Business
Receipt of royalty payment and trading update
Receipt of royalty payment and trading update.
About this update from Cap-xx Limited
[{"type":"text","content":"\n \nRNS Number : 0824J CAP-XX Limited 27 June 2011 \n \n\n \n \n \n27 June 2011\n \nCAP-XX Limited\n(the \"Company\" or \"CAP-XX\")\n \nReceipt of royalty payment and trading update\n \nCAP-XX Limited (AIM:CAPX.L) is pleased to announce that Murata have made its first royalty payment of AUD $6,141.65, to CAP-XX, for the sale of supercapacitors by Murata using the CAP-XX technology.\n \nIn addition CAP-XX is pleased to advise that it expects revenue from the sale of CAP-XX branded products for the 12 months to 30th June 2011 to be approximately AUD $3.1m.\n \nThis represents an increase of 40% over the AUD $2.2m in CAP-XX branded product sales recorded for the previous 12 months.\n \n \n \nFor further information, please contact\n \n\n\n\n\nCAP-XX Limited\nAnthony Kongats, Chief Executive Officer\n \n\n\n+61 (0) 2 9428 0139\n\n\n\n\nSeymour Pierce Ltd (Nominated Adviser and Broker)\nNandita Sahgal/Catherine Leftley (Corporate Finance)\nDavid Banks/Paul Jewell (Corporate Broking) \n \n\n\n+44 (0) 20 7107 8000\n \n\n\n\n\nKreab Gavin Anderson & Company (Financial PR)\nRobert Speed, Deborah Walter, Anthony Hughes\n \n\n\n+44 (0) 20 7074 1800\n\n\n\n\n \nNotes to Editors:\n \nCAP-XX is a world leader in the design and manufacture of thin form supercapacitors and energy management systems, predominantly for portable electronic devices.\n \nThe 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. \n \nPortable 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. \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END TSTEAFKLAFXFEFF \n ","length":4824,"tagName":"div"}]