Maxwell Technologies, Inc., CEO David Schramm (above center) rang the market closing bell on Wednesday, October 26, 2011 at NASDAQ’s MarketSite in New York City’s Times Square. Maxwell was honored in the closing ceremony for its 28 years of participation on the stock exchange and its profile of innovation and leadership that exemplifies a NASDAQ company. Sales of Maxwell’s ultracapacitor products have grown from $5 million in 2004 to a run rate on pace to reach $100 million by the end of 2011.
Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Maxwell’s ultracapacitor products provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation, and telecommunications. Its 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. Its 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.