Elspec is a leading global technology provider of electrical power quality analyzers, real time power factor correction systems, and energy saving solutions. Elspec’s innovative approach to R&D, coupled with dedicated customer service and support, has ranked Elspec as a global leader in the power quality market. The company’s ongoing efforts include successful implementation of innovative and comprehensive power quality analyis and power quality factor correction technologies as well as Power Quality Solutions that span the industrial, commercial, and utility sectors worldwide. History Between 1979-1988, the company founders performed preliminary research and development, which resulted in the development of several successful prototypes demonstrating Elspec’s unique technologies. In 1988, Elspec Engineering Ltd. was founded as a private venture, followed, in 1993, by the launching of commercial sales and manufacturing. In May 2004, the company had its IPO and became a publicly traded company on the Tel Aviv Stock Exchange (TASE:Elspec). The company has established two subsidiaries (see Worldwide Locations). Currently, the company markets its Power Quality Solutions and Power Quality Analysis products worldwide through a network of Authorized Agents.