FOR IMMEDIATE RELEASE
Torus Power to Become Independent Business Entity
With an expanded focus on its global offering, Torus Power rebrands company, changes trade name, and promotes key personnel
Toronto, ON, Canada —February 23, 2016 — Torus Power, maker of uncompromising, clean, isolation transformer-based power components announced that it has incorporated as a standalone business and is now operating as an autonomous entity, independent from parent company Plitron Manufacturing, Inc.
For Torus Power, this transition is the direct result of the company’s planned, progressive growth that has evolved over recent years. Building upon new product introductions to meet lower price points and satisfy the needs of a more diverse audience, Torus posted record sales numbers in January 2016, and is on its way to its strongest quarter ever. The company is poised for continued expansion.
Key employees have been retained and are committed to helping Torus Power reach new heights. Founder Howard Gladstone will stay on as Chairman and CEO. Kevin Main has been promoted to President and COO, and Ross Whitney will become Torus Power Technical Sales Specialist and Customer Service Manager. Other positions will be created and filled as needed to support Torus Power’s next phase of growth.
“By taking a dedicated and diligent approach these last few years, Torus Power has become an established and well recognized brand name in the industry. To take things to the next level, it is important for us to execute these significant steps and create our own best-in-class culture for Torus Power Inc.,” says Main. “We will continue to have a deep, ongoing relationship with Plitron Manufacturing Inc. and expect this to be a very positive change for all involved.”
To ensure a seamless transition, all existing Rep and Dealer agreements will be assumed by Torus Power Inc. and related efforts will continue to be managed by Main and Whitney. Torus Power products will still be built to uncompromising standards at Plitron’s Toronto factory, and customers and partners will continue to enjoy the same high level of customer service and access to Torus Power’s award-winning line of toroidal isolation transformers as they have previously.
To learn more about Torus Power’s award-winning lineup, visit www.toruspower.com and follow @TorusPower on Twitter and Facebook.
About Torus Power
Toroidal isolation transformers by Torus Power are the world’s finest clean power source for audio, video, and control systems. Dramatically increasing performance levels of connected AV components from video displays to amplifiers and powered speakers, Torus Power products utilize Plitron Manufacturing’s patented NBT technologies and medical-grade toroidal isolation transformers to eliminate virtually all power-line noise artifacts and protect equipment from potentially damaging AC power line events, while increasing system reliability and extending product life. Torus Power products deliver higher levels of instantaneous current which ensures that dynamic components and high performance systems are never compromised, nor starved for power.
Built to rigorous specifications under Plitron Manufacturing’s ISO 9001 quality control system in Toronto, Canada, Torus Power’s toroidal isolation transformers—the heart of the Torus Power product line—utilize similar technologies as those found in leading AV amplifiers as well as in industrial, medical, broadcast, telecommunications, IT, power conditioning, and energy management applications. For additional information visit www.toruspower.com and follow Torus Power on Twitter and Facebook.
Media Contact
Katye (McGregor) Bennett
KMB Communications, Inc.
(406) 446-1283
[email protected]
@KMB_Comm
www.kmbcomm.com
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