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FOR IMMEDIATE RELEASE
October 23, 2003

Maxwell Technologies Online Seminar to Address Ultracapacitor-Based 'Hybrid' Power Solutions for Electronic Product Designers

'Optimizing Energy and Power in Emerging Electronic Products' Set for 10 a.m., (Pacific) October 29, 2003; Registration Details below

SAN DIEGO, CA — Maxwell Technologies, Inc. (Nasdaq: MXWL) will conduct a live online NetSeminar entitled, "Optimizing Energy and Power in Emerging Electronic Products" at 10 a.m. (Pacific), October 29, 2003.

Bobby Maher, Maxwell's director of technical sales for BOOSTCAP® ultracapacitors, said that attendees will learn how "hybrid" system designs combining ultracapacitors for power and standard batteries for energy can deliver low-cost, high-performance, system solutions for a wide range of consumer and industrial electronic devices.

"Historically, both power and energy needs have been met by a single component, forcing designers to compromise between those two distinct requirements," Maher said. "New features in emerging electronic devices demand even more power, but consumers want both increased functionality and low prices. In many cases, the answer is to use low-cost standard batteries for energy and ultracapacitors to 'cache' power rather using expensive high-power batteries."

The live, interactive, seminar will allow participants to pose real-time questions to an expert panel consisting of Maher, Richard Smith, Maxwell's executive vice president for strategic business development, and Mark Cohen, Maxwell's director of power products. Please use the following link to pre-register/attend:

http://webevents.broadcast.com/cmp/wcs/index.asp?event_id=10422

Maxwell sells reliability. We develop, manufacture and market electronic components and systems that perform reliably for the life of the applications into which they are integrated. Our BOOSTCAP® ultracapacitors and ultracapacitor-based energy storage systems uniquely address applications in transportation and consumer and industrial electronics. Our high-voltage grading and coupling capacitors are used in 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 primarily address applications in aerospace.

Contact:
Michael Sund
Maxwell Technologies
(858) 503-5171

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