Directorate Change

RNS Number : 2283T

CAP-XX Limited

11 December 2012

 

11 December 2012

 

CAP-XX Limited

Board changes

CAP-XX Ltd ("the Company"), the AIM listed leader in the design and manufacture of thin form prismatic supercapacitors, today announces that Michael Quinn will retire from the CAP-XX Ltd Board on the 31st December 2012. Pat Elliott, a director of the Company will replace Michael as Chairman, effective from 1st January 2013.  The Board will look to appoint an additional non executive director who has the requisite skills and experience to assist the Company.

There is no other information that is required to be disclosed pursuant to paragraph (g) of Schedule Two to the AIM Rules for Companies.

For further information, please contact

CAP-XX Limited Anthony Kongats, Chief Executive Officer	[phone]
Seymour Pierce Ltd (Nominated Adviser and Broker) Rick Thompson, Catherine Leftley , David Banks	[phone]
Kreab Gavin Anderson & Company (Financial PR) Robert Speed	[phone]

Notes to Editors:

CAP-XX is a world leader in the design and manufacture of thin form prismatic supercapacitors and energy management systems, predominantly for portable and small scale 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 prismatic design.  These attributes are critical for power-hungry 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 and portable devices. 

 

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