg’s edition of the Masoretic text vowel points the divine name to read Yeho·wahʹ. (Ge 3:14, ftn) Hebrew scholars generally favor “Yahweh” as the most likely pronunciation. They point out that the abbreviated form of the name is Yah (Jah in the Latinized form), as at Psalm 89:8 and in the expression Ha·lelu-Yahʹ (meaning “Praise Jah, you people!”). (Ps 104:35; 150:1, 6) Also, the forms Yehohʹ, Yoh, Yah, and Yaʹhu, found in the Hebrew spelling of the names Jehoshaphat, Joshaphat, Shephatiah, and others, can all be derived from Yahweh. Greek transliterations of the name by early Christian writers point in a somewhat similar direction with spellings such as I·a·beʹ and I·a·ou·eʹ, which, as pronounced in Greek, resemble Yahweh. Still, there is by no means unanimity among scholars on the subject, some favoring yet other pronunciations, such as “Yahuwa,” “Yahuah,” or “Yehuah.”
      Since certainty of pronunciation is not now attainable, there seems to be no reason for abandoning in English the well-known form “Jehovah” in favor of some other suggested pronunciation. If such a change were made, then, to be consistent, changes should be made in the spelling and pronunciation of a host of other names found in the Scriptures: Jeremiah would be changed to Yir·meyahʹ, Isaiah would become Yeshaʽ·yaʹhu, and Jesus would be either Yehoh·shuʹaʽ (as in Hebrew) or I·e·sousʹ (as in Greek). The purpose of words is to transmit thoughts; in English the name Jehovah identifies the true God, transmitting this thought more satisfactorily today than any of the suggested substitutes.
       
      · 1 reply
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