9th May 2007 07:02
CAP-XX Limited09 May 2007 CAP-XX Appoints Brett Sandercock as Non-Executive Director Sydney, Australia - May 9, 2007 - CAP-XX Limited, a world leader in the designand manufacture of thin-form supercapacitors and energy management systems,today announces that it has appointed Bret Sandercock as a Non-ExecutiveDirector and Chairman of the audit committee. Brett Sandercock is Chief Financial Officer of ResMed (NYSE: RMD and ASX:RMD.AX), a US medtech company recognised by Forbes as one of the Best SmallCompanies in the US for the 10th year in a row. Prior to joining ResMEd in 1998he worked as Manager, Financial Accounting and Group Reporting at NortonAbrasives, a division of the French multi-national, Saint Gobain. Anthony Kongats, CEO of CAP-XX, said: "Brett is an excellent addition to our non-executive team. At ResMed he has beenpart of the team that has stewarded the company through a period of tremendousgrowth. His expertise and counsel will be a valuable asset to the Company as wecontinue to make good progress in advancing our discussions with the world'sleading mobile hand set manufacturers." For further information contact: CAP-XXAnthony Kongats, Chief Executive Officer +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 Notes to Editors: CAP-XX is a world leader in the design and manufacture of thin formsupercapacitors and energy management systems, predominantly for portableelectronic devices. The unique feature of CAP-XX's supercapacitors is their ability to store highvolumes of energy and output high power levels within a thin form design. Theseattributes will be critical for the next generation of high volume, power-hungryportable electronic devices, including mobile phones. Portable devices are one of the fastest growing segments of the electronicsmarket and provide the greatest opportunities for CAP-XX's products. CAP-XX'sproducts are already an established enabling technology for the currentgeneration of wireless devices, such as PDAs and PCMCIA cards. More information is available at www.cap-xx.com This information is provided by RNS The company news service from the London Stock Exchange