REG - CAP-XX Limited - CAP-XX secures order under automotive MoU <Origin Href="QuoteRef">CAPX.L</Origin>

CAP XXAnnouncement

16/07/2015 08:38

RNS Number : 7305O
CAP-XX Limited
01 June 2015
CAP-XXsecures follow-on order underautomotiveMoU
CAP-XX, a world leader in supercapacitorsis pleased to announcethat, following delivery of the firsttest and evaluation samples of itsautomotivesupercapacitor unitsunder itsMoU with a Global Tier -1 auto componentscompany,test resultsunder the programmeto date have been very encouraging. The customer has placed orders for additionalevaluation unitswhichCAP-XXwillmanufacture at itsLane Cove facility in Australia for deliveryto the customer in Q3 2015.
The company is also encouraged by initial industry feedback on its recently launchedrange of Thinline supercapacitors.
Commenting on the launch, CAP-XX ChiefExecutive, Anthony Kongats, said
"We are delighted to have received a follow-on order for automotive supercapacitorsunder our Tier-1 MoUand are veryencouraged by initial feedbackfrom our customer."
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.

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