CAP-XX Selected as 2005 World Economic Forum Technology Pioneer for Industry-Leading Supercapacitor Technology.SYDNEY, Australia -- CAP-XX Inc. has been named a 2005 Technology Pioneer by the World Economic Forum, which will hold its annual meeting (http://www.weforum.org) in Davos, Switzerland, January 26-30. Technology Pioneers are selected for developing and applying the most innovative and transformational technologies. This year's honorees are leaders in nanotechnology, drug development, renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. and wireless technology, and have the potential to significantly impact business and society. Supercapacitors provide an ideal power solution for increasingly smaller and more functional portable devices. With high power and energy densities, supercapacitors provide the high burst power required when taking a digital photo, sending wireless phone or PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). transmissions, providing back-up energy or hot-swapping battery packs. CAP-XX has pioneered supercapacitor technology that leads the industry in energy density by combining high capacitance capacitance, in electricity, capability of a body, system, circuit, or device for storing electric charge. Capacitance is expressed as the ratio of stored charge in coulombs to the impressed potential difference in volts. and low internal resistance in a thin and flat package. This enables manufacturers to design smaller, thinner, longer-running GPRS/EDGE/3G communication devices such as smartphones, PDAs, PCMCIA (Personal Computer Memory Card International Association, San Jose, CA, www.pcmcia.org) An international standards body and trade association that was founded in 1989 to establish a standard for connecting peripherals to portable computers. PCMCIA created the PC Card. See PC Card. and Compact Flash modems plus is enabling emerging medical and consumer applications such as White LED flash in cell phones and digital cameras. In its three-year production history, CAP-XX has shipped approximately 500,000 supercapacitors. They use nanotechnology techniques to prepare raw materials and assembly techniques to achieve their leadership performance for high power delivery in the smallest packages. They play a valuable role in wireless technologies and renewable energy sources like fuel cells and solar power. "It is an honor for CAP-XX to become a Technology Pioneer," said Anthony Kongats, CAP-XX's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "It will be an excellent opportunity to discuss future innovations for supercapacitors with other pioneers in wireless, nano (1) Billionth (10 to the -9th power). See space/time. (2) Refers to the nanotech industry in general. See nanotechnology. (3) See iPod nano. , and renewable energy technology." At the annual meeting, Mr. Kongats will be a discussion leader in sessions on Nanotechnology and on the "Technologies Most Likely to Succeed" which will discuss what technology will have the same impact as the Internet 15 or 20 years from now. Co-chairs of the event include Bill Gates (person) Bill Gates - William Henry Gates III, Chief Executive Officer of Microsoft, which he co-founded in 1975 with Paul Allen. In 1994 Gates is a billionaire, worth $9.35b and Microsoft is worth about $27b. and John A. Thain of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . The over 200 past winners include Google, PayPal and NanoGen. For more about the World Economic Forum's Technology Pioneers Program, including selection criteria, visit http://www.cap-xx.com/WEForum_Criteria.htm. For more about CAP-XX, visit http://www.cap-xx.com. |
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