Powersoft starts public trading on AIM Italia
- Details
The move is expected to bolster the company’s growth plans and intensify its R&D activities. Powersoft shares - ordinary shares and warrants - began trading on 17 December, following a settlement on 14 December.
Powersoft’s CEO Luca Lastrucci comments: “We have enjoyed great success in the last few years, which has been evidenced by the significant advances we have made over the last two decades, both technologically and territorially. In order to take the next step forward, we have decided to open ourselves up to a wider world. This will, in turn, give us more capital to maintain our strong focus on R&D, which has been a key growth driver for this company since the beginning.”
A pioneer in switched-mode technology, Powersoft has made Class-D a reliable and effective reality. The company has also introduced other major patented technologies that increased the efficiency of its amplifiers, such as Pulse Width Modulation (PWM), Power Factor Correction (PFC), Differential Pressure Control (DPC) and Smart Rails Management (SRM).
All these technologies, aimed at improving efficiency, and consequently reducing power consumption while expanding capabilities, are part of Powersoft's Green Audio Power design philosophy. With this kind of approach Powersoft contributes to environmental sustainability, thanks to smaller, lighter and more efficient amplifiers.
Latrucci adds: “As well as continuing to break new ground with our world class amplifiers, the listing will also allow Powersoft to keep its place as a global leader in the provision of OEM solutions for some of the industry’s leading loudspeaker manufacturers. We are very excited about the new opportunities this move is opening up for both Powersoft and our customers, and we look forward to maintaining the high standards that we have become known for over 23 years.”
(Jim Evans)
