Belton Technology Group today announced that Belton has formed a toll alliance with Maxwell Technologies, Inc. (NASQ: MXWL), a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. In the alliance, Belton provides vertically integrated manufacturing capabilities to support Maxwell's forecasted growth to multi-million-unit annual volumes for its BOOSTCAP® untracapacitors and multi-cell modules, driven by automotive, transportation and industrial electronics applications that are advancing toward high-volume production.

H.P. Chan, president and chief executive officer of Belton Technology Group, said that Belton seeks to align itself as a manufacturing partner with technology leaders in their respective industries.

"We are excited about this expanded alliance with Maxwell. Belton's proven high volume quality manufacturing and supply chain capabilities, and Maxwell's ultracapacitor technology, product designs and worldwide marketing and distribution network will make a powerful combination,"
H.P. Chan said.

Dr. Richard Balanson, Maxwell's president and chief executive officer, said that the offshore manufacturing alliance enables the company to tap into Belton's large existing factories, supply chain operations and 20,000 skilled production workers to ensure that Maxwell can ramp ultracapacitor production as required to keep pace with the rapidly escalating ultracapacitor demand it expects in coming years. He said that Maxwell will continue to produce its proprietary carbon powder electrode material internally and deliver it to Belton plants for assembly into finished ultracapacitor cells and modules.

Balanson noted that Maxwell recently introduced more than 30 new BOOSTCAP® products based on common architecture, components and assembly processes, and is now working closely with Belton engineering and manufacturing personnel to completely shift production of those products to high-volume facilities in China by the end of 2006.

"We have been sourcing key components and materials from Belton for the past year in what we considered the initial phase of a natural progression to offshore manufacturing, and we have been more than satisfied with their responsiveness and quality-centric approach," Balanson said. "Belton has 18 years of experience in producing precision components on a scale of millions per week at Six Sigma quality levels for hard disk drives, communication equipment, implantable medical components and other extremely demanding and competitive industries."

About Belton
Belton Technology Group is a leader in Hard Disk Drive actuator assembly manufacturer, and a full turnkey contract manufacturer of precision machined components, precision metal stamping components, plastics injection molded parts, magnetic coil assemblies, flexible and rigid printed circuit boards and SMT flip chip assemblies. Belton is committed to provide total customer satisfaction and deliver solution with the highest value to meet customers' goals. For more information, please visit http://www.beltontechnology.com/

About Maxwell
Maxwell is a leading developer and manufacturer of innovative, cost-effective energy storage and power delivery solutions. Maxwell's BOOSTCAP® ultracapacitor cells and multi-cell modules and POWERCACHE® backup power systems provide safe and reliable power solutions for applications in consumer and industrial electronics, transportation and telecommunications. Our CONDIS® 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. Maxwell's radiation-mitigated microelectronic products include power modules, memory modules and single board computers that incorporate powerful commercial silicon for superior performance and high reliability in aerospace applications. For more information, please visit http://www.maxwell.com.