Maxwell Technologies to Report 2001 Financial Results

News Release Set for 4 p.m. EST February 28; Conference Call at 11 a.m. EST March 1


SAN DIEGO, Calif., Feb. 22, 2002 (PRIMEZONE) -- Maxwell Technologies, Inc. (Nasdaq:MXWL) will issue a news release reporting its financial results for the fourth quarter and fiscal year ended December 31, 2001, and commenting on the outlook for 2002, at 4 p.m. (EST) next Thursday, February 28, 2002. Management will conduct a conference call to discuss those results and the outlook for 2002 and answer analysts' questions the following morning, Friday, March 1, at 11 a.m. (EST).

The news release will be distributed by wire and posted simultaneously on the company's Website, www.maxwell.com, at 4 p.m. on February 28. Anyone who wishes to be added to the company's telefax or e-mail distribution lists for news releases may register by e-mail at investors@maxwell.com, or by calling toll-free, 888-307-7893, extension 5165.

The public is invited to listen to the conference call by dialing, toll-free (888) 584-2147, or by accessing the simultaneous Webcast via a link posted on the company's Website, www.maxwell.com, and clicking on Investor Relations, and then on Audio Presentations. The conference call will be archived and available for subsequent replay via the Internet by following the instructions for accessing the live Webcast.

Maxwell Technologies applies industry-leading capabilities in power and computing to develop and market electronic components and power and computing systems for customers in multiple industries, including transportation, telecommunications, consumer and industrial electronics, medical and aerospace.



            

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