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Enable IPC Corporation (OTCBB: EIPC) today issued a Corporate Update to shareholders and interested investors.
The update discussed Enable IPC's activities, including the Company's recent Form 15 filing, its contract with IMDEA Energy Institute in Spain, and progress made in its ultracapacitor development efforts.
The Company considers the ultracapacitor (which addresses a market estimated to grow to over $600 million by 2012) to be a fourth-generation technology that exceeds the performance of many existing carbon electrodes and represents the next steps in integrating nanoparticles and inexpensive, readily-available materials into a simple manufacturing process.
Enable IPC also has a microbattery technology in development, featuring greater power density and lower cost. It 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 smart cards and RFID tags.
About Enable IPC Corporation
Enable IPC provides efficient, streamlined strategies for turning technologies into products and bringing them to market. Though not limited to nanotechnology or the energy industries, Enable IPC's growing portfolio currently includes the exclusive rights to two break-through energy technologies. The company seeks to turn technologies into products and is a transparent, fair turnkey partner for sub-licensing and joint development with other companies.
This information may contain forward-looking statements, such as "believes," "estimated," "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, business conditions in the microbattery industry and others identified in our Annual Report on Form 10-K 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.
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Enable IPC Corporation
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