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8 Jul 2008 07:00
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08Β JulyΒ 2008
Change ofΒ BoardΒ Director
Christer Harkonen a non-executiveΒ director of CAP-XXΒ LimitedΒ ("the Company")Β has resigned fromΒ theΒ Board ofΒ Directors ofΒ the CompanyΒ
Anthony Kongats, CAP-XX CEO said "Christer has made aΒ very valuableΒ contribution to the Company during his period as aΒ Director. His counsel and experience in the mobile telephony market was particularlyΒ importantΒ inΒ guiding the Company in its approaches toΒ the global mobile handset marketΒ during and immediately after the IPO. The recently announcedΒ manufacturing agreement with MurataΒ hasΒ nowΒ greatly strengthened the resources available to the Company in the mobile telephony market".
"On behalf of the Company, I would like to extend ourΒ sincerestΒ thanks to Christer for hisΒ criticalΒ contribution and wishΒ him the very bestΒ for his futureΒ business endeavours."
For further information contact:
CAP-XX
Anthony Kongats,Β CEOΒ /Β Mike TaylorΒ CFO +61 (0)2 9428 0139
Gavin Anderson & Company (Financial PR)
Robert SpeedΒ /Β Deborah WalterΒ / Stuart Macaulay +44 (0) 20 7554 1400
Collins Stewart Limited (Nominated Adviser and Broker)
Tim Mickley +44 (0) 20 7523 8000
Notes to Editors: CAP-XX is a world leader in the design and manufacture of thin-form supercapacitors andΒ powerΒ management systems, predominantly for portable electronic devices.
The uniqueΒ feature of CAP-XX's supercapacitors isΒ their ability to store high volumes of energy andΒ output highΒ power levelsΒ within aΒ thin-form design. These attributes will be critical for the next generation of high volume, power-hungry portable electronic devices, including mobile phones.Β
Portable devices are one of the fastest growing segments of the electronics market and provide the greatest opportunities for CAP-XX's products. CAP-XX's products are already an established enabling technology for the current generation of wireless devices.
More information about CAP-XX is available atΒ www.cap-xx.com
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