2004
> Acquisition of Topaz Power

2003

> Dr. Ray Shaw appointed as Chairman

> $2.4M Rights Issue completed, principal debt eliminated


2002
> $10M debt reduction completed including $3M capital raising

2001
> Sale of OPAL (ex Cherny)

2000

> Disposal of Lighting Group

> Change of name to Rectifier Technologies Limited


1999

> Acquisition of Rectifier Technologies Pacific

> 1 for 4 capital reconstruction

> Formation of lighting group through the acquisition of Moonlighting, Accent Lighting, Cycon, and Sunlighting.


1998

> Change of control at board level with Jeff Hooper appointed Managing Director & CEO

> Acquisition of Protran

> Change of name to INDUSTRIAL & COMMERCIAL ELECTRONIC PRODUCTS LIMITED


1994
> Listed on ASX as Cherny Holdings Limited, manufacturer of oilfield products.

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