Comarco Awarded Next Generation Slim and Light Universal Power Adapter By Lenovo
Posted on: Friday, 17 October 2008, 06:00 CDT
LAKE FOREST, Calif., Oct. 17 /PRNewswire-FirstCall/ -- Comarco, Inc. today announced that it has been awarded a follow-on contract by Lenovo for its next-generation ChargeSource(R) universal power adapter. The new adapter is slimmer, lighter, and more modular than the ChargeSource adapter currently offered by Lenovo as an accessory for its line of notebook computers. Shipments of the new adapter to Lenovo are scheduled to begin in the second quarter of calendar 2009.
"The continuation of our relationship with Lenovo with our next-generation ChargeSource adapter marks another critical milestone for the Company," said Sam Inman, President and Chief Executive Officer of Comarco. "As we have discussed previously, one of our key initiatives to drive profitability was the introduction of a cost-optimized adapter. This 'slim and light' ChargeSource adapter is based on our new cost-optimized modular design, and it will enhance our profit margins. We also believe that it will provide additional opportunities for expansion within Lenovo."
"We have been working diligently with the Lenovo team globally, and this next generation universal power adapter award is a result of a great team effort between our companies," commented Fredrik Torstensson, Vice President, Sales and Marketing of Comarco. "The ability to charge multiple consumer electronic devices is a true market differentiator and eliminates the need of end users to carry several power supplies. This partnership is a major step in our strategic effort to broaden ChargeSource distribution worldwide."
"The award of this contract is a testament to the strength of our relationship with Comarco and our appreciation of the Company's ability to provide innovation to Lenovo," said Peter H. Schrady, Vice President and General Manager, Lenovo. "We chose the next generation ChargeSource 'slim and light' adapter, following a comprehensive review, because of its modularity and the options this provides us in terms of enhancing our product offerings to our notebook customers."
Comarco external power adapters are based on proprietary patented construction technologies that enable the production of lighter, smaller power sources to power and charge portable electronic devices from standard wall outlets, as well as power outlets in airplanes, cars and other modes of transportation. Comarco power adapter products are unique in that the output voltage can be automatically varied between 0 and 25 volts, allowing charging of low voltage cell phones and high voltage notebook computers.
Lenovo, dedicated to building the world's best engineered notebook computers, was formed by Lenovo Group's acquisition of the former IBM Personal Computing Division. Lenovo develops, manufactures and markets reliable high- quality, secure and easy-to-use technology products and services worldwide. Lenovo has major research centers in Yamato, Japan; Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina.
About Comarco
Based in Lake Forest, Calif., Comarco is a leading provider of innovative mobile power solutions through its ChargeSource(R) line of multi-function universal mobile power products which can simultaneously power and charge multiple devices such as notebook computers, mobile phones, BlackBerry(R) smartphones, iPods(R), and many other rechargeable mobile devices. More information about Comarco and its product lines can be found at http://www.comarco.com/ and http://www.chargesource.com/.
Company Contacts: Investor Contacts: Winston Hickman Douglas Sherk/Jenifer Kirtland Chief Financial Officer EVC Group, Inc. Comarco, Inc. (415) 896-6820 (949) 599-7446 dsherk@evcgroup.com whickman@comarco.com jkirtland@evcgroup.com
Comarco, Inc.
CONTACT: Winston Hickman, Chief Financial Officer of Comarco, Inc.,+1-949-599-7446, whickman@comarco.com; or Investors, Douglas Sherk,dsherk@evcgroup.com, or Jenifer Kirtland, jkirtland@evcgroup.com, both of EVCGroup, Inc., +1-415-896-6820, both for Comarco, Inc.
Web site: http://www.evcgroup.com/http://www.comarco.com/
Source: PRNewswire-FirstCall
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