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Last updated on April 24, 2014 at 12:48 EDT

Digi-Key Corporation and Maxwell Technologies Sign Global Distribution Agreement

May 10, 2012

THIEF RIVER FALLS, Minn. and SAN DIEGO, May 10, 2012 /PRNewswire/ Global electronic components distributor Digi-Key Corporation, recognized by design engineers as having the industry’s largest selection of electronic components available for immediate shipment, today announced the signing of a global distribution agreement and will now distribute Maxwell Technologies products worldwide.

“As a global leader of energy storage and power delivery solutions, Maxwell Technologies is well-suited for Digi-Key’s line card,” said Jeff Shafer, Digi-Key’s vice president of global interconnect, passive, and electromechanical product. “We are pleased to offer Maxwell’s ultracapacitor products to our global customers.”

As a market leader and innovator, Maxwell Technologies (Nasdaq: MXWL) is committed to providing cost-effective, energy-efficient, environmentally-conscious energy storage and power delivery solutions that extend the limits of current conventions. Maxwell products are designed and built to provide failure-free performance for the life of the most demanding applications.

“We are excited to partner with Digi-Key,” said Van Andrews, Maxwell’s senior vice president of sales and marketing. “Their dynamic, Internet-based business model and superior customer service will help to make our products and technical information on their use more readily available to the worldwide electronic design community.”

Maxwell’s primary focus is on ultracapacitors: energy storage devices that are characterized by high power density, long operational life, the ability to charge and discharge very rapidly, and reliable performance at extreme temperatures. Maxwell ultracapacitor products provide energy storage and power delivery solutions for applications in many industries including automotive, heavy transportation, renewable energy, backup power, wireless communications, and consumer and industrial electronics.

Maxwell Technologies products are available for purchase now on Digi-Key’s global websites.

About Digi-Key Corporation

As one of the world’s leading, totally integrated, Internet-based distributors of electronic components, Digi-Key Corporation has earned its reputation as an industry leader through its total commitment to service and performance. Digi-Key is a full-service provider of both prototype/design and production quantities of electronic components, offering more than two million products from over 500 quality name-brand manufacturers at www.digikey.com. A testament to Digi-Key’s unparalleled commitment to service, North American design engineers have ranked Digi-Key as the #1 Most Preferred Distributor (UBM/EE|Times Distributor Customer Preference Study/June 2011). With global sales for 2011 surpassing $1.5 billion, Digi-Key’s single location in North America is one of its greatest assets. Additional information and access to Digi-Key’s broad product offering is available at www.digikey.com.

About Maxwell Technologies
Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Maxwell’s ultracapacitor products provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Its 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. Its 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 www.maxwell.com.

SOURCE Maxwell Technologies, Inc.


Source: PR Newswire