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Thermo Life® Energy Corp. introduced its 3-volt thin film thermoelectric device in 2001, under joint development with DTS, Gmbh, Halle, Germany. Since then, Thermo Life Energy Corp. has moved all Low Power Thermoelectric Generator ("LPTG") research and development to the U.S. and obtained a patent (as well as additional patents pending) for the unique nanotechnology processes involved in its fabrication. The device makes 3 volts of electricity continuously when placed between two surfaces (or a surface and air) that have a difference in temperature of as little as 5 °C.
Thermo Life's new laboratory, located in Riverside, California, is involved in prototype production and further commercialization of the Low Power Thermoelectric Generator ("LPTG") (patented and patents pending).
The lab facility houses all processes needed to produce finished thin film thermo electric modules, including photo lithography, vacuum deposition, micro assembly, quality measurement and miscellaneous operations.
Thermo Life® Energy Corp. is a wholly owned subsidiary of Applied Digital (NASDAQ: ADSX). Formed in 1993, Applied Digital grew rapidly over the next six years through a series of over 60 acquisitions of businesses in the broadly defined area of Information Technology Solutions. By 1998, revenues were over $300 million, and the Company operated across a broad spectrum of technology products and services.
In 2001, a new management team responded to a changing technology environment and a more cautious stock market by undertaking a restructuring program to focus Applied Digital's business model more closely on a core group of businesses. In time, the foundation for this new model became Verichip Corporation, Digital Angel Corporation, Government Telecommunications, Inc. (GTI) and Thermo Life Energy Corp.
If you wish to learn more about Applied Digital's various operating units, we invite you to explore our website further: www.adsx.com. We believe that Applied Digital is now positioned to continue to execute its business model, based on The Power of Identification Technology™. |