Directorate Change

8 Jul 2008 07:00



08 July 2008

Change of Board Director

Christer Harkonen a non-executive director of CAP-XX Limited ("the Company") has resigned from the Board of Directors of the Company 

Anthony Kongats, CAP-XX CEO said "Christer has made a very valuable contribution to the Company during his period as a Director. His counsel and experience in the mobile telephony market was particularly important in guiding the Company in its approaches to the global mobile handset market during and immediately after the IPO. The recently announced manufacturing agreement with Murata has now greatly strengthened the resources available to the Company in the mobile telephony market".

"On behalf of the Company, I would like to extend our sincerest thanks to Christer for his critical contribution and wish him the very best for his future business endeavours."

For further information contact:

CAP-XX

Anthony Kongats, CEO / Mike Taylor CFO +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

Notes to Editors: CAP-XX is a world leader in the design and manufacture of thin-form supercapacitors and power 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.

More information about CAP-XX is available at www.cap-xx.com