Release

CAP-XX Appoints Jon Edwards European Sales and Business Development Manager

Sydney, Australia – November 16, 2006 – CAP-XX Limited, a leader in thin-form supercapacitors which deliver power bursts in mobile devices to enable new functionality and extend battery life, today announced it has appointed Jon Edwards as European sales and business development manager. Mr. Edwards, who has more than ten years of experience selling high-value, complex components into the mobile handset industry, will be based in the UK.

"As we aim to power-boost mobile phones, particularly with enough flash power to take clear pictures in low light," said CAP-XX CEO Anthony Kongats, "Jon's experience with mobile camera system development will be invaluable to us in securing mobile handset design wins."

Mr. Edwards joins CAP-XX from Sony SES where he was responsible for sales of camera modules into strategic mobile phone accounts. He was responsible for key design wins with top tier players in the mobile handset industry and for managing customer relationships from concept through to high volume manufacture.

Prior to joining Sony, Mr. Edwards worked as a sales manager with STMicroelectronics and also as an applications engineer with CMOS-camera-sensor pioneer VLSI Vision Limited. He holds an honours degree in Electrical and Electronic Engineering from Edinburgh University.

At CAP-XX, Mr. Edwards will cover key European accounts such as SonyEricsson, Nokia and BenQ Siemens, and will assist with sales and support to mobile handset manufacturers worldwide.

A supercapacitor's role in a mobile phone:

Thin enough to fit into a mobile phone without design modifications, a CAP-XX supercapacitor provides the power bursts to drive multiple peak power events - voice and data transmission, digital photos and video, GPS readings - then recharges in between from a battery. The result is better:

• Photos - more powerful flash
• Phone performance - longer talk time, fewer drop outs
• Battery life
• Audio quality

"The power demands placed on a battery today are enormous, as consumers continue to push for smaller, lighter devices that offer more functionality," explained Kongats. "CAP-XX supercapacitors resolve the power and performance limitations of batteries, bridging the gap between the power demanded by the device, and the power available from the battery."

About CAP-XX

CAP-XX Ltd. is a world leader in the design and manufacture of thin, flat supercapacitors and power architectures for portable electronic devices. The company has been recognized for its nanotechnology process for producing high capacitance, low equivalent-series-resistance supercapacitors that deliver the industry's highest energy and power densities in the smallest packages.

CAP-XX supercapacitors enable manufacturers to make smaller, thinner, longer-running portable electronics such as cell phones, PDAs, medical devices, AMRs and notebooks. The company, which is listed on the Alternative Investment Markets (AIM) in London, is based in Sydney, Australia, has additional production facilities in Malaysia, and sales offices in South Carolina, USA and Taipei, Taiwan. For more information visit http://www.cap-xx.com or email sales@cap-xx.com.

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Note: For photographs of Mr. Edwards and of CAP-XX supercapacitors: http://www.cap-xx.com/news/photogallery.htm.