Business
Pre-close Trading Update
Pre-close Trading Update.
About this update from Cap-xx Limited
[{"type":"text","content":"\n CAP-XX Limited\n22 June 2006\n\n\n22 June 2006\n\nCAP-XX Limited\n\nPre-close Trading Update\n\nCAP-XX, a global leader in the development and production of supercapacitors and\npower architectures for the mobile devices market, is pleased to announce that\nsince admission to AIM on 13 April 2006, trading has remained buoyant. Fourth\nquarter revenues are up 40 per cent on quarter three, driven primarily by demand\nfrom manufacturers of wireless data cards. The Company continues to win new\ncontracts and remains comfortable with market forecasts.\n\nCAP-XX intends to announce its maiden preliminary results for the year to 30\nJune 2006 on 18 September 2006.\n\nThe Board is also pleased to announce the appointment to the CAP-XX Scientific\nAdvisory Board of Dr Yrjo Neuvo, former Chief Technology Officer at Nokia, and\ncurrent Nokia Technical Advisor.\n\nAnthony Kongats, CEO of CAP-XX, commented:\n\n'We are very pleased with the performance of the Company since float and have\nmade substantive progress in advancing with our relationships with mobile phone\nhandset manufacturers. We are obviously delighted to welcome Dr Yrjo Neuvo to\nour Scientific Advisory Board. As we enter our new financial year, we look\nforward to the future with confidence'.\n\nFor further information contact:\n\nCAP-XX\nAnthony Kongats, Chief Executive Officer +61 (0)2 9428 0139\n\nGavin Anderson & Company (Financial PR)\nRobert Speed/Deborah Walter/Keith Brookbank +44 (0)20 7554 1400\n\nCollins Stewart Limited (Nominated Adviser and Broker)\nStephen Keys +44 (0)20 7523 8312\n\nMore information is available at www.cap-xx.com\n\nNotes to Editors:\n\nProfessor Neuvo\n\nProfessor Neuvo received his doctoral degree in Electrical Engineering from\nCornell University. He had a significant academic career as professor in Finland\nand the USA prior to joining Nokia in 1993. Since 1993 he has been a member of\nthe Nokia Group Executive Board, and has held the positions of Senior Vice\nPresident, Technology (1993-1994), Senior Vice President, Product Creation\n(1994-1999), Executive Vice President, CTO (1999-2003) and Senior Vice President\n(2003-2005) at Nokia. Dr Neuvo is currently Technology Advisor.\n\nOver the years he has authoured over 400 technical articles and is holder of\nseveral patents. He has been chairperson and member of several international\n...