Cap-xx Regulatory News (CPX)

26 Mar 2008 07:26

CAP-XX Limited26 March 2008 26th March 2008 CAP-XX Limited LOI agreed with Murata Manufacturing Co. Ltd. CAP-XX is pleased to announce that it has signed a letter of intent (LOI) withMurata Manufacturing Corporation of Japan (Murata). Murata is a leading globalcompany, specializing in the development, manufacture and supply of electroniccomponents for a broad spectrum of industries, including the mobile hand-setindustry. CAP-XX and Murata will establish a comprehensive partnership to provide highperformance supercapacitors to the mobile hand-set industry and for otherapplications. In this partnership, Murata will focus on mass production, sales &marketing. In parallel CAP-XX and Murata will jointly develop next generationproducts with CAP-XX leading the material development. The partnership will enable CAP-XX to meet customers' requirements such asquality, volume and product specifications. Under the terms of the licence,CAP-XX will receive licence fees and a royalty based on the volume of sales ofsupercapacitors. Anthony Kongats, CEO of CAP-XX, commented: "This partnership with Murata is a critical step for CAP-XX, as Murata is ableto support us in many fields of the business value chain such as massproduction, sales & marketing and new product development." For further information contact: CAP-XX Anthony Kongats, Chief Executive Officer +61 (0)2 9428 0139 Gavin Anderson & Company (Financial PR) Robert Speed / Deborah Walter / Stuart Macaulay +44 (0) 20 7554 1400 Collins Stewart Limited (Nominated Adviser and Broker) Tim Mickley +44 (0) 20 7523 8000 More information about CAP-XX is available at www.cap-xx.com More information about Murata is available at www.murata.com Notes to Editors: CAP-XX is a world leader in the design and manufacture of thin formsupercapacitors and energy management systems, predominantly for portableelectronic devices. The unique feature of CAP-XX's supercapacitors is their ability to store highvolumes of energy and output high power levels within a thin form design. Theseattributes will be critical for the next generation of high volume, power-hungryportable electronic devices, including mobile phones. Portable devices are one of the fastest growing segments of the electronicsmarket and provide the greatest opportunities for CAP-XX's products. CAP-XX'sproducts are already an established enabling technology for the currentgeneration of wireless devices. About Murata Manufacturing Co. Ltd. Murata Manufacturing Co. Ltd. has been widely recognised as one of the worldleading companies for electronic components. Murata is engaged in productdevelopment, manufacture and sale of electronic components for worldwide use.Major product groups are ceramic capacitors, piezo electric components,microwave devices and module products. Those are sold mainly to electronicscompanies in various fields such as telecommunication, computer, audio andautomotive. This information is provided by RNS The company news service from the London Stock Exchange