Maxwell Technologies Announces Senior Management Appointments

Liedtke joined Maxwell's executive team in 2006. Previously, he spent eight years with BMW's California-based DesignworksUSA, and before that held a series of auto, truck and bus design project management positions with Mercedes Benz and its Freightliner truck division. Andrews most recently was vice president of North American sales with D-Link Corp. and previously was president & CEO of U.S. Robotics, general manager of Gateway Computers' Business-to-Business unit and general manager of Toshiba America Information Systems' Computer Systems Division. Cowperthwaite joined Maxwell in 2007 as senior director of engineering for BOOSTCAP® products. Previously he had held a series of senior engineering and product development positions with Maxtor Corp., and Quantum Corp.

This realignment and expansion of our executive team reflects the increased focus we are placing on product development, marketing and business development to strengthen and expand our presence in the marketplace and realize the full potential of our ultracapacitor technology, said David Schramm, president and chief executive officer. Michael, Van and Jeremy bring solid experience, high energy and proven leadership to these key positions.

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