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TMCNet:  Ideal Power Converters Selected to Present at CleanEquity Monaco 2013

[February 28, 2013]

Ideal Power Converters Selected to Present at CleanEquity Monaco 2013

LONDON, Feb. 28, 2013 /PRNewswire via COMTEX/ -- Ideal Power Converters (IPC), a developer of disruptive electronic power converter solutions, will present at CleanEquity Monaco 2013 on March 7th & 8th at the Sporting d'Hiver, Monaco.


(Logo: http://photos.prnewswire.com/prnh/20121119/CL15975LOGO) CleanEquity Monaco is an annual invitation-only event hosted by Innovator Capital, the London-based specialist cleantech investment bank.

Other partners and sponsors include Prince Albert II of Monaco's Foundation, the Monte-Carlo SBM, Monaco Chamber of Economic Development, Covington & Burling and PR Newswire.

IPC has been identified by an expert panel for CleanEquity Monaco as one of the world's most innovative cleantech companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media.

IPC uses an entirely new technology in its power converters, which are the conduits to modern energy. Its standard lightweight hardware design enables multiple applications, from solar to grid storage to electric vehicle chargers, with only embedded software changes. This allows a high volume, low cost standard hardware platform across all these markets.

This strategy of using a standard high volume hardware design with rapid software differentiation is similar to those seen in the computer and communications industries. IPC is also developing multi-port converters that can combine several converters into one single conversion stage system, which is impossible with conventional technology.

"IPC's patented disruptive technology that has the potential to change multi-billion dollar markets, and we are delighted to participate in CleanEquity Monaco," said Paul Bundschuh, CEO of Ideal Power Converters.

About Ideal Power ConvertersIdeal Power Converters has invented, patented and commercialized a revolutionary new technology that significantly improves the weight, size, cost, efficiency and reliability of electronic power converters - the conduits to modern energy. Based on patented indirect Energy Packet SwitchingTM topology that uses a standard lightweight hardware design and embedded application-specific software, IPC serves the multi-billion dollar power conversion markets of renewable energy, electrical energy efficiency, smart grids and electric vehicles. IPC products include solar inverters, bi-directional battery and electric vehicle chargers, all built on the same lightweight Universal Power Converter Platform(TM).

IPC Press Contact:Wendy Prabhu+1-512-215-4452wendy@mercomcapital.com About Innovator Capital Innovator Capital is a specialist investment bank advising Cleantech and Life Science companies from around the world. Established in 2003, Innovator focuses on the provision of expert strategic and capital markets advice, transaction arranging and M&A services for private and public companies.

www.cleanequitymonaco.com SOURCE Innovator Capital http://rt.prnewswire.com/rt.gif NewsItemId=CL67493&Transmission_Id=201302281020PR_NEWS_USPR_____CL67493&DateId=20130228

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