Volume production under Murat

RNS Number : 3082L

CAP-XX Limited

05 May 2010

 



5 May 2010

CAP-XX

 Volume production under Murata manufacturing licence commenced

CAP-XX is pleased to announce that the manufacture of supercapacitors under its licence agreement with Murata has commenced at Murata's plant at Yasu in Japan.  Output from the plant, is designated for Murata's mobile phone customers using LED flash and other mobile devices.

Murata has informed CAP-XX that it is now focused on obtaining sales of the laminate supercapacitors to these customers.

A spokesperson for Murata said:

"We are pleased to report that following successful trial production runs, we are starting volume production of supercapacitors under the terms of our manufacturing agreement with CAP-XX.   We expect the availability of product in volume to hasten the adoption of this transformational platform technology, initially in mobile phones and digital cameras"

Anthony Kongats, CEO of CAP-XX said:

"We are delighted that Murata has moved into production of supercapacitors under our manufacturing agreement, as scheduled.  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 handset industry"

For further information contact:

CAP-XX
Anthony Kongats, Chief Executive Officer	[phone]
Kreab Gavin Anderson (Financial PR)
Robert Speed/Anthony Hughes	[phone]
Seymour Pierce (Nominated Adviser and Broker)
Nandita Sahgal/Catherine Leftley	[phone]

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.

 

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