http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/09-10-2007/0004659343&EDATE=Maxwell Technologies to Design and Produce Ultracapacitors for Advanced Engineering Hybrid Drive Train Program
Ultracapacitors' Rapid Charge/Discharge Capabilities Boost Acceleration and
Increase Braking Energy Recuperation Efficiency, Reducing Fuel Consumption
and Emissions
SAN DIEGO, Sept. 10 /PRNewswire-FirstCall/ -- Maxwell Technologies,
Inc. (Nasdaq: MXWL) announced today that it has been awarded a contract by
Mercedes Car Group to design and produce ultracapacitors for an advanced
engineering hybrid-electric drive train program incorporating a braking
energy recuperation system that enables it to increase fuel efficiency and
reduce emissions.
David Schramm, Maxwell's president and chief executive officer, said
that the contract provides for funding from Mercedes to develop a new
BOOSTCAP(R) ultracapacitor cell specifically designed to meet the energy
storage and power delivery requirements of one of Mercedes' torque assist
and recuperative braking systems.
"Mercedes-Benz is a global automotive technology leader, so working
more closely with its research and development organization will give us
the opportunity to demonstrate Maxwell's capabilities as a supplier for
future series production programs," Schramm said.
Schramm said that Maxwell also is working with automotive and heavy
transportation OEMs as well as leading Tier 1 suppliers worldwide to design
and develop ultracapacitor-based energy storage and power delivery
solutions for electrical subsystem applications, such as enhanced starting
and power network net stabilization, and for numerous fuel-efficient,
low-emission, hybrid drive train configurations.
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