Maxwell Technologies Agrees To Acquire Montena Components; Combination Will Solidify Global Ultracapacitor Leadership

6/3/2002 - Maxwell Technologies, Inc. (Nasdaq: MXWL) announced today that it has signed a definitive agreement to acquire Montena Components, Ltd., a privately held Swiss manufacturer and marketer of ultracapacitors, high-voltage capacitors and high-speed capacitor and battery winding equipment for 2.475 million shares of Maxwell common stock. The transaction, valued at approximately $30 million, is expected to close at the end of June.

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