Release
CAP-XX Formalizes Partnership With Murata to
Supply Supercapacitors
Sydney, Australia – May 27, 2008 –
Following the announcement of a letter of intent in March, CAP-XX today announced the signing of a formal contract with Murata Manufacturing Corporation of
Japan (Murata) to jointly develop and supply high performance
supercapacitors for mobile handsets and other peak power-hungry, space-constrained portable
applications.
The companies will initially work together to scale supercapacitor production to meet the anticipated demand
of the global mobile handset market. The companies anticipate that volume mass production and sales from
this partnership will commence in late 2009.
Murata's manufacturing expertise will speed mass production. The electronic component giant's distribution
expertise will greatly expand the sales and marketing of the CAP-XX developed supercapacitors, which have
earned a unique industry position as the smallest and thinnest available for the peak power delivery and
energy storage they provide. In parallel, the partners will jointly develop next generation products with
CAP-XX leading the material development.
The partnership agreement enables CAP-XX to meet its customers' requirements for quality, volume and
specification. Under the terms of the licence, CAP-XX will receive licence fees and a royalty based on the
volume of sales of supercapacitors.
Anthony Kongats, CEO of CAP-XX, commented:
"Murata is the strong manufacturing partner we sought to increase the capacity of our thin-form
supercapacitors and 'de-risk' CAP-XX as a supplier to the high-volume, mobile device customers who needed
more production capacity than we could guarantee. Murata is also the leading supplier to the all of the top
mobile handset market companies and as such is able to support us in building production to meet the
demands of the marketplace, whilst supporting CAP-XX in new product development."
A Murata spokesperson said:
"Murata is pleased to partner with CAP-XX, the leader in supercapacitor development, to provide our
customers with innovative and leading edge solutions."
For further information contact:
CAP-XX |
| Anthony Kongats, Chief Executive Officer |
+61 (0)2 9428 0139 |
Gavin Anderson & Company (Financial PR) |
| Robert Speed / Deborah Walter / Stuart Macaulay |
+44 (0) 20 7554 1400 |
Collins Stewart Limited (Nominated Adviser and Broker) |
| Tim Mickley |
+44 (0) 20 7523 8000 |
More information about CAP-XX is available at www.cap-xx.com
More information about Murata is available at www.murata.com
Notes to Editors:
CAP-XX is a world leader in the design and manufacture of thin-form supercapacitors and power
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.
About Murata Manufacturing Co. Ltd.
Murata Manufacturing Co. Ltd. has been widely recognised as one of the world leading companies for
electronic components. Murata is engaged in product development, manufacture and sale of electronic
components for worldwide use. Major product groups are ceramic capacitors, piezo electric components,
microwave devices and module products. Those are sold mainly to electronics companies in various fields
such as telecommunication, computer, audio and automotive.
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