Maxwell Technologies and German Automotive Systems Supplier, Kromberg & Schubert GmbH & Co. KG to Collaborate in Developing Ultracapacitor-Based Starter System for Cars

Benefits Include Improved Starting Performance, Lower Cost, Reduced

Cabling, Longer Battery Life



Sep 06, 2006, 01:00 ET from Maxwell Technologies, Inc.

    SAN DIEGO, Sept. 6 /PRNewswire-FirstCall/ -- Maxwell Technologies, Inc.
 (Nasdaq:   MXWL) and Kromberg & Schubert GmbH & Co. KG, a leading global
 supplier of wire harnesses and electrical and electronic components to the
 automotive industry, have signed a memorandum of understanding outlining
 terms of an alliance to incorporate Maxwell's BOOSTCAP(R) ultracapacitors
 into a highly efficient, low-cost, engine starting system for automobiles.
     Dr. Richard Balanson, Maxwell's president and chief executive officer,
 said that extensive testing and analysis confirm that an
 ultracapacitor-based starter power node located in close proximity to the
 starter will not only improve starting performance, but also enable
 reductions in system cost, complexity and weight.
     "Incorporating ultracapacitors to relieve the battery of the demanding
 short-duration, high-current, starting load provides several benefits,
 including extending battery life, downsizing the battery and reducing
 cabling," Balanson said. "Kromberg's wire harness and electronic systems
 design expertise and established relationships with automakers around the
 world make it an ideal development partner for this kind of system."
     Arthur Kurz, manager electronic integration, said that ultracapacitors'
 burst power capabilities, cold temperature performance and long cycle life
 make them particularly well-suited for vehicle starting.
     "Automotive batteries store a great deal of energy, but must be
 over-sized to deliver current rapidly enough for acceptable starting
 performance, and their ability to deliver such current drops off sharply
 when the temperature approaches freezing," Kurz said. "Ultracapacitors
 store less energy than batteries, but can deliver ample current for
 starting at temperatures as low as -40 degrees, so a system combining
 batteries and ultracapacitors provides a superior solution."
     Kurz pointed out that many newer automotive designs place the battery
 in the trunk area, which requires running a heavy, rigid, expensive,
 70-to-90 mm copper cable the length of the car to provide sufficient
 starting current. However, he noted that a system employing a small
 ultracapacitor-based power module located near the starter can be charged
 by a lighter, flexible, less expensive, 16-to-25 mm cable.
     "In addition to providing faster, more reliable starting, this
 ultracapacitor-based design reduces heavy, expensive copper cabling and
 allows for a less complex wiring scheme," Kurz explained. "Our calculations
 show that the system will pay for itself by lowering wire harness cost and
 reducing the size and extending the lifetime of the battery, as well as
 contributing to improved fuel efficiency by lowering vehicle weight."
     Balanson said that Maxwell continues to work directly with
 transportation and automotive OEMs as well as other Tier 1 suppliers
 worldwide to design and develop innovative energy storage and power
 delivery solutions.
     "We continue to focus on establishing Maxwell as the leading and
 lowest-cost producer of ultracapacitor products and aligning ourselves with
 leading OEMs and system integrators such as Kromberg to achieve the
 broadest possible penetration of these key strategic markets globally,"
 Balanson said.
     About Kromberg & Schubert
     Kromberg & Schubert GmbH & Co. KG founded in 1902 is a global supplier
 of wire harnesses, special cables and wires, plastics, grommets and other
 electrical and electronic components mainly for the automotive market.
 Headquartered in Abensberg, Germany, the company has more than 13,000
 employees worldwide in 30 locations. For more information, please visit:
 www.Kromberg-Schubert.com.
     About Maxwell Technologies
     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: 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/company/investors/sec_filings.html, or by contacting
 Maxwell's investor relations department at +1 (858) 503-3434.
     All information in this release is as of September 6, 2006. 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.
    SAN DIEGO, Sept. 6 /PRNewswire-FirstCall/ -- Maxwell Technologies, Inc.
 (Nasdaq:   MXWL) and Kromberg & Schubert GmbH & Co. KG, a leading global
 supplier of wire harnesses and electrical and electronic components to the
 automotive industry, have signed a memorandum of understanding outlining
 terms of an alliance to incorporate Maxwell's BOOSTCAP(R) ultracapacitors
 into a highly efficient, low-cost, engine starting system for automobiles.
     Dr. Richard Balanson, Maxwell's president and chief executive officer,
 said that extensive testing and analysis confirm that an
 ultracapacitor-based starter power node located in close proximity to the
 starter will not only improve starting performance, but also enable
 reductions in system cost, complexity and weight.
     "Incorporating ultracapacitors to relieve the battery of the demanding
 short-duration, high-current, starting load provides several benefits,
 including extending battery life, downsizing the battery and reducing
 cabling," Balanson said. "Kromberg's wire harness and electronic systems
 design expertise and established relationships with automakers around the
 world make it an ideal development partner for this kind of system."
     Arthur Kurz, manager electronic integration, said that ultracapacitors'
 burst power capabilities, cold temperature performance and long cycle life
 make them particularly well-suited for vehicle starting.
     "Automotive batteries store a great deal of energy, but must be
 over-sized to deliver current rapidly enough for acceptable starting
 performance, and their ability to deliver such current drops off sharply
 when the temperature approaches freezing," Kurz said. "Ultracapacitors
 store less energy than batteries, but can deliver ample current for
 starting at temperatures as low as -40 degrees, so a system combining
 batteries and ultracapacitors provides a superior solution."
     Kurz pointed out that many newer automotive designs place the battery
 in the trunk area, which requires running a heavy, rigid, expensive,
 70-to-90 mm copper cable the length of the car to provide sufficient
 starting current. However, he noted that a system employing a small
 ultracapacitor-based power module located near the starter can be charged
 by a lighter, flexible, less expensive, 16-to-25 mm cable.
     "In addition to providing faster, more reliable starting, this
 ultracapacitor-based design reduces heavy, expensive copper cabling and
 allows for a less complex wiring scheme," Kurz explained. "Our calculations
 show that the system will pay for itself by lowering wire harness cost and
 reducing the size and extending the lifetime of the battery, as well as
 contributing to improved fuel efficiency by lowering vehicle weight."
     Balanson said that Maxwell continues to work directly with
 transportation and automotive OEMs as well as other Tier 1 suppliers
 worldwide to design and develop innovative energy storage and power
 delivery solutions.
     "We continue to focus on establishing Maxwell as the leading and
 lowest-cost producer of ultracapacitor products and aligning ourselves with
 leading OEMs and system integrators such as Kromberg to achieve the
 broadest possible penetration of these key strategic markets globally,"
 Balanson said.
     About Kromberg & Schubert
     Kromberg & Schubert GmbH & Co. KG founded in 1902 is a global supplier
 of wire harnesses, special cables and wires, plastics, grommets and other
 electrical and electronic components mainly for the automotive market.
 Headquartered in Abensberg, Germany, the company has more than 13,000
 employees worldwide in 30 locations. For more information, please visit:
 www.Kromberg-Schubert.com.
     About Maxwell Technologies
     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: 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/company/investors/sec_filings.html, or by contacting
 Maxwell's investor relations department at +1 (858) 503-3434.
     All information in this release is as of September 6, 2006. 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.