SOURCE: Enable Intellectual Property Commercialization

Enable  Intellectual Property Commercialization

April 06, 2010 09:00 ET

Enable IPC Update to Shareholders on Ultracapacitors, Renewable Energy Storage and Potentiostats

VALENCIA, CA--(Marketwire - April 6, 2010) -  Enable IPC Corporation (PINKSHEETS: EIPC) today issued an update to shareholders and interested parties, focusing on the Company's ultracapacitors, applications in renewable energy storage and new potentiostat product line offered through the Company's subsidiary, SolRayo, Inc. (http://www.solrayo.com). The update is included in its entirety below.

Enable IPC Shareholder Update

Ultracapacitor

Applications

Enable IPC has aimed its technology at renewable energy applications. The Company has prepared and tested several prototypes, mostly under a grant from the State of Wisconsin, with the goal of filling this need -- some prototypes are as low as a couple of farads while others are in the hundreds of farad ranges. Additionally, the Company is assembling larger units in the several thousands of farad ranges.

To date, progress is very encouraging as the Company has been able to exceed its initial goals. Enable is currently in discussions with customers involving renewable energy applications at both the residential and larger scale levels. Look for future updates from the Company along these lines.

What are ultracapacitors?

Ultracapacitors (also called supercapacitors or EDL capacitors) are similar to batteries, but with higher power and lower energy storage. Enable IPC, through its SolRayo subsidiary, is commercializing a technology that improves performance in ultracapacitors. For more about Enable's technology, see the presentation here: http://www.enableipc.com/files/nanoTX_leonard_presentation.pdf

About renewable energy storage

There are many good reasons to embrace renewable (i.e., wind and solar) energy:

  • They lower greenhouse gas emissions and reduce pollution;
  • They could potentially eliminate the United States' dependence on foreign oil;
  • They are unlimited energy sources with no supply problems; and
  • The technologies currently exist and are already being used

According to their websites, in 2008, 16% of the energy Southern California Edison supplied to its customers came from renewable sources, while Con Edison allows its New York customers the option of receiving their energy from "green" sources (i.e., wind alone or wind and hydro) for an extra fee. Renewable energy is available and it is working.

The problem is that it is not supplying anywhere close to 100% of the energy needed. Still, wind energy now costs almost the same as coal (according to a report published by Yale University), once a system is in place. The remaining problem is two-fold. First is the capital costs to set up wind turbines. The second issue is the need for economic energy storage.

As clean and pure as wind and solar energy are, the sun doesn't always shine and the wind doesn't always blow. We need to be able to store excess energy for use during the times when we can't generate energy. According to market researchers, the intermittent downtimes, even for a second or two, can cost as much as $200 billion to industrial and commercial customers. In fact, it has been widely reported that Sun Microsystems once estimated that a blackout would cost them up to $1 million per minute.

The major roadblock for energy storage has to do with costs; not necessarily at the large-scale level, where compressed air energy storage (CAES) and pumped hydro have proven very reliable and extremely low cost (according to EPRI, a non-profit research organization), but rather in places where these technologies are (or may be) impractical, such as microgrids, commercial, industrial or residential. No single technology can meet all these issues; each has its own advantages and disadvantages. Today, experts believe that it will take a combination of technologies, honed to meet each of the specific applications, to address the issues.

The technologies in the running include several types of batteries (lead acid, sodium sulfur, lithium ion, zinc bromide, vanadium redox and others), flywheels, superconducting magnetic storage, and, of course, ultracapacitors.

How Enable's ultracapacitors fit in

Enable's ultracapacitors are unique, in comparison to market competitors, because certain configurations have been shown to address the biggest challenge of existing ultracapacitors -- being able to store more energy at lower costs. 

This storage capacity opens up a number of applications in the renewable energy market, especially to industrial and commercial customers, utilities with local wind and solar generation capabilities and some residential applications.

In addition, the energy density can be increased even more and cost/watt-hour can be driven down when ultracapacitors are paired with batteries, either through an asymmetric system or functionally side-by-side.

Enable IPC is pursuing these applications and is currently discussing specific opportunities with potential customers. The Company's technology can meet the market thresholds and take advantage of the tremendous opportunity in this area.

Potentiostat Systems

Enable has received interest in its systems from a number of universities, corporations and labs. As the word continues to spread, Enable expects its sales to grow. For more information on the Company's potentiostat models, click here: http://www.solrayo.com/SolRayo/Instruments.html. Enable IPC's subsidiary, SolRayo, also offers competitively-priced potentiostat systems for sale in the following configurations:

Model # # ch Output V range Max current range EIS max
         
10XX 1 to 16 +/-20V +/-2A continuous N/A
Optional: 1 to 16 +/-100V +/-10pA N/A
         
20XX 1 to 13 +/-20V +/-2A continuous 100kHz
Optional: 1 to 13 +/-100V +/-10pA 100kHz

3000 series to be announced            
Cell connections = 2, 3 or 4            
             
Accuracy and resolution:            
Voltage output accuracy: +/-(0.034% of output + 1.8mV)            
Voltage output resolution: 0.33mV            
Voltage measurement accuracy: +/-(0.03% of reading + 1.5mV)            
Voltage measurement resolution: 0.10mV            
Current output accuracy: +/-(0.03% of output + 0.1µA)            
Current output resolution: 10nA (upgradeable to 500pA with low current option)            
Current measurement accuracy: +/-(0.03% of reading + 0.02µA)            
Current measurement resolution: 1.0nA (upgradeable to 10pA with low current option)            
             
Software features:            
Cyclic voltammetry            
Chronopotentiometry            
Chronoamperometry            
Electrochemical impedance spectroscopy            
(... more to come)            
E-mail/text alerts            
             
Misc. hardware specifications:            
5 current ranges: 200µA to 2A            
18 bit resolution            

We're moving

Enable IPC will be moving its headquarters from Valencia, California to Madison, Wisconsin. Enable will be located in the same suite as the Company's subsidiary, SolRayo, effective June 1, 2010. The move will allow the Company to work more effectively with SolRayo while saving tens of thousands of dollars a year.

About SolRayo, Inc.

SolRayo, Inc. (http://www.solrayo.com) is a Madison, Wisconsin-based company set up to commercialize an ultracapacitor technology licensed from the University of Wisconsin. In addition, the Company introduced its potentiostat/galvanostat equipment products in January 2010. SolRayo is a subsidiary of Enable IPC Corporation.

About Enable IPC Corp. (Intellectual Property Commercialization)

Enable IPC (http://www.enableipc.com) 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 -- a microbattery and an ultracapacitor. The company seeks to turn technologies into products and is a transparent, fair turnkey partner for sub-licensing and joint development with other companies.

Forward-Looking Statements

This release may contain forward-looking statements, such as "estimated," "could," "should" and similar terminology that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the ability to secure additional financing for the company, changing economic conditions, business conditions, and the risks inherent in the operations of a company.

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