To all (Richard Lambert and if there is anyone else out there watching this thread) Latest contract for Maxwell:
Subj: Maxwell Technologies Wins $4.1 Million Capacitor Contract
Date: 98-07-06 20:04:45 EDT
From: AOL News
BCC: JerryCo
Maxwell Technologies Wins $4.1 Million Capacitor Contract
SAN DIEGO--(BUSINESS WIRE)--July 6, 1998--Maxwell Technologies Inc. (NMS:MXWL) today announced that its Energy Products subsidiary has been awarded a $4.1 million contract from Los Alamos National Laboratory for the ATLAS program.
The contract consists of the sale of more than 400 high voltage advanced technology capacitors for delivery over an 18 month period.
"We are very pleased with the Los Alamos decision," said Gregg McKee, president of Energy Products. "We have been developing the product for a period of time and during that process we competed with other capacitor manufacturers. The award, which represents one of the largest capacitor orders ever awarded for this type of application, is a clear indicator of the technical superiority of our products."
Added McKee, "As previously demonstrated, there are global commercial and governmental opportunities for Energy Products and it is our intent to leverage this win into additional opportunities."
ATLAS is a pulsed power facility designed to perform high energy-density experiments in support of nuclear stockpile stewardship and basic research programs. It is designed to be an international user facility, providing experimental opportunities to researchers from Lawrence Livermore National Laboratories, Sandia National Laboratory, AWE, and various academic institutions.
Maxwell Technologies is a leader in pulsed power technologies, providing pulsed power based systems and components for a wide range of commercial applications and research and development for both commercial customers and the U.S. government. The company's advanced technology solutions address diverse markets such as utilities, telecommunications, medical equipment and products, food processing and packaging and transportation. The company also offers industrial computers and subsystems, primarily to OEMs in computer telephony and other markets, and software products and services, both for government research and for various commercial applications.
Except for historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties, including funding levels for defense programs, product development based on new technologies, applications and acceptance of new products in major markets, demand for the product reaching anticipated levels, the impact of competitive products and pricing, and other risks detailed from time to time in the company's SEC reports, including the report on Form 10-K for the year ended July 31, 1997.
Actual results may differ materially from those projected. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.
--30--ktbh/sd* el/sd
CONTACT:
Maxwell Technologies
Tracy Perry, 619/576-7547
URL maxwell.com
To edit your profile, go to keyword NewsProfiles.
For all of today's news, go to keyword News.Subj: Maxwell Technologies Wins $4.1 Million Capacitor Contract
Date: 98-07-06 20:04:45 EDT
From: AOL News
BCC: JerryCo
Maxwell Technologies Wins $4.1 Million Capacitor Contract
SAN DIEGO--(BUSINESS WIRE)--July 6, 1998--Maxwell Technologies Inc. (NMS:MXWL) today announced that its Energy Products subsidiary has been awarded a $4.1 million contract from Los Alamos National Laboratory for the ATLAS program.
The contract consists of the sale of more than 400 high voltage advanced technology capacitors for delivery over an 18 month period.
"We are very pleased with the Los Alamos decision," said Gregg McKee, president of Energy Products. "We have been developing the product for a period of time and during that process we competed with other capacitor manufacturers. The award, which represents one of the largest capacitor orders ever awarded for this type of application, is a clear indicator of the technical superiority of our products."
Added McKee, "As previously demonstrated, there are global commercial and governmental opportunities for Energy Products and it is our intent to leverage this win into additional opportunities."
ATLAS is a pulsed power facility designed to perform high energy-density experiments in support of nuclear stockpile stewardship and basic research programs. It is designed to be an international user facility, providing experimental opportunities to researchers from Lawrence Livermore National Laboratories, Sandia National Laboratory, AWE, and various academic institutions.
Maxwell Technologies is a leader in pulsed power technologies, providing pulsed power based systems and components for a wide range of commercial applications and research and development for both commercial customers and the U.S. government. The company's advanced technology solutions address diverse markets such as utilities, telecommunications, medical equipment and products, food processing and packaging and transportation. The company also offers industrial computers and subsystems, primarily to OEMs in computer telephony and other markets, and software products and services, both for government research and for various commercial applications.
Except for historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties, including funding levels for defense programs, product development based on new technologies, applications and acceptance of new products in major markets, demand for the product reaching anticipated levels, the impact of competitive products and pricing, and other risks detailed from time to time in the company's SEC reports, including the report on Form 10-K for the year ended July 31, 1997.
Actual results may differ materially from those projected. These forward-looking statements represent the company's judgment as of the date of this release. The company disclaims, however, any intent or obligation to update these forward-looking statements.
--30--ktbh/sd* el/sd
CONTACT:
Maxwell Technologies
Tracy Perry, 619/576-7547
URL maxwell.com
To edit your profile, go to keyword NewsProfiles.
For all of today's news, go to keyword News. |
