Monday, October 26, 2009

Ioxus Announces Distributor Network

Company Expands Availability of High-Power Density Ultracapacitors

ONEONTA, NY--(Marketwire - October 26, 2009) - Ioxus, Inc., developers and manufacturers of innovative ultracapacitor technologies for a wide range of energy storage markets, today announced the Ioxus Distributor Network. The initiative is launched in response to the increased demand for smaller-sized, higher capacity and greater power density ultracapacitors for military, transportation, utility and alternative energy applications. It provides worldwide distributors such as Advanced Power Components plc, Masline Electronics, Inc and Trendsetter Electronics with a range of technical and marketing support to supply customized solutions for specific applications.

Ioxus offers the only U.S.-manufactured ultracapacitors that are at price parity with competitors, but boast higher capacitance while adhering to high quality standards. The Ioxus Distributor Network includes experienced distributors that sell, implement and support passive components and energy storage technologies. Ioxus provides distributors with ultracapacitors that extend the charge time and reduce battery use in electronics, hybrid vehicles, wind farms, material handling equipment and other green technologies.

"Ioxus, together with our distributors, helps expand the worldwide use of ultracapacitors for clean technology," said Chad Hall, COO of Ioxus. "Our goal is to help customers by providing them with professional, local partners dedicated to delivering high-power density Ioxus ultracapacitors with quality support and technical assistance."

From the Ioxus Distributor Network:

"We have worked with Ioxus' parent company, Custom Electronics, for more than 20 years to provide commercial and military clients with high-reliability capacitors and integrated electronic solutions. Custom Electronics provides a foundation of engineering, packaging and customer service excellence for Ioxus that other ultracapacitor manufacturers do not have, setting Ioxus apart from its competitors," said Kevin Brooks, technical manager of Advanced Power Components plc. "Competitor manufacturers do not have the US-based customer support that Ioxus has, making Ioxus the most attractive option for companies looking for on-demand support and service."

Glenn Masline, CEO of Masline Electronics, Inc., said, "We have succeeded for 60 years because we create solutions that leverage new technologies to help customers do things efficiently and effectively. Not only is Ioxus a generation ahead of its competitors in the design of its product, the Ioxus team is comprised of passionate experts who are more than generous with their time and energy as they educate us on how ultracapacitors and their various applications can improve our customers' businesses."

"Reliable energy storage is a core focus of Trendsetter Electronics. By signing Ioxus, we can address the high-energy density design requirements for emerging market applications," said Carol Williams, president and CEO at Trendsetter Electronics. "The Electric Double Layer Capacitor (EDLC) technology will replace and/or extend the life of batteries, power future propulsion systems and enable next generation power architectures. Ioxus' green ultracaps are critical for OEMs focused on reducing carbon emissions, powering smart grid applications and providing reliable, efficient, on-demand energy storage."

For more information, please contact Chad Hall at 607-433-9011 x205.

About Ioxus, Inc.


Ioxus is the only company that develops, manufactures and commercializes innovative ultracapacitor technologies entirely in the United States. The company provides cost-effective, green energy solutions for the military, transportation and alternative energy markets. The Ioxus family of ultracapacitors is uniquely optimized for high performance with low resistance, ideal for delivering high power bursts for acceleration, energy recapture, peak load shaving and high power applications. Ioxus was established by the parent company, Custom Electronics, Inc., which has supplied commercial and military clients with high reliability capacitors and integrated electronic assemblies since 1964. Ioxus is headquartered in Oneonta, N.Y. For more information, visit www.ioxus.com.

For more information, contact:
Melissa Cohen
Metis Communications
617-236-0500