Maxwell Technologies Introduces 390-Volt Ultracapacitor Module for Heavy-Duty Transportation and Industrial Applications
Integrated BOOSTCAP(R) Unit Provides Scalable Solutions for Energy-Efficient, Environmentally Compatible Hybrid and Electric Buses, Trucks, Electric Rail Vehicles and Industrial Systems
San Diego, CA — Maxwell Technologies, Inc. (Nasdaq: MXWL) has introduced a rugged 390-volt BOOSTCAP(R) ultracapacitor module to provide scalable, easy-to-integrate, energy storage and power delivery solutions for heavy hybrid and electric vehicles and heavy duty industrial applications requiring up to 1,170 volts.The new Heavy Duty Transportation (HTM) module delivers industry-leading performance and reliability and long operational life for
vehicles and industrial systems that use electrical energy to enhance their efficiency and environmental compatibility. The newest addition to Maxwell's HTM product family features enhanced integration technology and up to 2.8 times greater energy storage than earlier products.
"Ultracapacitor-based solutions increase the efficiency of systems that
consume electrical energy, which saves fuel or grid power, thereby reducing
emissions of greenhouse gases and other pollutants associated with
conventional internal combustion vehicles and energy generation," said Dr.
Richard Balanson, Maxwell's president and chief executive officer. "This
rugged, high-performance, module is designed specifically to meet the
demanding requirements of regenerative braking systems in hybrid and
electric buses, trucks, electric rail and other heavy vehicles, as well as
cranes and other heavy-duty industrial applications."
The new module meets or exceeds transportation industry requirements
for watt-hours of energy storage and watts of power delivery per kilogram,
and is designed to perform reliably through one million or more deep
discharge cycles, or about 15 years of operational life for most vehicles
or industrial systems. It has integrated voltage management circuitry and
monitoring capabilities and highly efficient, fan-driven, forced air
cooling that ensures good thermal performance at high continuous currents.
"In addition to efficiently managing thermal loads under high current
cycling conditions, this module is built to withstand the harsh environments, shock, vibration and extremely demanding duty cycles that are typical with heavy transportation applications," said Michael Everett, Maxwell's vice president and chief technical officer.
"Improvements in module design and advancing cell performance through material science are enabling enhanced functionality and robustness while significantly reducing
manufacturing cost."
The self-cooled HTM BMOD0018-P390 is encased in a rugged, splash- and
dust-proof, IP 65-compliant, aluminum chassis. Each module is rated at 18 farads, and up to three modules may be linked in series to deliver a total of up to 1,170 volts. Maxwell also offers standard 16-, 48- and 125-volt modules, and a "Quick-Turn" program that offers shipment within 14 days of receipt of a customer purchase order for custom-configured modules for applications requiring up to 540 volts. Complete information and data sheets for Maxwell's module products is available at the company's website:
http://www.maxwell.com/ultracapacitors/index.asp.
Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP® ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS® high-voltage grading and coupling capacitors help to ensure the safety and reliability of electric utility infrastructure and other applications involving transport, distribution and measurement of high-voltage electrical energy. Our radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications.
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and other expressions of management’s belief or opinion that reflect its current understanding or belief with respect to such matters. Such statements include, without limitation, projections of revenue, reserves for delivery of products at prices below our manufacturing cost and operating expenses, including expenses associated with implementation of Section 404 of the Sarbanes-Oxley Act of 2002, for future periods. These estimates and projections and the company’s business prospects in general are subject to numerous risks and uncertainties, including the fact that the company has a history of losses, may not be able to achieve or maintain profitability, and may not be able to obtain sufficient capital to meet customer demand or other corporate needs. Other risks and uncertainties involve our ability to fulfill the terms of research programs and long-term contracts, development and acceptance of products based on new technologies, demand for original equipment manufacturers’ products reaching anticipated levels, general economic conditions in the markets served by the company’s products, cost-effective manufacturing of new products, and the impact of competitive products and pricing, and risks and uncertainties involved in foreign operations, including the impact of currency fluctuations. Future changes in accounting standards or practices may adversely affect our revenue or expenses, and compliance with government regulations may result in additional expenses. We may also be subject to product liability or warranty claims in excess of our reserves, with which we have limited historical experience, and we have undergone government audits of two businesses sold or discontinued in 2001, and cannot be certain that documentation we have provided will be sufficient to avoid significant liabilities arising from those audits. These and other risks are detailed from time-to-time in the Company's SEC reports, including our most recent Form 10-Q and our Form 10-K for the fiscal year ended December 31, 2007. Actual results may differ materially from those projected. These forward-looking statements represent management’s opinions and beliefs as of the date of this news release. The Company disclaims any intent or obligation to update these forward-looking statements to reflect events or circumstances that may arise after the date of this release.