Last checked at 6 Jan 2011 11:42
6 January 2011
CAP-XX Limited
Resignation of Director
CAP-XX Ltd advises that current non-executive director Mr Graham Titcombe will resign from the board of directors on 31 January 2011. Mr Titcombe was elected to the board of the Company at the time of its IPO in 2006 and has made a strong contribution to the Company at the regular board meetings in Australia since that time.
Chairman Michael Quinn noted that he understood Mr Titcombe wished to reduce his long distance international travel and accepted his resignation with regret. He added that Mr Titcombe has been a very valuable member of the board and has offered wise counsel to the directors and executives of CAP-XX."
For further information contact:
CAP-XX
Anthony Kongats, Chief Executive Officer +61 (0) 2 9428 0139
Kreab Gavin Anderson & Company (Financial PR)
Robert Speed / Deborah Walter / Anthony Hughes +44 (0) 20 7074 1800
Seymour Pierce Ltd (Nominated Adviser and Broker)
Nandita Sahgal +44 (0) 20 7107 8000
David Banks
More information is available at www.cap-xx.com
Notes to Editors:
CAP-XX supercapacitors have a compact, thin form design and can store higher volumes of energy and output higher power levels than competing supercapacitor products. These attributes are critical for current and future generation electronic devices, such as mobile phone cameras with a quality flash photography capability and high quality audio capabilities. Other applications include mobile phone and solid state disk 9SSD) power management, mobile phone accessories, digital still cameras, energy harvesting systems, e-books, portable drug delivery systems, wireless sensors, uninterrupted power supplies, plant condition monitors, toll tags and location tracking devices. Longer term, as the market for fuel cell systems develops, supercapacitors can be used to support modulated output for fuel cell systems.