Ioxus Appoints Brendan Andrews Vice President of Sales and Marketing

Industry’s Only U.S. Ultracapacitor Manufacturer Adds Former Maxwell Technologies Executive to Management Team

ONEONTA, N.Y.--(BUSINESS WIRE)--Ioxus, Inc., the only U.S. manufacturer of innovative ultracapacitor technologies for military, transportation and alternative energy markets, today announced the appointment of energy storage veteran Brendan Andrews as vice president of marketing and sales. In addition, Ioxus hired former Maxwell Technologies’ Sales Manager Michael Leiber as the regional director of sales. Both Andrews and Leiber bring proven success in the ultracapacitor market, providing a consistent increase in revenue and customers to exceed company business goals.

“This accomplishment, combined with Andrews’ approach to the market and expertise in building sales distribution channels, and Leiber’s extensive experience in building and establishing relationships, will help drive rapid revenue and customer growth for Ioxus.”

Andrews is responsible for the leadership and coordination of Ioxus’ sales and marketing functions and for educating the global market regarding existing and future ultracapacitor technologies. Previously, as Maxwell Technologies’ director of sales and marketing Americas, Andrews was responsible for all sales and marketing activities in North and South America, where he helped lead the company to more than $40 million in revenue, while growing revenue in the Americas by more than 300 percent. Additionally, Andrews increased Maxwell Technologies’ customer base to include new markets such as solid-state drives (SSD) and LED lighting applications. Prior to Maxwell Technologies, Andrews also held management positions with Arcotronics Group and KEMET Electronics Corporation.

“Ioxus’ potential is unprecedented, and its commitment to driving the concept of higher power, higher density ultracapacitors and hybrid ultracapacitors will unleash an industry standard for hybrid-diesel, fuel cell or battery-based vehicles and other energy storage applications,” said Andrews. “This vision, along with outstanding technology, is what draws market adoption of products from companies like Ioxus.”

Additionally, Leiber will help expand Ioxus’ sales and marketing focus globally, including the growth of the global distributor network. At Maxwell Technologies, Leiber helped successfully generate interest and increase the company’s current and potential customer base. Prior to Maxwell Technologies, Leiber held positions at United Chemi-con and BC Components.

“Both Andrews and Leiber contributed to the success of the market’s current ultracapacitor leader, Maxwell Technologies,” said Michael Pentaris, CEO of Ioxus. “This accomplishment, combined with Andrews’ approach to the market and expertise in building sales distribution channels, and Leiber’s extensive experience in building and establishing relationships, will help drive rapid revenue and customer growth for Ioxus.”

Additional Ioxus Information:

• Ioxus data sheets: http://www.ioxus.com/data-sheets.html
• Ioxus store: http://www.ioxus.com/store/
• Ioxus on Twitter: http://www.twitter.com/ioxus

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.

Contacts:
Metis Communications
Melissa Cohen
melissa@metiscomm.com
617-236-0500

Harvey Wilkinson Joins Ioxus as Vice President of Buisness Development

Will Apply Deep Industry Experience to Expansion of Ioxus’ Global Sales, Marketing and Business Development Efforts

ONEONTA, N.Y.--(BUSINESS WIRE)--Ioxus, Inc., developers and manufacturers of innovative ultracapacitor technologies for a wide range of energy storage markets, today announced that Harvey Wilkinson begin_of_the_skype_highlighting end_of_the_skype_highlighting, who has more than two decades of experience in the energy and technology markets, has joined the company as vice president of business development. In his new role, Wilkinson will be responsible for expanding sales and marketing programs worldwide and building new business development initiatives that are consistent with the company’s overall strategy.

“We welcome Harvey to the company and look forward to his leadership in sales, marketing and business development for further company expansion.”

Prior to Ioxus, Wilkinson was the director of embedded systems sales and a product manager at A123 Systems, one of the world’s leading suppliers of lithium ion batteries. Wilkinson was instrumental in developing that company’s products for the global utility market and also managed the rollout of the first large-scale lithium ion battery system for utility grid applications. His experience there - as well as in management, marketing and sales at other energy technology companies including AVESTOR and Beacon Power Corporation - uniquely prepares him to lead expansion efforts at Ioxus.

Wilkinson is a member of the Institute of Electrical and Electronics Engineers (IEEE) and earned his master of science degree in business administration from Boston University. He also holds a bachelor of science degree in computer science and a bachelor of arts degree in history, both from Cornell University.

“All signs point toward enormous growth in the energy storage markets in the coming years, and Ioxus is leading the way with products that are both environmentally safe and technologically superior to competitors’ offerings,” said Wilkinson. “Ultracapacitors are an enabling technology in transportation, alternative energy and military applications – all target markets for Ioxus. The company is making great strides within those industries that will contribute to its ongoing success worldwide.”

“Harvey brings a depth of knowledge and experience to Ioxus that is absolutely essential as we continue to develop, manufacture and sell ultracapacitors that offer higher power density and increased energy capabilities beyond any other ultracapacitor technology available on the market,” said Michael Pentaris begin_of_the_skype_highlighting end_of_the_skype_highlighting, CEO of Ioxus. “We welcome Harvey to the company and look forward to his leadership in sales, marketing and business development for further company expansion.”

Additional Ioxus information:

• Ioxus data sheets – http://bit.ly/aZB7Kv
• Ioxus photos – http://bit.ly/ajcOJE
• Ioxus on Facebook – http://bit.ly/8Y2Po2
• Ioxus on Twitter – http://bit.ly/aaoZF4

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.

Contacts:
Metis Communications
Melissa Cohen begin_of_the_skype_highlighting end_of_the_skype_highlighting, begin_of_the_skype_highlighting 617-236-0500 end_of_the_skype_highlighting
melissa@metiscomm.com617-236-0500