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20 Oct 2011 07:00
20 October 2011
CAP-XX Limited
(the "Company" or "CAP-XX")
Murata confirms supercapacitor launch with a production target of a million units a month by 2012
CAP-XX Limited is delighted to announce that Murata Manufacturing Co., Ltd (Murata) has this week formally launched its supercapacitor product manufactured under its licence agreement with CAP-XX.
In its news release Murata confirms that it will be targeting applications in auxillary power for LED flash in mobile phones and digital cameras and camcorders, peak power support for small motors, SSDs and USB powered devices.
Murata also confirms that it is gearing up production from the current several 10k per month level to 1 million units a month by 2012 as well as giving indicative pricing. The Murata release can be viewed in full at: www.murata.com/new/news_release/2011/1017/index.html
Anthony Kongats, CEO of CAP-XX said:
"We are delighted that Murata announced mass production of supercapacitors under our manufacturing agreement. This is an important milestone for both CAP-XX and Murata, as this revolutionary power management device is now available in volume from a respected major supplier, capable of supporting demand from widespread adoption by the mobile technology industry"
For further information, please contact
| CAP-XX Limited Anthony Kongats, Chief Executive Officer
| +61 (0) 2 9428 0139 |
Seymour Pierce Ltd (Nominated Adviser and Broker) David Banks, Nandita Sahgal
| +44 (0) 20 7107 8000
|
Kreab Gavin Anderson & Company (Financial PR) Robert Speed, Deborah Walter, Anthony Hughes
| +44 (0) 20 7074 1800 |
Notes to Editors:
CAP-XX is a world leader in the design and manufacture of thin form supercapacitors and energy management systems, predominantly for portable electronic devices.
The unique feature of CAP-XX's supercapacitors is their ability to store high volumes of energy and output high power levels within a thin form design. These attributes will be critical for the next generation of high volume, power-hungry portable electronic devices, including mobile phones.
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 and portable devices.
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