Maxwell Technologies Named a "Cool Vendor" in Automotive Electronics by Gartner

   Maxwell Technologies Named a "Cool Vendor" in Automotive Electronics by

Report highlights innovators making an impact on automobile industry

PR Newswire

SAN DIEGO, May 12, 2014

SAN DIEGO, May 12, 2014 /PRNewswire/ --Maxwell Technologies, Inc. (Nasdaq:
MXWL), a leading developer and manufacturer of ultracapacitor-based energy
storage and power delivery, today announced that it has been named a Cool
Vendor in the "Cool Vendors in Automotive Electronics, 2014" [1] report by
Gartner, Inc. The Cool Vendors in the report develop innovative technology in
the areas of human-machine interface, energy storage and machine vision for
automotive applications. Maxwell is one of the few ultracapacitor
manufacturers that supplies to the automotive industry, which is known for
long development cycles and stringent requirements for components, and for
developing faster, more efficient product production due to its unique dry
electrode fabrication process.

Enabling Energy's Future

James Hines, research director of Gartner and co-author of the report, wrote,
"As cars become more connected, automated and green than ever before, the
computational power and related electronics technology that underlie these
capabilities has become critical elements of automobile development."

"As Gartner confirms, more automotive companies are looking for electronics
technology, that helps meet higher fuel-efficiency standards," said John
Warwick, Maxwell's chief operating officer. "Because our ultracapacitors hold
the required automotive-quality certifications, deliver high power and can
accept a high rate of charge, they're ideal for high-power automotive
applications. More companies are joining the ranks of Continental, which
developed an ultracapacitor-based voltage stabilization system for PSA
Peugeot-Citroen, and Lamborghini, which uses ultracapacitors in its stop-start
system in the Aventador sports car."

There are several uses for ultracapacitors in automotive applications,
including regenerative braking systems, start-stop systems, high-power
consumer support for components such as power steering and air conditioning
compressors, and boardnet stabilization. Unlike batteries, which produce and
store energy by means of a chemical reaction, Maxwell's ultracapacitor
products store energy in an electric field that is larger than that of a
capacitor—meaning ultracapacitors have greater energy storage capacity than
capacitors. The ultracapacitors can charge and discharge in as little as
fractions of a second, perform in temperatures ranging from -40 degreesto +65
degrees C, operate reliably through one million or more charge/discharge
cycles and resist shock, vibration and overcharging.

Additional Maxwell Technologies information:

  oUltracapacitors in automotive applications:
  oMaxwell Technologies on Twitter:
  oMaxwell Technologies on Facebook:
  oMaxwell Technologies on LinkedIn:

Gartner does not endorse any vendor, product or service depicted in our
research publications, and does not advise technology users to select only
those vendors with the highest ratings. Gartner research publications consist
of the opinions of Gartner's research organization and should not be construed
as statements of fact. Gartner disclaims all warranties, expressed or implied,
with respect to this research, including any warranties of merchantability or
fitness for a particular purpose.

About Maxwell Technologies:
Maxwell is a leading developer and manufacturer 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 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-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

[1] Gartner "Cool Vendors in Automotive Electronics, 2014" by James F. Hines,
April 29, 2014

For more information, contact:
Media: Rachel Sullivan, Metis Communications: +1 (617) 236-0500,
Investor: Michael Sund, +1 (858) 503-3233,

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SOURCE Maxwell Technologies, Inc.

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