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RNS Number : 6811T CAP-XX Limited 17 January 2025
REACH
17 January 2025
CAP-XX Limited
("CAP-XX" or "the Company")
Strategic Distribution Agreement with JM Elektronik to Expand Presence in
Poland
The Board of CAP-XX, a global leader in supercapacitor and energy management
system design, is pleased to announce the signing of a franchised distribution
agreement with JM elektronik sp. z o.o. ("JM Elektronik"), a leading
Polish-based electronic component distributor. This agreement grants JM
Elektronik the rights to distribute CAP-XX's full range of high-performance
supercapacitor products throughout Poland.
JM Elektronik will target key growth markets, including smart metering, home
automation, point-of-sale systems, lighting, medical devices, and industrial
controls. With its strong industry presence, JM Elektronik is well-positioned
to drive demand for CAP-XX's innovative energy storage solutions across these
sectors in Poland.
JM Elektronik was established over 30 years ago and is a family-owned company.
It is a trusted supplier of electronic components and is one of the most
prominent electronics manufacturing services providers in Poland with nearly
1,000 active clients.
CAP-XX's Chief Executive, Lars Stegmann, commented: "We are excited to partner
with JM Elektronik to expand our market reach in Poland. Its extensive
experience and strong customer relationships make it an ideal partner to
introduce CAP-XX's supercapacitor technology to new industries and
applications. This strategic alliance marks a significant milestone for
CAP-XX as it continues to grow its international footprint and deliver
advanced energy storage solutions for a smarter and more efficient world."
For further information contact:
CAP-XX
Limited +61
(2) 9157 0000
Pat Elliott (Chairman)
Lars Stegmann (Chief Executive Officer)
Allenby Capital (Nominated Adviser and Joint
Broker)
+44 (0) 20 3328 5656
David Hart / Piers Shimwell (Corporate Finance)
Jos Pinnington/Tony Quirke / (Sales and Corporate Broking)
About CAP-XX
CAP-XX (LSE: CPX) is a 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.
About JM Elektronik
JM Elektronik is a leading Polish distributor of electronic components and EMS
provider, offering comprehensive support for customers in electronics design
and production. The company is committed to providing high-quality products
and services that drive technological innovation.
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