Ideal Power (IPWR) Reports In-Line Q4 EPS

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Ideal Power Reports Fourth Quarter and Full Year 2015 Financial Results

February 11, 2016 4:06 PM EST

AUSTIN, TX -- (Marketwired) -- 02/11/16 -- Ideal Power Inc. (NASDAQ: IPWR), a developer of innovative power conversion technologies, reported results for its fourth quarter and full year ended December 31, 2015.

Key 2015 and Subsequent Highlights:

Received largest order in the Company's history, totalling 14.5MW across our entire product family for deliveries throughout 2016. Added multiple new customers and alliance partners including Gexpro, Sonnen, Wesco International, KACO new energy, EOS Energy Storage, LG Chem and Aquion Energy. Order backlog of $5.2 million at December 31, 2015. Received first commercial orders for Asia; two... More