Maxwell Technologies Appoints Dr. Franz Fink President And CEO

        Maxwell Technologies Appoints Dr. Franz Fink President And CEO

PR Newswire

SAN DIEGO, May 1, 2014

SAN DIEGO, May 1, 2014 /PRNewswire/ --Maxwell Technologies, Inc. (Nasdaq:
MXWL) announced today that its Board of Directors has appointed Dr. Franz Fink
President and Chief Executive Officer and will appoint him to the company's
board at its meeting next week.

Enabling Energy's Future

Immediately prior to joining Maxwell, Dr. Fink was an independent business
consultant, assisting companies in the industrial and automotive markets with
business optimization and growth initiatives. From 2006 to 2012, he was
President and Chief Executive Officer of Gennum Corp., a leading supplier of
high-speed analog and mixed-signal semiconductors for the optical
communications, networking, and video broadcast markets that was listed on the
Toronto Stock Exchange before being acquired by Semtech Corp. in March 2012.
From 2003 to 2006, he was senior vice president and general manager of the
Wireless and Mobile Systems Group of Austin, Texas-based Freescale
Semiconductor, Inc. From 1991 through 2003, he held a series of senior
management positions in the Semiconductor Products Sector of Motorola Corp. in
Germany, the United Kingdom and the United States. He currently serves as a
director and is a member of the Governance Committee of Pason Systems Corp. He
holds a doctorate in natural sciences from the department of computer-aided
design and a master's degree in computer science and electrical engineering
from the Technical University of Munich, Germany.

"Franz is a seasoned technology executive with an established track record of
bringing innovative products to the automotive, telecommunications and other
global markets," said Mark Rossi, chairman of the board. "His drive,
leadership skills and broad experience in international business operations
will be instrumental in accelerating the company's growth and development."

"I am excited to be joining Maxwell at this pivotal moment in the company's
history," Dr. Fink said. "Global demand for clean, efficient, affordable power
and energy solutions is creating significant opportunities for our
industry-leading products and technology. I look forward to working with the
board of directors and our people to execute for our customers and to enhance
value for our shareholders."

Maxwell Technologies is a global leader in the development and manufacture of
innovative, cost-effective energy storage and power delivery solutions. Our
ultracapacitor products provide safe and reliable power solutions for
applications in consumer and industrial electronics, transportation, renewable
energy and information technology. Our 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. Our radiation-
hardened microelectronic products for satellites and spacecraft include single
board computers and components incorporating our proprietary RADPAK® packaging
and shielding technology that enables them to perform reliably in space. For
more information, please visit our website: www.maxwell.com.

Media & Investor Contact: Michael Sund +1 (858) 503-3233; msund@maxwell.com

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SOURCE Maxwell Technologies, Inc.

Website: http://www.maxwell.com
 
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