8th Dec 2011 07:00
8 December 2011
CAP-XX Limited
Final payment under technical collaboration agreement with Murata received
CAP-XX is pleased to announce receipt of its final payment under its technical collaboration agreement with Murata for the development of surface mount devices (SMDs), which can be mounted directly onto PCBs using reflow solder techniques. Payment follows the completion of CAP-XX's development and independent testing and evaluation by Murata.
Anthony Kongats, CEO of CAP-XX said:
CAP-XX's SMD supercapacitor represents a step-change in technology and is a world first, which greatly expands the potential market for small supercapacitors, being particularly suited for high volume mobile telephone handset applications.
For further information, please contact
| CAP-XX Limited Anthony Kongats, Chief Executive Officer
| +61 (0) 2 9428 0139 |
Seymour Pierce Ltd (Nominated Adviser and Broker) David Banks, Nandita Sahgal
| +44 (0) 20 7107 8000
|
Kreab Gavin Anderson & Company (Financial PR) Robert Speed, Deborah Walter, Anthony Hughes
| +44 (0) 20 7074 1800 |
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 and portable devices.