Maxwell Technologies to Supply BOOSTCAP(R) Ultracapacitors for Dantherm Power’s Fuel Cell-Based UPS Backup Power Systems
SAN DIEGO, Sept. 26 /PRNewswire-FirstCall/ — Maxwell Technologies, Inc. announced today that Dantherm Power A/S, a leading developer of hydrogen and fuel cell-based power supply solutions, has selected Maxwell’s BOOSTCAP(R) ultracapacitors as the short-duration “bridge power” element of its integrated uninterruptible power supply (UPS) systems for telecommunications and fiber broadband applications.
David Schramm, Maxwell’s President and Chief Executive Officer, said that Dantherm Power, based in Skive, Denmark, has signed a strategic supply agreement through which it will source ultracapacitors exclusively from Maxwell, and has placed an initial purchase order through Alphatron Electronic Parts B.V., Maxwell’s business partner for Denmark, Belgium, Luxembourg and the Netherlands.
Per Albaek, Dantherm Power’s President and Chief Executive Officer said that the systems use ultracapacitors to instantaneously (0 msec) buffer protected loads from short-duration power disturbances and, in the event of a longer power outage, to supply bridging power for fuel cell backup power to reach its nominal capacity.
“In tandem with fuel cells, ultracapacitors enable our systems to meet our customers’ toughest requirements and offer a number of advantages over batteries,” Albaek said. “Ultracapacitors have much longer operational life, require little or no maintenance and are far more reliable, especially in harsh environments where backup power often is needed most. The use of ultracapacitors also reduces the overall system weight and volume due to the stable capacity in farads that enables us to scale the bridge power to the exact system requirements.”
“The Dantherm Power UPS solution is an excellent example of how ultracapacitors can be used to enhance the reliability and efficiency of systems that generate or consume energy,” Schramm said. “We are pleased to be aligned with one of the industry’s leading power systems innovators.”
About Dantherm Power A/S — Dantherm Power A/S is part of the Dantherm A/S group of companies, which are involved in development, production, sale and installation of industrial air and power management solutions for a range of standard and niche applications. Dantherm Power is one of the leading players in development and manufacturing of power supply solutions based on fuel cell and ultracapacitor tech nologies. Its solutions include customized rack- mounted and stand-alone modules with integrated thermal and power management configured to replace batteries and diesel generators and meet the customer needs within the area of UPS and power backup for telecom and IT networks. Dantherm Power began working with selected end-customers and leading component suppliers in 2001, with a goal of being first to market with competitive, flexible, fuel cell-based systems that can be configured to run on methanol and natural gas as well as hydrogen. Since launching its first commercial system in 2005, Dantherm Power has provided solutions for communications networks worldwide. For more information, please visit http://www.dantherm-power.com/.
About Alphatron Electronic Parts B.V. — Part of the Alphatron group of companies, based in Rotterdam, the Netherlands, with subsidiaries in Atlanta USA, Singapore, Australia, New Zealand, Denmark, the UK and China, Alphatron Electronic Parts B.V. is an added value distributor that provides system integration and customized solutions based on BOOSTCAP(R) ultracapacitor products. We specialize in BOOSTCAP solutions for the transportation, automotive and industrial markets, with additional focus on hybrid systems and alternative energy in the marine, offshore and industrial markets. For more information, please visit http://www.aepint.nl/.
About Maxwell — Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Our BOOSTCAP(R) ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS(R) 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. For more information, please visit our website: http://www.maxwell.com/.
Forward-Looking Statements: Statements in this news release that are “forward-looking statements” are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors such as:
— 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; — the impact of competitive products and pricing; — risks and uncertainties involved in foreign operations, including the impact of currency fluctuations.
For further information regarding risks and uncertainties associated with Maxwell’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of our SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained electronically at our investor relations website at http://www.maxwell.com/investors/sec-filing.asp, or by contacting Maxwell’s investor relations department at +1 (858) 503-3434. All information in this release is as of September 26, 2007. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company’s expectations.
Maxwell Technologies, Inc.
CONTACT: Paw Mortensen of Dantherm Power A-S, 0045 9614 3752,pvm@dantherm.com; or Michael Sund of Maxwell Technologies, +1-858-503-3233,msund@maxwell.com
Web site: http://www.maxwell.com/