Maxwell Strikes Distribution Deal – Analyst Blog
Zacks Market Commentaries (July 16th, 2009) Writes:
San Diego, California-based Maxwell Technologies, Inc. (MXWL) added another feather to its distribution network. On Monday, July 13, it signed a global distribution agreement with Texas-based privately held electronic component distributor, Mouser Electronics, Inc. Mouser will distribute Maxwell's ultracapacitors ranging from 2.5V to 125V.
The deal is mutually beneficial for both the companies. By adding Mouser's global distribution network, Maxwell would greatly augment sales of its BOOSTCAP ultracapacitor products. Mouser's global network through print and online catalogs caters to more than 270,000 customers spread over 170 countries.
On the other hand, by adding Maxwell's ultracapacitors to its kitty, Mouser will be able to increase the head count of renewable energy application users in its customer base. Maxwell's BOOSTCAP technology enabled ultracapacitors are ideal for renewable energy application, which necessitates superior energy storage devices.
Maxwell's ultracapacitors are energy efficient, with a long operating life and requires little maintenance. The Maxwell BOOSTCAP ultracapacitors cater
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