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Maxwell Technologies Sells Military Microelectronics Product Line to XTREME Semiconductor

Posted on: Monday, 5 April 2004, 06:00 CDT

SAN DIEGO, April 5 /PRNewswire-FirstCall/ -- Maxwell Technologies, Inc. announced today that it has sold its military microelectronics analog-to-digital converter product line to Austin, Texas-based XTREME Semiconductor, a manufacturer of high-reliability microelectronics for the military, aerospace and space markets. Terms of the transaction were not disclosed.

Robert Tressler, Maxwell's vice president of sales and marketing, described the transition of the company's line of military qualified 12, 14 and 16-bit A/D converter products to XTREME as "mutually beneficial".

"XTREME will continue to support this product line for Maxwell's existing military customers, allowing our microelectronics group to focus on our core commercial radiation-mitigated memory and power module product lines and single board computers for space," Tressler said.

XTREME Senior Partners Marty Lanning and Paul Hilfer said that the acquisition marks the company's entry into the high-reliability military and aerospace semiconductor market. They said that their company will work closely with Defense Supply Center - Columbus (DSCC) to qualify XTREME Semiconductor's design, manufacturing and other operational processes to meet demanding military specifications (MIL-PRF-38535) for quality and reliability, and satisfy the requirements for inclusion on the Qualified Manufacturers Listing (QML).

XTREME Semiconductor specializes in providing support to customers who are experiencing problems with procurement of hard-to-find (DMS), obsolete and end-of-life (EOL) high-reliability microelectronic components. For more information on the company's products and services, please call (512) 255-5401 or visit its web site, http://www.xtremesemi.com/.

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 and POWERCACHE(R) backup power systems 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/.

Maxwell Technologies, Inc.

CONTACT: Michael Sund of Maxwell Technologies, +1-858-503-3233; or MartyLanning, +1-619-255-7755, or Paul Hilfer, +1-512-255-5401, both of XTREMESemiconductor

Web site: http://www.xtremesemi.com/

Web site: http://www.maxwell.com/

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