Murata Update
CAP-XX Limited
16th March, 2011
Murata update
The board of CAP-XX is deeply saddened by the recent tragic events in Japan. In our recent trading update of March 7th we announced that Murata had shipped its first CAP-XX licensed products in December 2010 from its recently commissioned manufacturing lines at Yusa, Japan. We have received confirmation that Murata's facility and the line are not directly affected by the recent earthquake in Japan. The Sony HDR-PJ30V and HDR-PJ40V range of digital HD camcorders, recently launched, which incorporate the Murata supercapacitor into their twin LED camera flash are manufactured in China.
The board remains confident of a successful outcome for the current year, in line with market expectations.
For further information contact:
CAP-XX
Anthony Kongats, Chief Executive Officer +61 (0)2 9428 0139
Seymour Pierce (Nominated Adviser and Broker)
Nandita Sahgal/Catherine Leftley +44 (0) 20 7107 8000
David Banks/Paul Jewell
Kreab Gavin Anderson +44 (0) 20 7074 1800
Robert Speed
More information about CAP-XX is available at www.CAP-XX.com
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.
This information is provided by RNS