Maxwell Technologies Opens Sales Office in Shanghai, China to Market Ultracapacitor Products, Service Customers Throughout Asia

Maxwell Technologies Opens Sales Office in Shanghai, China to Market Ultracapacitor Products, Service Customers Throughout Asia

April 11, 2007

    SHANGHAI, China, April 11 /Xinuha-PRNewswire/ --
Maxwell Technologies Inc. (Nasdaq: MXWL) announced today
(April 5th) that it has opened a sales office here to
market its BOOSTCAP(R) ultracapacitor products, service
customers and support its distribution channel partners
throughout Asia. 

    Maxwell senior vice president Alain Riedo said,
"We see virtually unlimited opportunities for our
BOOSTCAP products in the Asian transportation, industrial
and consumer electronics markets, and Shanghai's central
location makes it ideal for servicing the rapidly growing
Chinese market and the entire South Eastern Asia
region."

    The office, which is located at the Swiss Center in
Xinzhuang Industrial Park, is staffed by sales and
application specialists as well as support personnel, all
of whom are fluent in both Chinese and English. 

    BOOSTCAP ultracapacitors are based on an innovative
energy storage technology ideally suited for applications
needing repeated bursts of power for fractions of a second
to several minutes. Ultracapacitors have much higher energy
density than electrolytic capacitors and many times the
power density of batteries. They require no maintenance,
and operate reliably in extreme temperatures.

    Ultracapacitors' burst power capabilities and
life-of-the application longevity make them a preferred
energy storage and power delivery solution for
transportation, renewable energy, industrial and consumer
electronics and other applications. BOOSTCAP ultracapacitor
products are available in a range of form factors with
capacitances of up to 3,000 farads as well as packs and
modules that provide easy-to-integrate energy storage and
power delivery solutions for a wide range of applications.

    Maxwell also has established a contract manufacturing
alliance in China for assembly of its BOOSTCAP products and
is supplying its proprietary ultracapacitor electrode
material to other manufacturers in Asia. 

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




    For more information, please contact:

    Media & Investors: 
     Michael Sund
     Tel:   [phone]
     Email: [e-mail]

    Technical & Sales, ASIA: 
     Brian Eichler
     Tel:   [phone]
     Email: [e-mail]

    NORTH AMERICA: 
     David Skinner
     Tel:   [phone]
     Email: [e-mail]

    EUROPE: 
     Raphael Waeber
     Tel:   [phone]
     Email: [e-mail]