SAN DIEGO, May 12, 2016 /PRNewswire/ -- Maxwell
Technologies, Inc. (NASDAQ: MXWL), a leading developer and
manufacturer of ultracapacitor-based energy storage and power
delivery solutions, today announced that Steve Bilodeau has been appointed to Maxwell's
board of directors as a new independent director effective
May 12, 2016.
Mr. Bilodeau has more than thirty years of general management
and operations experience, as well as extensive experience serving
on public company boards. He was Chief Executive Officer of
Standard Microsystems Corporation (SMSC) from 1999–2008 where he
also served as Chairman from 2000-2012. Bilodeau currently serves
as a director on the board of Cohu, Inc., and is a member of the
Audit, Compensation, and Governance & Nominating Committees as
well as serves as the chair of the Compensation Committee. He has
also previously served as a director of NuHorizons Electronic
Corp., Conexant Systems Inc., and Gennum Corporation.
"Steve brings strong operational and executive management
experience to complement our already experienced Board of
Directors," said Mark Rossi,
chairman of the board. "Steve's broad public company experience and
his extensive background in corporate governance, particularly in
small- to mid-market cap technology companies, will serve us well
as we continue to execute on our long-term strategic objectives and
deliver enhanced value for customers and shareholders."
About Maxwell:
Maxwell is a global leader in the
development and manufacture of innovative, cost-effective energy
storage and power delivery solutions. Our ultracapacitor products
provide safe and reliable power solutions for applications in
consumer and industrial electronics, transportation and
telecommunications. Our high-voltage grading and coupling
capacitors help to ensure the safety and reliability of electric
utility infrastructure and other applications involving transport,
distribution and measurement of high-voltage electrical energy. For
more information, please visit our
website: www.maxwell.com.
Media & Investor Contact:
Amy Wakeham
(858) 503-3359
awakeham@maxwell.com
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SOURCE Maxwell Technologies, Inc.