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Corporate Update Now Available on the Enable IPC Website
Enable Intellectual Property Commercialization Corporation (Enable IPC) (OTCBB: EIPC) today issued a Corporate Update to shareholders and interested investors.
The update discussed Enable IPC's activities over the past two months, including planning for upcoming Company presentations highlighting the significant performance advances in their ultracapacitor technology at nanoTX '07 ( http://www.nanotx.biz/ ) in Dallas October 3-4. The company's ultracapacitor technology advances were recently highlighted by nanoTX'07 in a press release that read, in part: "Dramatic Portable Power Advances ... with 'astounding' performance results of the ultracapacitor, as nanotechnology advances (nanostructures and nanoparticles) play a key part in the Energy Pavilion at expo in October." To see the nanoTX'07 release in its entirety, please visit http://www.transworldnews.com/NewsStory.aspx?storyid=19916&ret=Default.aspx .
In addition, the update summarizes the annual stockholders' meeting, which took place in July, and progress made on the Company's nanoparticle-based ultracapacitor and nanowire-based thin film microbattery.
The Company considers the ultracapacitor to be a fourth-generation technology, representing the next steps in integrating nanoparticles and inexpensive, readily available materials into a simple manufacturing process. The resulting device has matched or exceeded the performance of available commercial products during testing in the lab, and the final product cost is expected to be very low. Under a joint development agreement with SolRayo, the Company plans to have beta units available for target customers in the consumer electronics industry by the end of this calendar year.
The Company's microbattery technology is aimed at a market that has been independently estimated to grow to over $3 billion by 2012. The company is targeting several applications for the device including health care products, RFID tags and smart cards. The product advantages are expected to include greater power density and lower costs than competing technologies.
The Corporate Update can be found in its entirety on the company's website: http://www.enableipc.com/update082007 .
To be added to Enable IPC's corporate e-mail list for shareholders and interested investors, please send an e-mail to
About nanoTX ( http://www.nanotx.biz )
nanoTX, presented this year by SIA, is the world's most comprehensive nanotechnology conference and exposition. The event highlights advances in nanoscience, explains how nanotechnology is being used today and how it will impact a broad range of industries tomorrow, including: electronics, energy, aerospace, defense, biomedicine, robotics, chemicals and more.
nanoTX has established a reputation for delivering solid content, compelling panel discussions, early-stage investment opportunities and a world-class roster of presenters. This year's signature Nobel Laureates Legends program sponsored by IEEE features a reunion of the original Nobel Prize-winning Buckyball discovery team -- the breakthrough advancement that started the whole carbon nanotechnology and nanotube revolution we're seeing today, and into tomorrow. For more information and to register, please visit http://www.nanotx.biz .
About Enable IPC Corporation
Enable IPC Corporation is developing power devices using advances in thin films and nanotechnology. Our products include microbatteries for very low power applications (utilizing nanowires as small as 1/1000th the diameter of a human hair) and ultracapacitors for a wide range of power applications (utilizing nanoparticles on carbon). These complimentary products will be ideal for use in a variety of applications. The microbattery is targeted for use in healthcare products, RFID tags, smart cards and many other applications while the ultracapacitor is to be used in consumer electronics.
This release contains forward-looking statements, such as "believes," "expected," "targeted" and similar terminology, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties which could cause actual results that the Company achieves to differ materially from any of the forward-looking statements. Such risks and uncertainties, include, but are not limited to, the following: the timely development and market acceptance of products and technologies, the ability to secure additional sources of financing, the difficulties in forecasting results from development efforts, difficulties in accurately estimating market growth, the impact of changing economic conditions, business conditions in the microbattery industry and others identified in our Annual Report on Form 10-KSB, as amended, and other Securities and Exchange Commission filings. The company undertakes no obligations to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
For more information, please click here
Enable IPC Corporation
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