Maxwell Technologies reported net income of approximately $633,000 on revenue of $15.1 million for its fourth quarter ended December 31, 2006, compared with a net loss of $1.1 million on revenue of $12.6 million for the same period in 2005. The current quarter results reflect a non-cash gain of $5.0 million for a change in calculated fair value of conversion features of convertible debentures, and non-cash expenses of $1.3 million of amortization related to convertible debentures and compensation expense for stock option and restricted stock grants. Boostcap ultracapacitor revenue for the fourth quarter totaled $5.4 million, compared with $3.2 million for the same period in 2005, and increased by 53 percent, year-over-year, from $12.1 million in fiscal year 2005, to $18.5 million in FY2006. The revenue for the year 2006 was $53.4 million, compared with a revenue of $45.4 million for 2005. The net loss was $ 16.5 million, compared with a net loss of $ 6.29 million in 2005.