VALENCIA, CA--(Marketwire - March 15, 2011) - Enable IPC Corporation (
Enable IPC Expands its Role in RFID
Enable IPC has reached a marketing and distribution agreement that will serve to expand the Company's role in a previously announced RFID agreement. Enable IPC will now manage and oversee the manufacturing of a new, rugged and state of the art RFID tag that utilizes ultracapacitors provided by Enable and other novel devices.
Additionally, the confidential partner company discussed in the previously announced agreement will use its substantial experience in marketing and selling RFID systems to serve as the primary marketer and distributor of Enable's RFID tags. The value of the agreement for Enable IPC is also expected to increase substantially from the $4.5 million, three-year agreement previously announced.
"Our schedule calls for the first product samples to be available in 4 to 5 weeks," said David Walker, CEO of Enable IPC. "Final prototypes will follow and production units are expected to be available for sale in late May or early June."
RFID tags are devices that transmit data over radio frequencies. They are used in dozens of applications and the market for these devices has been estimated by a third party market researcher at nearly $6 billion in 2010, growing to over $8 billion by 2014.
Additional details are expected to be released in the coming weeks.
Product Details Revealed
The Company has issued new information regarding the RFID tag's expected characteristics. The final product is expected to be unlike anything currently available on the market. The tag will utilize Enable's ultracapacitors (along with some additional novel devices) which are expected to substantially improve the range at which the tags can be read. In addition, the tags will be designed to be rugged and durable, and are expected to last longer than many of the items they will be used to track. The tag is also designed to be high-end, with performance characteristics and tracking distances expected to exceed those in its product category. The tags will also be re-usable and will likely be offered with an attractive long-term warranty.
RFID's Many Uses
In addition to livestock tracking, as mentioned in previous releases, a product with the characteristics of Enable IPC's tag is especially fitting for outdoor applications that can take advantage of its robust nature. Some examples include use for oil rigs (both for asset and personnel tracking), transportation, pallet and container tracking, sports (runners, etc.), equipment tracking, forestry identification processes, aerospace, and particular applications for the largest user of RFID, the U. S. Department of Defense.
Enable IPC's Expanded Communication Channels
Enable IPC has recently taken on the challenge of expanding its communication channels, primarily through the use of social media. As a part of this effort, the Company has improved its website, redesigning it for a sleeker, cleaner look and improved user interface.
Enable IPC's website is located at: http://www.enableipc.com
In addition, Enable IPC has recently added a YouTube channel, Facebook page and Twitter as part of its communications effort. Followers of the Company can now receive updated information on a more regular basis as well as data on the items of interest to the Company.
Enable IPC's YouTube channel is located at: http://www.youtube.com/enableipc
To follow Enable IPC on Twitter, go to: http://www.twitter.com/enableipc
To view the company's Facebook page, go to: http://www.facebook.com/pages/Enable-IPC/140064176054394
About Enable IPC Corp. (Intellectual Property Commercialization)
Enable IPC (http://www.enableipc.com) turns technologies into products. The company 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 "expects", "could" 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.
Contact Information:
Product Inquiries:
Kevin Leonard
SolRayo, Inc.
(608) 244-2799