Maxwell Appoints Dr. Henning Hauenstein as Vice President, Strategy & Marketing

~ Automotive Industry Veteran Brings Strong Operational & Strategic Marketing Background

SAN DIEGO, April 25, 2016 /PRNewswire/ -- Maxwell Technologies, Inc. MXWL, a leading developer and manufacturer of ultracapacitor-based energy storage and power delivery solutions, today announced that Dr. Henning Hauenstein will join the company as vice president, strategy and marketing, effective May 2, 2016. In his role, Hauenstein will set the company's strategic marketing plan, drive the product roadmap, and lead product vision and strategy.

Dr. Hauenstein joins Maxwell from Infineon Technologies, where he most recently served as vice president and general manager of the business segment automotive MOSFETs. Previously, he spent over a decade with International Rectifier in a number of management level roles, including vice president and general manager, automotive products business unit; vice president automotive product & program management; and vice president, product marketing automotive, industrial & appliance motion. Hauenstein brings nearly 20 years of automotive, technology planning and strategic marketing experience to Maxwell. He studied physics at the University of Bayreuth in Germany and received a doctorate in natural sciences from the University of Bayreuth.

"Henning is a seasoned executive who brings extensive product development and marketing leadership capabilities to Maxwell," said Dr. Franz Fink, Maxwell's president and chief executive officer. "He will be instrumental as we enhance and expand our brand and business opportunities to drive profitable growth and increase awareness as we continue to diversify our business."

"I look forward to joining the Maxwell team and supporting the ongoing efforts to extend its leadership position in ultracapacitors," said Dr. Hauenstein. "The global push for cleaner, more efficient energy storage and power delivery solutions as well as the accelerated electrification in automotive has created a significant opportunity for Maxwell products. I look forward to working with the outstanding team already in place to bring the right product solutions to market and to increase worldwide awareness of the brand."

Additional Maxwell Technologies information:

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. Our 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 our website: www.maxwell.com.

Media & Investor Contact:
Amy Wakeham
(858) 503-3359
awakeham@maxwell.com

Enabling Energy's Future. (PRNewsFoto/Maxwell Technologies, Inc.)

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SOURCE Maxwell Technologies, Inc.

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