17th Jun 2015 07:14
LONDON (Alliance News) - Cap-XX Ltd saw its shares rise early Wednesday as it said it was "very encouraged" by initial industry feedback for its recently launched range of Thinline supercapacitors, after it shipped sample units for evaluation to manufacturers of wearable devices, energy harvesters and smart credit cards.
The company said that 19 distributors and end customers have placed initial orders for these supercapacitors, which are aimed at addressing the demands of new applications in the fastest growing market segments of the so-called Internet of Things.
It said it is also considering granting exclusivity for specific market applications as a result of the customer feedback it had received in the seven weeks since the Thinline launch.
Cap-XX shares were up 16.8% at 3.65 pence early Wednesday.
By Steve McGrath; [email protected]; @stevemcgrath1
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