December 21, 2014 12:44 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Innovolt, Inc.

Company Overview

Innovolt, Inc. provides electronics protection equipment to commercial, residential, industrial, manufacturing, and utility applications. Its products include power protectors; power managers that provide power protection for medical, telecommunications, office automation, or light industrial electronic equipment; PIP 8, which provides power protection for computers, monitors, scanners, information technology equipment, print controllers, laser printers, and fax machines; and Power Doctor, a handheld device that downloads data from its product via an optical reader. The company serves appliances, cable/satellite/set-top box, cloud computing/data centers, consumer electronics, medical technol...

3535 Piedmont Road NE

14 Piedmont Center

Suite 1205

Atlanta, GA 30305

United States

Founded in 2005

Phone:

404-467-6350

Fax:

404-467-6362

Key Executives for Innovolt, Inc.

Chief Executive Officer
President and Chief Operating Officer
Founder and Chief Scientist
Age: 60
Chief Financial Officer
Senior Vice President
Age: 39
Compensation as of Fiscal Year 2014.

Innovolt, Inc. Key Developments

ITR Implements Innovolt's Technology to Safeguard Parking Control Systems

Innovolt Inc. announced a professional partnership with ITR Parking Solutions, which offers parking access and revenue control systems to its client base, ranging from large universities, such as the University of Georgia, to event facilities like Georgia Aquarium. ITR is now implementing Innovolt's solution into its parking equipment to protect it from destructive power and environmental disturbances that can lead to downtime and a decrease in revenue and customer satisfaction. Service interruptions due to poor power can equate to a significant impact on a company's bottom line, especially in the parking industry. Using microprocessor-based power protection algorithms, Innovolt provides industry-leading defense against power fluctuations, including voltage sags and brownouts that have been proven to decrease the reliability of equipment.

Innovolt Inc Announces Availability of H1000

Innovolt Inc. announced the availability of the H1000, aimed at protecting equipment from regular and costly downtime. The company's H1000 power protection appliance incorporates the company's core technology that has been proven to solve costly issues tied to power and facility related disturbances to ensure the reliability of equipment. Designed for production environments where electricity is hardwired and not plugged in, this appliance is the next evolution of the company's Remote Optimization Control technology (ROC(TM)) created to increase uptime for industrial equipment. It has been proven that one of the most common factors affecting the reliability of equipment is power anomalies. Equipment that regularly breaks down or jams has a direct impact on the bottom line through the cost of lost production, lost capacity, maintenance and repairs and wasted labor. The company's H1000 will defend valuable equipment and offers: Protection from power and facility-related issues; Reduction in hardware malfunctions; Optimization of performance and extended life of electronics; Prevention from unscheduled downtime; Reduction in the cost of ownership (premature part replacements, support costs, on-site repairs, etc.); Insight on actionable power quality data to resolve electrical issues; Access to the company's cloud management platform. The company expects a wide-range of industries to benefit from the H1000, including: Automotive; Machine Builders; Aerospace and Defense; Food and Beverage; Pharmaceuticals; Chemical; Parking Access and Revenue Control Systems; Vending; and Automatic Teller Machines.

Innovolt(R) Inc. Appoints Jun Ho Son as Chief Financial Officer

Innovolt(R) Inc. announced that Jun Ho Son has been appointed the company's Chief Financial Officer. Son will work closely with the executive team to lead the company's financial strategy. Son joins Innovolt after eight years at IBM Corporation where he led strategic planning and business development for IBM Global Technology Services.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 3, 2014
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