|By PR Newswire||
|January 8, 2013 05:30 AM EST||
TUALATIN, Ore., Jan. 8, 2013 /PRNewswire/ -- CUI Inc, a subsidiary of CUI Global, Inc. (NASDAQ: CUI), today announced that Electronic Products Magazine, a key publication for important developments in products and product technology within the electronics industry, has named the NSM2P "No-Bus" digital point-of-load (POL) series as a Product of the Year for 2012. From thousands of products, the editors at Electronic Products select the winning submissions based on a significant advance in technology or its application, innovation in design, or gain in price/performance.
The NSM2P series is a unique iteration of CUI's class-leading Novum® Advanced Power digital POL modules. The No-Bus series is designed specifically for customers who value the performance advantages inherent in digital power but do not want to incorporate digital bus communication in their systems. The modules allow customers to access a full suite of digital parameters during the development stage where the desired functions can be tested and manipulated within the system through CUI's simple to use graphical user interface (GUI). The NSM2P series offers the flexibility of digital power in a device that is simple to integrate within a power system.
"We are honored to have received this award from Electronics Products Magazine," said William J. Clough, President and CEO of CUI Global. "2012 was a game-changing year for our Novum® Advanced Power Division and it is a privilege for CUI and its Design Team to be recognized among the top companies who have produced the electronic industry's most innovative, successful products and services."
"The editors of Electronic Products Magazine awarded the prestigious Product of the Year to CUI for its NSM2P because it was the first self-compensating point-of-load dc/dc module that doesn't need a digital bus," said Senior Editor Paul O'Shea. "Hence designers don't need to learn digital commands as it allows the engineers to set limits for voltage, current, and temperature by developing a configuration file via a graphical user interface. This makes it easy for developers to change and even store additional configurations for simple access, and with no hardware changes."
Additional information about the NSM2P Product of the Year Award can be found online at http://www2.electronicproducts.com/CUI_Digital_PoL_modules_need_no_digital_bus-article-poypo01_CUI_NSM2P_JAN2013-html.aspx.
About CUI Global, Inc.
Delivering Innovative Technologies for an Interconnected World . . . . .
CUI Global is a publicly traded platform company dedicated to maximizing shareholder value through the acquisition and development of innovative companies and technologies. From its Vergence GasPT2 platform targeting the energy sector, to its subsidiary CUI Inc.'s industry leading digital power platform targeting the networking and telecom industries, CUI Global has built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. CUI Global prides itself on operating with the same level of integrity, respect, and philanthropic dedication that was put in place by CUI Inc.'s founder more than 20 years ago. It is these values that allow the company to make a difference in the lives of their customers, their community, their employees, and their investors. Recently, a move was made to merge and streamline resources with its subsidiary CUI Inc. in order to create a unified, international brand that now positions CUI Global for further strategic expansion.
About CUI Inc.
CUI Inc is a technology company focused on the development and distribution of electronic components. At the leading edge of power supply design, the organization supports customers as they strive to improve the energy efficiency and environmental credentials of their application. The company's power group is complemented by a portfolio of world-class board level components, consisting of interconnect, sound, motion control and thermal products. An unwavering commitment to create collaborative partnerships with customers and a drive to see that their design project is a success has been a hallmark of CUI's sustained growth since its founding in 1989. As a leader in the industry, CUI will continue to invest in the future through new technologies, talented employees, expanded manufacturing capabilities, and a growing global reach.
Important Cautions Regarding Forward Looking Statements
This document contains forward-looking statements 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. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in future operating results due to a number of economic, competitive, and other factors, including, among other things, our reliance on third-party manufacturers and suppliers, government agency budgetary and political constraints, new or increased competition, changes in market demand, and the performance or reliability of our products. These factors and others could cause operating results to vary significantly from those in prior periods, and those projected in forward-looking statements. Additional information with respect to these and other factors, which could materially affect the company and its operations, are included in certain forms the company has filed with the Securities and Exchange Commission.
SOURCE CUI Global, Inc.
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