Eltek Launches the Flatpack2 SHE, a Super High Efficiency Power Conversion Module with the New Game Changing CoolGaN™ Technology from Infineon at Its Core

DRAMMEN, Norway & MUNICH–(BUSINESS WIRE)–The quest for improved power conversion efficiency and reduction of
energy losses is always on. In close co-operation with Infineon
Technologies AG (FSE: IFX / OTCQX: IFNNY), Eltek engineers have again
cracked the code, reducing power conversion losses by 50% while further
improving reliability and total cost of ownership.

Eltek is today announcing the launch of the Flatpack2 SHE, a new Super
High Efficiency power conversion module. After the revolution Eltek
started with the HE technology, there has been a decade of smaller,
incremental improvements. To make a significant change in conversion
efficiency, reliability and total cost of ownership, Eltek saw the need
to bring in new technology. The company selected the “CoolGaN™” from
Infineon; the close co-operation with Infineon throughout the
development, verification and industrialization process is unique in the
company’s history.

“Reaching the 98% efficiency target, while improving an already
industry-leading field performance in a competitive way, gives us a
system that will be appreciated by our customers – especially telecom
and data center customers,” said Morten Schoyen, Chief Marketing Officer
at Eltek. “With our customers in focus we have also built in backward
compatibility to all 3kW Flatpack2 versions. In other words, efficiency
upgrades have never been simpler as the older modules can just be
replaced,” added Mr. Schoyen.

The Flatpack2 SHE will have a substantial impact on carbon footprint,
consumed energy and ultimately energy-related operational expenses of
Eltek customers. The energy savings are illustrated by the following
examples where early versions of Flatpack 2 (92 percent efficiency) were
replaced with Flatpack2 SHE:

• Single mobile base station in Italy, 6kW load – annual saving: € 576
• Central office site in UK, 250 kW load – annual saving: £ 18,350

“We always seek to stay ahead of the game on technology, and the ability
to incorporate game-changing technology like the CoolGaN™ from Infineon
is key to achieving this goal. Besides the efficiency improvement, this
technology brings improved reliability, manufacturability and other
advantages that will enable us to continue to lead this industry,” said
Erik Myhre, Senior R&D Manager at Eltek.

“We are delighted that Eltek is now manufacturing AC/DC power converters
featuring our CoolGaN™ technology,” said Dr. Steffen Metzger, Senior
Director High Voltage Conversion for Infineon Technologies. “They prove
the value of GaN devices for achieving the highest electrical conversion
efficiency at attractive system cost. We are also encouraged by the
results of Eltek’s tests that show that the GaN-based systems are rugged
and reliable, as expected. This validates Infineon’s application
specific qualification methodology which allows us to predict useful
life of our CoolGaN™ devices in a given application.”

More information on CoolGaN™ is available at www.infineon.com/.

Availability

The Flatpack2 SHE module is now available for order and delivery. For
more information please visit www.eltek.com/detail_products.epl?id=2160852.

About Eltek

Eltek, a Delta Group Company, is a strategic technology partner for
power solutions. The company has operations in more than 40 countries.
Eltek focuses on power electronics markets, where it is one of the
leaders in telecom power and a growing force within industrial
applications. Eltek is also pursuing growth opportunities within the
datacenter market. Eltek is headquartered in Drammen, Norway and became
part of Delta Group in 2015, a leading power and thermal management
provider.

About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions
that make life easier, safer and greener. Microelectronics from Infineon
is the key to a better future. In the 2016 fiscal year (ending September
30), the company reported sales of about Euro 6.5 billion with more than
36,000 employees worldwide. Infineon is listed on the Frankfurt Stock
Exchange (ticker symbol: IFX) and in the USA on the over-the-counter
market OTCQX International Premier (ticker symbol: IFNNY).

Contacts

Eltek
Morten Schøyen, Chief Marketing Officer:
Mobile: +47 915
17 452
E-mail: morten.schoyen@eltek.com
or
Infineon
Technologies AG
Fabian Schiffer, Manager Media Relations
Tel.:
+49 89 234 25869
Mobile: +49 151 1425 0424
E-mail: fabian.schiffer@infineon.com