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Company News:
Xantrex to showcase exciting 2007 portable and backup power lineup at CES
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VANCOUVER, B.C., January 4, 2007 – Xantrex Technology Inc. (TSX:XTX) will showcase its 2007 lineup of leading-edge portable and backup power solutions at the upcoming Consumer Electronics Show (CES), the world's largest annual tradeshow for consumer technology, January 8-11 in Las Vegas.
Xantrex continues to lead and innovate in the portable power category with sleek new designs and original features, including two new power packs; one with a built-in digital audio sound system, the other with an integrated solar panel that provides its own renewable power.
Understanding the importance for consumers to have reliable, convenient backup power and emergency preparedness solutions, Xantrex will further expand its product lineup with the PowerPanel – a unique portable backup power unit that lights the way to power and safety in the event of a blackout or storm. “Market demand for mobile power is growing rapidly due to the tremendous popularity of mobile devices that require power anytime, anywhere”, said John Wallace, Xantrex CEO. “The need for safe, reliable, backup power has also become increasingly relevant, as consumers are affected by power outages and emergencies caused by extreme weather conditions.”
Leveraging unique expertise in the solar and portable power markets, Xantrex will launch a new category of products known as, ‘Personal Renewable Energy’ (PRE) to the 50 million LOHAS (Lifestyles of Health and Sustainability) consumers in the US, looking for solutions that reduce environmental impact and provide sustainable alternatives.
John Wallace added, “We see an emerging need for renewable power options in the portable and backup categories. We are strategically positioned to be the first to leverage this unique opportunity, with our experience and success in the solar and portable power markets.”
Visit the Xantrex booth at CES, #36038, located in South Hall 4, to learn more about these exciting new portable and backup power solutions.
About Xantrex Xantrex Technology Inc. (www.xantrex.com) is a world leader in the development, manufacturing and marketing of advanced power electronic products and systems for the renewable, portable, mobile, and programmable power markets. The company’s products convert and control raw electrical power from any central, distributed, renewable, or backup power source into high-quality power required by electronic and electrical equipment. Headquartered in Vancouver, British Columbia, the company has facilities in Arlington, Washington; Livermore, California; Elkhart, Indiana; Barcelona, Spain; and Reading, England. Xantrex is publicly listed on the Toronto Stock Exchange under the ticker symbol "XTX".
Note that this news release contains forward-looking statements related to Xantrex Technology Inc. Such statements reflect the current views of Xantrex with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in these forward-looking statements.
For further information, please contact: Anna O'Neil Office 650-762-2868 Mobile: 415-265-1568 aoneil@ar-edelman.com
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