CAP-XX Limited
21 March 2007
21 March 2007
CAP-XX Limited
Manufacturing partner and licensing agreements
CAP-XX, is pleased to announce that it is well advanced in partnering and
licensing negotiations with major international components manufacturers
regarding the scale-up of production to meet anticipated demand for its
supercapacitors from leading mobile phone handset makers.
Anthony Kongats, CEO of CAP-XX, commented:
'We have made good progress in advancing our relationships with mobile phone
handset manufacturers since we joined AIM, almost a year ago. Whilst we have
raised production to meet the demands of our existing customers, the level of
indicative schedules we are seeing will require a step change in manufacturing
volumes. The potential manufacturing and licensing partners with whom we are in
discussions have an established track record of meeting the demands of the
mobile handset makers.'
For further information contact:
CAP-XX
Anthony Kongats, Chief Executive Officer +44 (0) 79 1948 2484
+61 (0) 2 9428 0139
Gavin Anderson & Company (Financial PR)
Robert Speed / Deborah Walter +44 (0) 20 7554 1400
Collins Stewart (Nomad)
Tim Mickley +44 (0) 20 7523 8000
More information 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, such as PDAs and PCMCIA cards.
This information is provided by RNS
The company news service from the London Stock Exchange