CAP-XX Limited

Report Publication Announcement • Jun 17, 2015

National Storage Mechanism | Additional information

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RNS Number : 3470Q

CAP-XX Limited

17 June 2015

CAP-XX ships Thinline supercapacitors

CAP-XX, a world leader in supercapacitors, is pleased to announce that it is very encouraged by initial industry feedback for its recently launched range of Thinline supercapacitors, following shipment of sample units for evaluation to manufacturers of wearable devices, energy harvesters and smart credit cards.

19 distributors/end customers have placed initial orders for these supercapacitors, which are optimised to address the demands of new applications in the fastest growing market segments of the internet of things ("IoT").

As a result of customer feedback received in the 7 weeks since the Thinline launch, the Company is considering granting exclusivity for specific market applications. 

Commenting on the launch, CAP-XX  Chief Executive, Anthony Kongats, said

"CAP-XX is very encouraged by the industry response to the evaluation of our recently launched range of Thinline supercapacitors, which directly addresses the demands of developers of devices for the IoT."

For further information, please contact:

CAP-XX Limited
Anthony Kongats (Chief Executive Officer)	+61 (0) 2 9428 0139
Allenby Capital Limited (Nominated Adviser and Broker)
David Hart / Alex Brearley	+44 (0) 20 3328 5656
Kreab (Financial PR)
Robert Speed	+44 (0) 20 7074 1800

Notes to editors

About CAP-XX

CAP-XX (LSE:CPX) is a world leader in the design and manufacture of thin, flat supercapacitors and energy management systems used in portable and small-scale electronic devices, and to an increasing extent, in larger applications such as automotive and renewable energy. The unique feature of CAP-XX supercapacitors is their very high power density and high energy storage capacity in a space-efficient prismatic package. These attributes are essential in power-hungry consumer and industrial electronics, and deliver similar benefits in automotive and other transportation applications. For more information about CAP-XX, visit www.cap-xx.com. 

This information is provided by RNS

The company news service from the London Stock Exchange

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