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Technology Stocks : Maxwell Technologies [MXWL]
MXWL 4.4800.0%May 16 5:00 PM EST

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From: JakeStraw1/21/2010 8:34:58 AM
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Maxwell Technologies Delivers One-Millionth Large Cell Ultracapacitor
finance.yahoo.com

Hybrid Transit Buses, Electric Rail, Automotive and Industrial Systems Drive Increasing Demand

SAN DIEGO, Jan. 13 /PRNewswire-FirstCall/ -- Maxwell Technologies Inc. (Nasdaq: MXWL) announced today that it reached a significant milestone in December with the delivery of its one-millionth large cell BOOSTCAP® ultracapacitor.

Primary applications for Maxwell's large cell products, which range from 650 to 3,000 farads, include hybrid-electric transit buses, electric rail vehicles, cranes, lift trucks and other industrial systems. The company announced its first automotive design-in, for voltage stabilization and idle-stop-start functionality in micro hybrid autos, with Tier 1 automotive supplier Continental AG in September 2009, and initial series production for a major European automaker is set to begin this year.
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