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Digital Power Secures Up to $5 Million Financing from Major Shareholder

FREMONT, Calif., March 09, 2017 (GLOBE NEWSWIRE) -- Digital Power Corporation. (NYSE Mkt:DPW), which designs, manufactures and sells high- grade customized and off-the-shelf power system solutions, today announced the signing of a securities purchase agreement to raise up to $5 million in Preferred Stock and Warrants from Philou Ventures, the Company's largest shareholder.

Under the term of the purchase agreement, Philou Ventures has committed to purchase by May 31, 2017, the greater of:

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