Australia CAP-XX Inc. has been named a 2005 Technology
Pioneer by the World Economic Forum. Technology Pioneers
are selected for developing and applying the most
innovative and transformational technologies. This
year’s honorees are leaders in nanotechnology, drug
development, renewable energy and wireless technology,
and have the potential to significantly impact business
an ideal power solution for increasingly smaller and
more functional portable devices. With high power
and energy densities, supercapacitors provide the
high burst power required when taking a digital photo,
sending wireless phone or PDA transmissions, providing
back-up energy or hot-swapping battery packs.
CAP-XX has pioneered
supercapacitor technology that leads the industry
in energy density by combining high capacitance and
low internal resistance in a thin and flat package.
This has enabled manufacturers to design smaller,
thinner, longer-running GPRS/EDGE/3G communication
devices such as smartphones, PDAs, PCMCIA and Compact
Flash modems plus is enabling emerging medical and
consumer applications such as White LED flash in cell
phones and digital cameras.
In its three-year
production history, CAP-XX has shipped approximately
500,000 supercapacitors. They use nanotechnology techniques
to prepare raw materials and assembly techniques to
achieve their leadership performance for high power
delivery in the smallest packages. They play a valuable
role in wireless technologies and renewable energy
sources like fuel cells and solar power.
“It is an honor for
CAP-XX to become a Technology Pioneer,” said Anthony
Kongats, CAP-XX’s CEO. “It will be an excellent opportunity
to discuss future innovations for supercapacitors
with other pioneers in wireless, nano, and renewable
At the annual meeting,
Mr. Kongats will be a discussion leader in sessions
on Nanotechnology and on the “Technologies Most Likely
to Succeed” which will discuss what technology will
have the same impact as the Internet 15 or 20 years
Co-chairs of the event
include Bill Gates and John A. Thain, CEO of the New
York Stock Exchange. The over 200 past winners include
Google, PayPal, Monster.com and NanoGen.
About the World Economic Forum’s Technology Pioneers
In line with the Forum’s
commitment to improving the state of the world, the
Technology Pioneers program was established in 2000
to provide a new perspective on technological change.
The Forum runs the program with Apax Partners and
Deloitte Touche Tohmatsu as strategic partners. Through
its Technology Pioneers program, the Forum identifies
and integrates those companies around the world that
are involved in the design and development of new
technologies. Each innovation, whether it has large
or small consequences, represents another step in
society's attempt to harness, adapt and utilize technology
to change and improve our world. The World Economic
Forum is invested in monitoring and highlighting these
innovations and exploring possible societal repercussions.
Each year members,
constituents and collaborators of the World Economic
Forum nominate Technology Pioneers. The criteria for
1. Innovation. The
company’s technology must be truly innovative. A new
version or repackaging of an already well-accepted
technological solution does not qualify as an innovation.
The innovation should be recent – not more than two
years old. The company should invest significantly
2. Potential Impact.
This company’s technology must have the potential
to have a substantial long-term impact on business
and society in the future.
3. Growth and Sustainability.
The company should have all the signs of a long-term
market leader and should have well-formulated plans
for future development and growth.
4. Proof of Concept.
The company must have a product on the market or have
proven practical applications of the technology. Companies
in “stealth” mode and companies with untested ideas
or models will not qualify.
5. Leadership. The
company must have visionary leadership that plays
a critical role in driving the company towards reaching
6. Status. The company
must not currently be a Member of the World Economic
Forum. This criterion applies to the parent company
– thus wholly-owned subsidiaries of large firms are
An external review
committee comprised of technology experts evaluates
nominees with respect to the criteria above.
The World Economic
Forum (http://www.weforum.org), based in Geneva, Switzerland,
is an independent organization committed to improving
the state of the world. Funded by the contributions
of 1,000 of the world's foremost corporations, the
Forum acts in the spirit of entrepreneurship in the
global public interest to further economic growth
and social progress. The Forum serves its members
and society by creating partnerships between and among
business, political, intellectual and other leaders
of society to define, discuss and advance key issues
on the global agenda. Incorporated in 1971 as a foundation,
the World Economic Forum is impartial and not-for-profit,
and is tied to no political, partisan or national
interests. In 1995 the Forum was awarded NGO consultative
status with the Economic and Social Council of the
CAP-XX Inc. develops
and manufactures high surface area, thin film capacitors
known as supercapacitors. These high-power energy
storage devices enable manufacturers to make smaller,
thinner and longer-running products such as cell phones,
PDAs, medical devices, AMRs and power tools. The private
company has its main operational base in Sydney, Australia,
and sales offices in South Carolina and Texas, USA
and Taipei, Taiwan. For more information visit http://www.cap-xx.com
or send email to firstname.lastname@example.org.