Contact Information: Contact: Enable IPC Corporation Rich Kaiser 800-631-8127 (Investor Relations) ir@enableipc.com www.enableipc.com
Enable IPC, University of Wisconsin Finalize Exclusive License
Expands Fields of Use for Both Consumer and Industrial Applications
VALENCIA, CA--(Marketwire - December 13, 2007) - Enable IPC Corporation (OTCBB : EIPC ) announced
today that it has completed and signed the final license agreement with the
University of Wisconsin, securing the ultracapacitor technology for the
useful life of the patent.
This license formalizes the relationship that began with the License Option
Agreement, announced on May 3, 2007, which gave Enable IPC the option to
license the ultracapacitor technology, for consumer applications only,
after an evaluation period. The final license expands the fields of use to
include all industrial applications as well.
"The license grants us the exclusive right to develop, make, have made,
sub-license, market and sell products based on the ultracapacitor
technology," said David Walker, CEO of Enable IPC. "We have taken some
giant steps in the development of this technology over the past several
months, and have seen some major performance improvements. Securing the
technology exclusively, securing it for both consumer and industrial fields
of use, and securing it for the useful life of the patent should give us a
huge advantage as we go to market."
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ir@enableipc.com.
About Enable IPC Corp. (Intellectual Property Commercialization)
(www.enableipc.com)
Enable IPC Corporation turns technologies into products. The Company has
licensed an ultracapacitor technology that utilizes nanoparticles on carbon
sheets to lower costs and significantly improve performance. In addition,
the Company 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 outperform comparable products and
revolutionize the microbattery industry.
Forward-Looking Statements: This release contains forward-looking
statements, such as "believes," "should" 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 and ultracapacitor
industries 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.