The company's purpose is: a) to provide technical support for research and development activities of private companies, universities and public institutions in the field of power electronics and drive technology, b) to provide general consulting services in the aforementioned areas, c) to develop, sell and distribute technology packages in the field of power electronics and drive technology, d) to manage and exploit the intellectual property of the company and its cooperation partners. The company operates internationally, particularly in Europe, the USA and Japan. It maintains an informal network of relationships with partners at leading universities in these countries. Furthermore, it cultivates exchange and cooperation with international organizations in the field of power electronics and drive technology. The company may establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, and conduct all business that is directly or indirectly related to its purpose. The company may also provide financing for its own account or for third-party account, as well as provide guarantees and sureties for subsidiaries and third parties.