Contact Information: Contact: Enable IPC Corporation Rich Kaiser 800-631-8127 (Investor Relations) ir@enableipc.com www.enableipc.com
Enable IPC Corporation Ultracapacitor Performance Continues to Improve
Ultracapacitor Market Expected to Grow to $600 Million by 2012
VALENCIA, CA--(Marketwire - November 15, 2007) - Enable IPC Corporation (OTCBB : EIPC ) announced
today that additional performance improvements have been seen in its
ultracapacitor product during continued research at the University of
Wisconsin.
"A 10% improvement in capacitance per liter of active material was achieved
by testing the device with different separators in various electrolytes,"
explained Dr. Mark Daugherty, Chief Technology Officer for Enable IPC.
"Our original performance goal was exceeded in our first series of tests,"
Dr. Daugherty continued. "Over time we were able to double what we thought
we would get initially and now we're doing even better."
The device was unveiled in October at nanoTX '07, where the Company
reported reaching average performance of over 6000 farads per liter. With
the recent improvement, the device is now reaching average performance of
around 7000 farads per liter. The device is being commercialized under a
joint development plan in place between Enable IPC and the inventors of the
technology. The plan culminates in several beta units delivered to
potential customers. David Walker, Enable IPC CEO, stated that the beta
units will be delivered sometime after the first of the year. The
ultracapacitor market is expected to grow to $600 million by 2012.
The nanoTX '07 presentation on the ultracapacitor is available on the
Company's website at
http://www.enableipc.com/files/nanoTX_leonard_presentation.pdf.
To receive corporate updates and be added to Enable IPC's corporate e-mail
list for shareholders and interested investors, please send an e-mail to
ir@enableipc.com.
About Enable IPC Corp. (Intellectual Property Commercialization)
(www.enableipc.com)
Enable IPC Corporation has a patent application on a proprietary concept
that combines thin film manufacture with nanotechnology to produce a
microbattery that the company believes will significantly out perform
comparable products and revolutionize the microbattery industry. The
company's product is expected to be smaller, cheaper, longer lasting, and
more environmentally friendly than comparable existing products. The
microbattery is ideal for use in multiple applications including healthcare
products, RFID tags, and smart cards.
Forward-Looking Statements: This release contains forward-looking
statements, such as "believes," "expected" 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.