Maxwell Technologies Reports Fourth Quarter and Year-End 2001 Results; Improving Operating Performance Expected to Continue in 2002

2/28/2002 - Maxwell Technologies, Inc. (Nasdaq:MXWL - news) today reported revenue from continuing operations of $15.4 million for its fourth quarter ended December 31, 2001 (Q401). That compares with revenue from continuing operations of $15.0 million for the previous quarter ended September 30, 2001 (Q301), and $23.4 million for the fourth quarter ended December 31, 2000 (Q400), excluding $4.0 million of revenue from the company's medical electronics business, which was sold in June 2001.

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