Press Releases

Press Releases

For an archive of all press releases visit our investors page
8/10/2015 Saving Weight, Improving Reliability: Peterbilt Offers Maxwell's Engine Start Module

Maxwell Technologies' ultracapacitor-powered ESM available on Peterbilt Models 579, 567 SAN DIEGO, Aug. 10, 2015 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of ultracapacitor-based energy storage products, announced today that Peterbilt Motors Company, a leading designer and manufacturer of premium trucks, is now offering Maxwell's ultracapacitor-powered Engine Start Module (ESM) on new Model 579 and 567 trucks as a factory-installed option. Maxwell's ESM enables fleets to give their drivers the superior starting reliability they demand while increasing payload. The ultracapacitor replaces one traditional battery – reducing weight by up to 60 pounds – and is dedicated to starting the vehicle. This means power is always available to start the vehicle, reducing unplanned downtime.

8/10/2015 Maxwell Technologies CEO Franz Fink To Present At Canaccord Genuity Investor Conference In Boston

SAN DIEGO, Aug.10, 2015 /PRNewswire/ -- Maxwell Technologies' (Nasdaq: MXWL) President and Chief Executive Officer, Dr. Franz Fink, will present at 9:30 am EDT, August 13, at the Canaccord Genuity Growth Conference 2015 in Boston.

7/30/2015 Maxwell Technologies Selected As Exclusive Capacitive Energy Storage Supplier By China's Largest Rail Company

China Qingdao Sifang Rolling Stock Research Institute and Maxwell Sign Multi-year Strategic Agreement SAN DIEGO, July 30, 2015 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL), a leading developer and manufacturer of ultracapacitor-based energy storage solutions, announced today that it has signed a long-term strategic partnership agreement with China Railway Rolling Stock Corporation (CRRC-SRI, formerly CNR-SRI), subsidiary of CRRC, one of the largest rail vehicle manufacturers in the world. The a

7/20/2015 Maxwell Technologies' Second Quarter Financial Results Press Release, Conference Call And Webcast Set For July 30

SAN DIEGO, July 20, 2015 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) will issue its financial results news release for the second quarter ended June 30, 2015, at 4 p.m. (EDT) on July 30, 2015. Management will conduct a conference call and simultaneous webcast to discuss reported results and the future outlook one hour later, at 5 p.m. (EDT).

7/6/2015 Maxwell Technologies Secures $25 Million Revolving Credit Facility With East West Bank

SAN DIEGO, July 6, 2015 /PRNewswire/ -- Maxwell Technologies Inc. (Nasdaq: MXWL), a leading producer of energy storage and power delivery solutions, announced today that it has obtained a three-year, $25 million revolving credit facility for working capital purposes, from East West Bank.

6/11/2015 Maxwell Technologies Completes Sale Of Common Stock Through At The Market Stock Offering And Extends Line Of Credit

SAN DIEGO, June 11, 2015 /PRNewswire/ -- Maxwell Technologies Inc. (Nasdaq: MXWL) announced today that it has completed the sale of approximately $10 million of the company's common stock through an at the market (ATM) equity offering announced April 23, 2015, and is terminating the offering, effective immediately. Approximately 1.83 million shares were sold in the offering at an average share price of $5.46.

5/14/2015 Synaptics CEO Rick Bergman Joins Maxwell Technologies' Board

SAN DIEGO, May 14, 2015 /PRNewswire/ -- Maxwell Technologies Inc. (Nasdaq: MXWL) announced today that Rick Bergman, President and CEO of Synaptics, Inc., a leading developer of human interface solutions for intelligent devices, has been appointed to Maxwell's board of directors.

5/11/2015 Maxwell Technologies Appoints David Lyle Senior Vice President & Chief Financial Officer

SAN DIEGO, May 11, 2015 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) announced today that David Lyle has joined the company as Senior Vice President, Chief Financial Officer, Treasurer and Secretary.

4/23/2015 Maxwell Technologies Reports First Quarter Financial Results

SAN DIEGO, April 23, 2015 /PRNewswire/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) today reported revenue of $34.7 million for its first quarter ended March 31, 2015, down 25 percent from the $46.0 million recorded in the first quarter of 2014.

4/22/2015 Maxwell Technologies Introduces 24-Volt, Ultracapacitor-Based Engine Start Module (ESM) For Industrial Equipment

New ESM improves starting reliability and uptime in industrial diesel engine equipment SAN DIEGO, April 22, 2015 /PRNewswire/ -- Maxwell Technologies, Inc., (Nasdaq: MXWL) today announced the availability of its 24-volt ultracapacitor-based Engine Start Module (ESM), ideal for improving equipment uptime and power reliability in buses and industrial vehicles, such as cranes, backhoes, bulldozers, graders, pavers, off-road trucks, portable compressors and others with diesel engines. The 24-volt ESM enables vehicles to start and operate reliably in the face of cold weather and infrequent starting. The new product expands Maxwell's Engine Starting Solutions line to build on the success of its 12-volt ESM and deliver those benefits to diesel engine vehicles used in transportation, construction, military, agricultural, forestry, mining and other industries.