Independent Power Source Acts as 'Mini-Uninterruptible Power Supply (UPS)' if Main Power System Fails

SAN DIEGO, Dec. 9 /PRNewswire-FirstCall/ -- Maxwell Technologies, Inc. (Nasdaq: MXWL) announced today that it is increasing production capacity for small cell BOOSTCAP® ultracapacitors to satisfy demand from several leading producers of high performance solid-state drives (SSD) that are using ultracapacitors to supply integrated backup power in enterprise storage products.

Maxwell is currently supplying production level quantities of BOOSTCAP ultracapacitor cells ranging from 10 to 25 farads for SSD "power loss protection." Each SSD incorporates several cells, and customer projections indicate that demand could reach millions of cells in 2010.

"Ultracapacitors provide an independent, instantly available, source of backup power to ensure that no data is lost in the event of a main power system failure, and with their durability and long operational life they should never need to be serviced or replaced," said David Schramm, Maxwell's CEO and president. "The compact, prismatic form factor of our BOOSTCAP PC10 product even enables some SSD producers to integrate a 'mini-UPS' system into their drives without modifying the form factor."

"Flash memory is revolutionizing the storage industry, and we are excited that our products are now playing an increasingly important role in this rapidly advancing technology," Schramm added. "This application demonstrates the versatility of ultracapacitor technology in supporting advancements in industries as diverse as information technology, transportation, renewable energy and consumer and industrial electronics."

"Securing the integrity of data during power outages is a concern of all business continuity professionals, and hopefully of all businesses," said Paul F Kirvan, CISA, CISSP, FBCI, CBCP, Paul Kirvan Associates. "Any additional measures that strengthen storage backup are welcome."

Maxwell Technologies is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Its BOOSTCAP® ultracapacitor cells and multi-cell modules provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Its 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. 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.

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;
• recent disruption of global financial markets and reduced credit availability;
• cost-effective manufacturing and successful outsourcing of product assembly;
• the impact of competitive products and pricing;
• risks and uncertainties involved in foreign operations, including the impact of currency fluctuations;
• product liability or warranty claims in excess of our reserves.

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 Maxwell's 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 by contacting our investor relations department at (858) 503-3434 or at our investor relations website at http://www.maxwell.com/investors/sec-filing.asp.

All information in this release is as of December 9, 2009. 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.

SOURCE Maxwell Technologies, Inc.

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