Contact Information: Contact: Enable IPC Corporation Rich Kaiser 800-631-8127 (Investor Relations) ir@enableipc.com www.enableipc.com
Enable IPC Corporation Issues Update on Activities
Report on nanoTX Conference, Global Equities Presentation and Ultracapacitor Progress Aimed at Market Expected to Grow to $600 Million by 2012
| Source: Enable Intellectual Property Commercialization Corporation
VALENCIA, CA--(Marketwire - November 29, 2007) - Enable IPC Corporation (OTCBB : EIPC ) today
issued a Corporate Update to shareholders and interested investors.
The update discussed Enable IPC's activities over the past three months,
including the Company's participation in the nanoTX '07 conference in
Dallas, the company's presentation at the Global Equities Conference in Las
Vegas and the progress made on the Company's ultracapacitor technology.
The Company considers the ultracapacitor (which addresses a market
estimated to grow to over $600 million by 2012) 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 far exceeded the performance of
available commercial products during testing in the lab, but at a very low
cost. The Company now plans to have beta units available for target
customers in early 2008.
Enable IPC also has a microbattery technology that 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:
www.enableipc.com/update112007
About Enable IPC Corp. (Intellectual Property Commercialization)
(www.enableipc.com)
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 complementary 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.
Forward-Looking Statements
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.