Profile: Ultralife Corp (ULBI.OQ)

ULBI.OQ on NASDAQ Stock Exchange Global Market

3.60USD
1 Aug 2013
Price Change (% chg)

$0.12 (+3.45%)
Prev Close
$3.48
Open
$3.36
Day's High
$3.60
Day's Low
$3.30
Volume
4,126
Avg. Vol
6,558
52-wk High
$4.55
52-wk Low
$2.43

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Ultralife Corporation offers products and services ranging from portable and standby power solutions to communications and electronics systems. The Company designs, manufactures, installs and maintains power and communications systems, including rechargeable and non-rechargeable batteries, communications and electronics systems and accessories, and custom engineered systems, solutions and services. It serves government, defense and commercial customers worldwide. It operates in two segments: Battery & Energy Products and Communications Systems. The Battery & Energy Products segment includes lithium 9-volt, cylindrical and various other non-rechargeable batteries, in addition to rechargeable batteries, uninterruptable power supplies, charging systems and accessories, such as cables. The Communications Systems segment includes power supplies, cable and connector assemblies, radio frequency (RF) amplifiers, amplified speakers, equipment mounts, case equipment, integrated communication system kits and communications and electronics systems design. The Company sells its products worldwide through a variety of trade channels, including original equipment manufacturers (OEMs), industrial and retail distributors, national retailers and directly to United States and international defense departments.

Battery & Energy Products

The Company manufactures and/or markets a family of lithium-manganese dioxide (Li-MnO2) non-rechargeable batteries, including 9-volt, HiRate cylindrical, Thin Cell, and other form factors. The Company also manufactures and markets a family of lithium-thionyl chloride (Li-SOCl2) non-rechargeable batteries produced at its Chinese operating unit. Applications for the Company's 9-volt batteries include smoke alarms, wireless security systems and intensive care monitors, among many other devices. The Company's HiRate and Thin Cell lithium non-rechargeable batteries are sold primarily to the military and to OEMs in industrial markets for use in a variety of applications, including radios, automotive telematics, emergency radio beacons, search and rescue transponders, pipeline inspection gauges, portable medical devices and other specialty instruments and applications. Military applications for the Company's non-rechargeable HiRate batteries include man-pack and survival radios, night vision devices, targeting devices, chemical agent monitors and thermal imaging equipment. The Company's lithium-thionyl chloride batteries, sold under the Company's ABLE and Ultralife brands, as well as various private label brands, are used in a variety of applications, including utility meters, wireless security devices, electronic meters, automotive electronics and geothermal devices. Its non-rechargeable batteries also have relatively flat voltage profiles, which provide stable power.

The Company’s lithium ion rechargeable batteries and charging systems offer substantial benefits, including the ability to design and produce lightweight, high-energy batteries in a variety of custom sizes, shapes, and thickness. It markets lithium ion rechargeable batteries comprising cells manufactured by cell manufacturers. The Company's rechargeable products can be used in a variety of applications, including communications, medical and other portable electronic devices.

The Company markets its 9-volt lithium batteries to OEM, distributor and retail markets, including industrial electronics, safety and security, medical and music/audio. Typical applications include smoke alarms, wireless alarm systems, bone growth stimulators, telemetry devices, blood analyzers, ambulatory infusion pumps, parking meters, wireless audio devices and guitar pickups. It market its line of lithium cells and batteries to the OEM market for commercial, defense, medical, automotive, asset tracking and search and rescue applications, among others. It manufactures a range of thin lithium-manganese dioxide batteries under the Thin Cell brand. It is marketing these batteries to OEMs for applications, such as displays, wearable medical devices, theft detection systems and RFID devices. It offer a range of rugged military and commercial battery charging systems and accessories including smart chargers, multi-bay charging systems and a variety of cables. Its GenSet Eliminator provides energy storage capabilities to generators and renewable energy sources.

Communications Systems

Under the Company's McDowell Research and AMTI brands, the Company designs and manufactures a line of communications systems and accessories to support military communications systems, including power supplies, power cables, connector assemblies, RF amplifiers, amplified speakers, equipment mounts, case equipment and integrated communication systems, such as tactical repeaters and SATCOM systems. Products include field deployable systems, which operate from wide-ranging AC and DC sources using a basic building block approach. It markets these products to all branches of the United States military, approved foreign defense organizations, and United States and international prime defense contractors. In addition, under its RedBlack Communications brand, the Company designs, integrate and fields mobile, modular and fixed-site communication and electronic systems.

The Company’s integrated systems include SATCOM systems; rugged, deployable case systems; multiband transceiver kits; briefcase power systems; dual transceiver cases; enroute communications cases; radio cases, and tactical repeater systems. These systems give communications operators everything that is needed to provide reliable links to support C4I (Command, Control, Communications, Computers and Information systems).

The Company’s power systems include universal AC/DC power supplies with battery backup for tactical manpack and handheld transceivers; Rover power supplies; interoperable power adapters and chargers; portable power systems; tactical combat and AC to DC power supplies for encryption units, among many others. It can provide power supplies for virtually all tactical communications devices. Its RF amplifiers include: 20, 50 and 75-watt amplifiers and 20-watt accessories and kits. These amplifiers are used to extend the range of manpack and handheld tactical transceivers and can be used on mobile or fixed site applications. Its communications and electronics services include the design, integration, fielding and life cycle management of portable, mobile and fixed-site communications systems. Capabilities include engineering, rapid prototyping, systems integration and logistics support. In addition, it design, install, maintain and integrate communications equipment and power systems for maximum mobility and optimum customer utility. These include equipment installations in commercial, defense and law enforcement applications, including vehicles for satellite communications, engineering services, upgrading current fleet vehicles and integrated logistics and project management support.

Company Address

Ultralife Corp

2000 Technology Parkway
NEWARK   NY   14513
P: +1315.3327100
F: +1315.3317800

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