Richardson Electronics Announces European Expansion for ULTRA3000® Series – Energy Storage and Power Delivery Modules

LaFox, IL, Thursday, October 14, 2021 – Richardson Electronics, Ltd. (NASDAQ: RELL) is expanding into the European market with the patented ULTRA3000® Series of ultracapacitor modules that are custom designed for energy storage and power delivery for wind turbine generators. This proven technology has been highly successful in the North American market, with over 2 million accumulated hours of operation in wind turbine pitch systems. Its patented plug-and-play design allows users to reduce installation time and labor cost and decrease downtime.

“The ULTRA3000® is extremely well received by key wind farm owners/operators in North America. We are excited about the launch of this product into the European market, where green initiatives are rapidly increasing.  With our strong resources and infrastructure in Europe, we are able to immediately serve new and existing customers throughout Europe with this groundbreaking technology,” said Greg Peloquin, Executive Vice President of Richardson Electronics’ Power & Microwave Technologies group.

Richardson Electronics will be exhibiting at the Key Energy – Renewable Energy Expo, stand D7-194.  The conference will take place October 26 through October 29, 2021, at the Rimini Expo Centre, Italy. Key Energy is an international exhibition and conference covering renewable energy, energy storage systems, energy efficiency, urban regeneration, sustainable mobility, lighting, and smart grids. A focus area is wind technology, including floating wind technology, components, solutions for revamping and re-powering existing parks, and operations and maintenance. The show is in collaboration with ANEV (Italy’s National Association of Wind Energy). Key Energy will showcase technologies, services, and integrated solutions that promote and accelerate the transition to a carbon-neutral economy – the main aim of the Green Deal, the strategic plan for sustainable growth launched by the European Union.

Meet with the Richardson Electronics team at the Key Energy Expo – stand D7-194.  To learn more about the show or to register, visit the Key Energy registration page.

 

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes, and related consumables; power conversion and RF and microwave components; flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

 

About Richardson Electronics – Power & Microwave Technologies

For nearly 75 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave, and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at: www.rellpower.com.

Richardson Electronics, Ltd. to Present at LD Micro Main Event

LaFox, IL, September 30, 2021: Richardson Electronics, Ltd. (Nasdaq: RELL), announced today that it will be presenting at the 14th annual LD Micro Main Event on Wednesday, October 13, 2021, at 10:30 a.m. PT/1:30 p.m. ET at the Luxe Sunset Bel-Air in Los Angeles. Edward J. Richardson, Chairman and CEO of Richardson Electronics, Ltd., will be giving the presentation and answering questions from investors.

The company will be discussing its fiscal year 2021 and first quarter fiscal year 2022 performance as well as highlighting its growth initiatives and launch of its patented ULTRA3000® Pitch Energy Module (PEM), an ultracapacitor-based plug and play replacement for batteries within GE wind turbine pitch systems.

The 2021 LD Micro Main Event will be held from Tuesday, October 12th to Thursday, October 14th. The conference runs from 8:00 a.m. PT – 5:30 p.m. PT on the 12th and 13th with a morning session on the 14th. This three-day investor conference is expected to feature around 150 companies, presenting for 25 minutes each, as well as several influential keynotes in person. Register to watch the virtual presentation here.

For more information on the conference, please contact Dean@ldmicro.com

 

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value flat panel detector solutions, replacement parts, tubes and service training for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

 

Forward-Looking Statements

This release includes certain “forward-looking” statements as defined by the Securities and Exchange Commission.  Statements in this press release regarding the Company’s business that are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Item 1A, “Risk Factors” in the Company’s Annual Report on Form 10-K filed on August 2, 2021, and other reports we file with the Securities and Exchange Commission.  The Company assumes no responsibility to update the “forward-looking” statements in this release as a result of new information, future events or otherwise.

About LD Micro (NASDAQ: SRAX)

LD Micro aims to be the most crucial resource in the micro-cap world. Whether it is the index, comprehensive data, or hosting the most significant events on an annual basis, LD’s sole mission is to serve as an invaluable asset for all those interested in finding the next generation of great companies.

 

http://www.ldmicro.com

Richardson Electronics Announces Date of First Quarter Fiscal Year 2022 Conference Call

LAFOX, Ill., September 29, 2021 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its first quarter ended August 28, 2021 after the close of business on Wednesday, October 6, 2021. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com.

On Thursday, October 7, 2021, at 9:00 a.m. CDT, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company’s first quarter fiscal year 2022 results. A question and answer session will be included as part of the call’s agenda.

Participant Instructions

To listen to the call, please dial (USA/CANADA) (866) 784-8065 or (International) (602) 563-8684 and enter Conference ID: 3584788 approximately five minutes before the start of the call. A replay of the call will be available beginning at 1:00 p.m. CDT on October 7, 2021, for seven days. The telephone number for the replay is (855) 859-2056; Conference ID: 3584788.

 

About Richardson Electronics, Ltd.

 Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value flat panel detector solutions, replacement parts, tubes and service training for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics, Ltd. common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

Richardson Electronics Selects SM Berger & Company, Inc. to Lead Strategic Investor Relations Program

LaFox, IL, September 14, 2021– Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for numerous applications including renewable energy, semiconductor wafer fabrication components, replacement parts and tubes for CT scanners and MRI equipment, and custom displays is pleased to announce it has retained SM Berger & Company, Inc. to lead its investor relations strategy.

Founded in 1984, SM Berger & Company has partnered with over 100 companies to develop and manage modern, integrated, and results-oriented investor relations and communications programs.  SM Berger & Company specializes in helping underfollowed small- and micro-cap companies across multiple industries engage with the capital markets.

“Over the past five years, we have focused on diversifying our business into high growth sectors including renewable energy, 5G, healthcare and the semiconductor markets.  We believe we are well positioned to create sustainable value for our shareholders as we benefit from continued sales growth and improving profitability,” stated Edward J. Richardson, Richardson Electronics CEO and Chairman. “SM Berger has the experience helping companies like ours effectively communicate complex strategies to capital market participants and expand our reach to new investors. With our strong balance sheet and steadily improving income statement, we are excited to have SM Berger help us communicate our success to the investment community.”

Andrew Berger, President of SM Berger & Company stated, “Richardson Electronics has done an excellent job leveraging its engineering resources and product development capabilities to take advantage of compelling trends underway across large and rapidly expanding markets.  For over 37 years, we have been helping businesses like Richardson Electronics navigate an increasingly complex capital market environment.  We look forward to providing our expertise and strategic counsel to support a results-oriented and proactive investor relations program that advocates for both the Company and its shareholders.”

SM Berger will oversee Richardson Electronics’ investor relations functions and serve as a key point of contact for shareholders.

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

 

About SM Berger & Company, Inc.

As one of the nation’s oldest investor relations firms, SM Berger & Company, Inc. has helped over 100 small- and micro-cap companies develop and manage their investor relations programs, improve their communications, and increase their investor following.  Professional investors know SM Berger & Company for representing value-oriented, growth companies whose performance compares favorably to the Russell Microcap Index.

 

Forward Looking Statements

 This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. The Company does not undertake to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended May 29, 2021, as filed with the Securities and Exchange Commission.

Richardson Electronics, Ltd. to Present at the Sidoti Virtual Investor Conference on August 18, 2021

LaFox, IL, August 10, 2021:  Richardson Electronics, Ltd. (NASDAQ: RELL) today announced that it will be presenting at the Sidoti Virtual Investor Conference on Wednesday, August 18, 2021 from 1:30 p.m. to 2 p.m. CDT.  Edward J. Richardson, Chairman and CEO, will be presenting and meeting with investors throughout the day on August 18th and 19th.  The company will be discussing its recent fiscal year performance as well as highlighting its growth initiatives and launch of its patented ULTRA3000® Pitch Energy Module (PEM), an ultracapacitor-based plug and play replacement for batteries within GE wind turbine pitch systems.

Investors will be able to register for the presentations and schedule meeting times via the weblink: Sidoti Presentation Weblinks.

ABOUT RICHARDSON ELECTRONICS, LTD.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value flat panel detector solutions, replacement parts, tubes and service training for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets.  The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities.  The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

 

FORWARD-LOOKING STATEMENTS

This release includes certain “forward-looking” statements as defined by the Securities and Exchange Commission.  Statements in this press release regarding the Company’s business that are not historical facts represent “forward-looking” statements that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Item 1A, “Risk Factors” in the Company’s Annual Report on Form 10-K filed on August 2, 2021, and other reports we file with the Securities and Exchange Commission.  The Company assumes no responsibility to update the “forward-looking” statements in this release as a result of new information, future events or otherwise.

 

Richardson Electronics Receives Patent for a Pitch Energy System for Wind Turbines

Newly Issued Patent to Allow Replacement of Wind Turbine Batteries with Ultracapacitors

LaFox, IL, July 29th, 2021– Richardson Electronics, Ltd. (NASDAQ: RELL), a global provider of engineered solutions for numerous renewable energy applications, is pleased to announce the issuance of U.S. Patent No. 11,073,130 (the ’130 Patent). The ’130 Patent is a result of Richardson’s innovative solutions for replacing lead-acid batteries in wind turbine pitch systems. Richardson’s solution is embodied in its market-leading solution, the ULTRA3000® Pitch Energy Module (PEM). The ULTRA3000® is an ultracapacitor-based plug and play replacement for batteries, including General Electric’s (GE) wind turbine pitch systems. The ULTRA3000® PEM is a direct one-for-one replacement for the GE batteries and chargers and can be installed with no modifications to the battery box.

“We are very pleased the U.S. Patent Office recognized the innovation of our ULTRA3000® Pitch Energy Module. The Richardson engineering and manufacturing team worked hard on this product to make it a truly plug-and-play product, allowing for easy and efficient installation,” stated Richardson’s Greg Peloquin, Executive Vice-President, Power and Microwave Technologies Group. “We are excited to bring the ULTRA3000® to market and provide a cost-effective, improved solution for replacing lead-acid batteries in wind turbine pitch systems.”

Richardson will be presenting its patented ULTRA3000® PEM at the upcoming Symposium APETT show, held September 8, 2021, in Denmark, and the Cleanpower Expo, held December 7th-8th 2021, at the Salt Palace Convention Center in Salt Lake City, Utah.

 

About Richardson Electronics, Ltd.

Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; flat panel detector solutions and replacement parts for diagnostic imaging equipment; and customized display solutions.  We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

About Richardson Electronics – Power & Microwave Technologies

For over 70 years, Richardson Electronics has been your industry-leading global provider of engineered solutions, RF & microwave, and power products. With the launch of the Power & Microwave Technologies group, we continue this legacy and complement it with new products from the world’s most innovative technology partners. Richardson Electronics’ Power & Microwave Technologies group focuses on what we do best: identify and design disruptive technologies, introduce new products on a global basis, develop solutions for our customers, and provide exceptional worldwide support. As a global company, we provide solutions and add value through design-in support, systems integration, prototype design and manufacturing, testing, logistics, and aftermarket technical service and repair—all through our existing global infrastructure. More information is available at www.rellpower.com.

Forward-Looking Statements

This release includes certain “forward-looking” statements as defined by the Securities and Exchange Commission.  Statements in this press release regarding the Company’s business that are not historical facts represent “forward-looking” statements that involve risks and uncertainties. A wide variety of factors that may cause actual results to differ from the forward-looking statements include, but are not limited to, the following: whether the ’130 Patent will solidify the Company’s foothold in the wind turbine market in the future; whether the Company will be able to adapt the  technology underlying the ‘130 Patent to perform as intended; competition from larger, more established companies with far greater economic and human resources; its ability to attract and retain customers and quality employees; the effect of changing economic conditions; and changes in government regulations, tax rates and similar matters. These cautionary statements should not be construed as exhaustive or as any admission as to the adequacy of the Company’s disclosures. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Item 1A, “Risk Factors” in the Company’s Annual Report on Form 10-K filed on August 3, 2020, and other reports we file with the Securities and Exchange Commission.  The Company assumes no responsibility to update the “forward-looking” statements in this release as a result of new information, future events or otherwise.

Richardson Electronics Announces Date of Fourth Quarter Fiscal Year 2021 Conference Call

LAFOX, Ill., July 14, 2021 (GLOBE NEWSWIRE) — Richardson Electronics, Ltd. (NASDAQ: RELL) plans to release its financial results for its fourth quarter and fiscal year ended May 29, 2021 after the close of business on Wednesday, July 21, 2021. The release will be distributed by GlobeNewswire and will be available on the Company’s website at www.rell.com.

On Thursday, July 22, 2021, at 9:00 a.m. CDT, Edward J. Richardson, Chairman and Chief Executive Officer, and Robert J. Ben, Chief Financial Officer, will host a conference call to discuss the Company’s fourth quarter and fiscal year 2021 results. A question and answer session will be included as part of the call’s agenda.

Participant Instructions

To listen to the call, please dial (USA/CANADA) (866) 784-8065 or (International) (602) 563-8684 and enter Conference ID: 8618936 approximately five minutes before the start of the call. A replay of the call will be available beginning at 1:00 p.m. CDT on July 22, 2021, for seven days. The telephone number for the replay is (855) 859-2056; Conference ID: 8618936.

 

About Richardson Electronics, Ltd.

 Richardson Electronics, Ltd. is a leading global provider of engineered solutions, power grid and microwave tubes and related consumables; power conversion and RF and microwave components; high value flat panel detector solutions, replacement parts, tubes and service training for diagnostic imaging equipment; and customized display solutions. We serve customers in the alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific and semiconductor markets. The Company’s strategy is to provide specialized technical expertise and “engineered solutions” based on our core engineering and manufacturing capabilities. The Company provides solutions and adds value through design-in support, systems integration, prototype design and manufacturing, testing, logistics and aftermarket technical service and repair through its global infrastructure. More information is available at www.rell.com.

Richardson Electronics, Ltd. common stock trades on the NASDAQ Global Select Market under the ticker symbol RELL.

 

Canvys Announces New 10.1″ HD Monitor

Custom Display Solution for Medical and Industrial Applications

 LaFox, IL – June 17, 2021: Canvys – Visual Technology Solutions expands its product portfolio with a new 10.1″ display with HD resolution (1280 x 800 pixels). The new monitor can be customized to meet various industrial and medical requirements.

The 10.1-inch display is available as a true-flat version with a protective screen or with a PCAP touch. The PCAP version uses an anti-glare (AG) coating, which significantly reduces the visibility of fingerprints while still allowing fingers to glide across the screen.  This enhanced functionality even works with multi-layer latex glove operation. The completely sealed housing (no ventilation holes) offers IP 54 class splash water protection enabling easy cleaning and disinfection, which is critical in medical environments. A USB controls the PCAP touch and supports all common Windows and Android systems. Drivers for most Linux distributions are also available.

Inputs available include DVI, display port, and HDMI. The standard brightness is 500 cd/m² (candela per square meter) with a contrast ratio of 800 to 1. The Azimuthal Anchoring Switch (AAS) panel, technology similar and comparable to IPS, allows for 170 degrees horizontal and vertical viewing angles without color distortions. In addition, the standard power supply with a snap-in connector is 12 VDC.

Applications for the Canvys 10.1 inch monitor include:

  • Medical
    • Ophthalmology
    • Dental Care Units
    • Colposcopy Digital Imaging System
    • Endoscopy – portable units
    • Medical HMI (Human Machine Interface)
    • Robotic-Assisted Surgery
  • Industrial
    • HMI Machine Control
    • Quality Control
    • Digital Signage
    • Digital Door Signs

Other custom options include logos, touch, coatings, firmware, mainboards, accessory kits, stand base, and enclosure designs. The monitors are MDR-compliant with documentation upon request, and are certified according to medical and industrial standards; additional certifications are possible.

Detailed information on the new Canvys 10.1-inch monitor can be found at: https://www.canvys.com/news-press/blog/2104us-10-1-inch-monitor/