CAP-XX Regulatory News (CPX)

21 Mar 2007 07:00

CAP-XX Limited21 March 2007 21 March 2007 CAP-XX Limited Manufacturing partner and licensing agreements CAP-XX, is pleased to announce that it is well advanced in partnering andlicensing negotiations with major international components manufacturersregarding the scale-up of production to meet anticipated demand for itssupercapacitors from leading mobile phone handset makers. Anthony Kongats, CEO of CAP-XX, commented: "We have made good progress in advancing our relationships with mobile phonehandset manufacturers since we joined AIM, almost a year ago. Whilst we haveraised production to meet the demands of our existing customers, the level ofindicative schedules we are seeing will require a step change in manufacturingvolumes. The potential manufacturing and licensing partners with whom we are indiscussions have an established track record of meeting the demands of themobile handset makers." For further information contact: CAP-XXAnthony Kongats, Chief Executive Officer +44 (0) 79 1948 2484 +61 (0) 2 9428 0139 Gavin Anderson & Company (Financial PR)Robert Speed / Deborah Walter +44 (0) 20 7554 1400 Collins Stewart (Nomad)Tim Mickley +44 (0) 20 7523 8000 More information is available at www.cap-xx.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, such as PDAs and PCMCIA cards. This information is provided by RNS The company news service from the London Stock Exchange