SOURCE: Enable Intellectual Property Commercialization

Enable  Intellectual Property Commercialization

June 09, 2010 09:00 ET

Enable IPC Announces Phase I STTR Grant Award From the National Science Foundation (NSF)

MADISON, WI--(Marketwire - June 9, 2010) -  Enable IPC Corporation (PINKSHEETS: EIPC) today announced its subsidiary, SolRayo, Inc., has been awarded a $149,935 Phase I Small Business Technology Transfer (STTR) grant from the National Science Foundation (NSF) to conduct research into "Using Nanoparticle Oxide Coatings to Increase Cycle Life of Cathode Materials for Li-Ion Batteries." The work will be performed under the guidance of SolRayo's Director of Battery R&D, Dr. Walter Zeltner, who will serve as principal investigator, and will be accomplished in collaboration with the University of Wisconsin. The award will provide funding from July 1, 2010 through June 30, 2011. SolRayo is developing new nanoparticle-based materials for commercial use in various renewable energy, industrial, consumer, and automotive applications. 

STTR is a vital, US government-funded, highly competitive small business program that expands funding opportunities in the federal innovation research and development arena. The program funds certain joint venture opportunities between businesses and non-profit research institutions. Upon the successful completion of the Phase I program, SolRayo may apply for a larger amount and longer duration Phase II award to commercialize the work. The goal of the STTR program is to fully transfer the technologies and products from the laboratory to the marketplace. The business profits from the commercialization, which, in turn, stimulates the U.S. economy.

SolRayo CEO Dr. Mark Daugherty said, "Our research into this technology suggests that battery life can be significantly expanded by using a simple, inexpensive nanoparticle coating process. This could mean a large market opportunity for us in a number of areas, most particularly in military, remote power and transportation applications."

Kevin Leonard, Chief Technology Officer at SolRayo, commented, "Our initial research shows that this process inhibits the degradation of battery cathode materials, especially at higher operating temperatures. This means that a battery's life could be extended significantly by applying an inexpensive, nano-based coating to one of the battery's key components."

The NSF is a federal agency whose mission is to support for all fields of fundamental science and engineering, except for medical sciences. This important agency was established by Congress in 1950 and they are responsible to keep the US in a leadership position in these scientific fields. More about the NSF can be found at their website: http://www.nsf.gov.

About SolRayo, Inc.

SolRayo, Inc. (http://www.solrayo.com) is a Madison, Wisconsin-based company focused on developing new nanoparticle-based materials for use in various renewable energy, industrial, consumer, and automotive applications. The Company is currently working to commercialize an ultracapacitor technology licensed from the University of Wisconsin. In addition to its materials research and development work, 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. The company seeks to turn technologies into products and is a transparent, fair turnkey partner for sub-licensing and joint development with other companies.

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