DSIT Receives $1.6M in Multiple Recurring Orders for Development and Production

GIVAT SHMUEL, Israel, June 4, 2015

DSIT Solutions Ltd., an Acorn Energy, Inc. (NASDAQ:ACFN) company, disclosed today the receipt of several follow-on orders for development and production from a number of its customers in Israel. The total value of these orders is approximately $1.6 million. The projects involve both hardware and embedded software.

Benny Sela, CEO of DSIT commented on the orders, “We are always pleased to see our efforts rewarded with customer satisfaction and the continuing support of our long-term customers who find that we meet or beat our deadlines with first-rate solutions to their needs. At the same time, these orders expand the technology and experience gained by DSIT from previous projects.”

2015b - DSIT Receives $1.6M in Multiple Recurring Orders for Development and Production