Digital Power Corporation Announces Appointment of New Chief Financial Officer (CFO)

Jan 13, 2010, 10:00 ET from Digital Power Corporation

FREMONT, Calif., Jan. 13 /PRNewswire-FirstCall/ -- Digital Power Corporation (NYSE Amex: DPW) (herein "Digital Power") today announced the appointment of Mr. Assaf (Assi) Itshayek as CFO of the company.

Mr. Itshayek has been Vice President of Finance at Digital Power since June, 2009.

Mr. Itshayek has more than 10 years of management and operational experience in corporate finance and accounting and in public accounting. He also has overseen the financial and accounting functions of publicly traded companies.

From 2006 through 2008, Mr. Itshayek served as Corporate Controller of Metalink (Nasdaq: MTLK). Before joining Metalink, Mr. Itshayek held various positions with Deloitte, including the position of Senior Audit Manager.

"We are fortunate to have recruited someone of Mr. Itshayek's financial skills and expertise to take over as CFO of the company," said Amos Kohn, President and Chief Executive Officer of Digital Power. "His service as Digital Power's Vice President of Finance assists in his transition to the CFO role and I am confident that he will bring significant value to our management team. I would like to thank Mr. Uri Friedlander for his contribution as CFO of Digital Power during the past 5 years."

"I am looking forward to continuing to be a part of this exciting and growing company and its management team," said Mr. Itshayek.

Mr. Itshayek holds a masters degree in financial management (MBA), and a B.A. degree in business administration and accounting. He is a certified public accountant (CPA).

About Digital Power Corporation:

Digital Power Corporation is a world-class solution-driven organization that designs, develops, manufactures, and sells cutting-edge high-grade power system solutions to military/defense, telecom/industrial and medical industries. Digital Power is a publicly traded corporation NYSE / Amex: DPW. The corporate office is located at 41324 Christy St., Fremont, California. 94538-3115

Phone: 510-657-2635. Website:

SOURCE Digital Power Corporation