Transphorm Inc. (TGAN)

[MegaDeath]

Transphorm’s GaN Products Meet Crypto Mining Power Supply Units Performance Requirements

High Reliability, High Performance, and Robust Packaging Underscore Company’s Value for Crypto Mining Application

GOLETA, Calif.--(BUSINESS WIRE)-- Transphorm, Inc. (OTCQB: TGAN)—a pioneer in and global supplier of high reliability, high performance gallium nitride (GaN) power conversion products, announced today that its device portfolio is optimally designed and proven to support the growing demand for high performing power supply units (PSUs) driving the mining of cryptocurrencies such as Bitcoin.

The Company’s GaN FETs are proven to reliably perform under harsh environments with high efficiency in various power applications, thereby minimizing wasted electricity. Transphorm is the only high voltage GaN supplier to date to publicly announce a customer’s products currently in production are known to be used for crypto mining purposes.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210304005483/en/

https://www.otcmarkets.com/stock/TGAN/news/story?e&id=1829203