Enable Intellectual Property Commercialization: Enable IPC Corporation Announces Corporate Relations Committee and Invites Sha
VALENCIA, CA--(Marketwire - May 26, 2009) - Enable IPC Corporation (
The committee will be led by board member Philip Verges. Mr. Verges has served on the Board of Enable IPC for two years and is the founder and CEO of NewMarket Technology, Inc. (
"This will be a unique committee in that it will actively seek input from shareholders," said Mr. Verges. "As owners of the Company, shareholders have a vested interest in the growth and ongoing improvement of Enable IPC. Shareholders can provide valuable perspective and feedback regarding how well Enable is communicating its business plans, milestones achieved, challenges and opportunities for investors. We plan to extend invitations to selected shareholders and industry professionals to attend certain committee events and provide feedback on their experiences and perceptions of the Company. We are looking for constructive feedback and suggestions on ways we can improve our shareholder communications and public persona."
Shareholders who have an interest in sharing their insights in a constructive manner in a future committee meeting should send an email to [ info@enableipc.com ].
Enable IPC's Nanowire-based Microbattery and Nanoparticle-based Ultracapacitor
Enable IPC develops leading edge technologies and brings them to market. Two break-through energy technologies in the Company's portfolio include a nanowire-based microbattery and a nanoparticle-based ultracapacitor. For more detailed information on these technologies, please visit the Company's website at [ www.enableipc.com ].
Enable IPC's Ultracapacitors Used in High Profile Renewable Energy Project
Enable IPC has recently completed ultracapacitor electrode shipments to IMDEA Energia in Madrid, Spain for a renewable energy demonstration project. The electrodes will be incorporated into a power conditioning unit by IMDEA and Green Power, a Spain-based renewable energy manufacturer, for a demonstration as part of the SA2VE project -- a Spanish government-sponsored program focused on new energy solutions, particularly relating to "green" power. If the project is successful, the Company could have a multi-million dollar opportunity in renewable energy.
The Company's ultracapacitor technology combines nanoparticles with common carbon sheets for a low cost, easy-to-implement process that improves the performance of ultracapacitors as clean energy storage devices. The enhanced ultracapacitors are simpler, cheaper and longer lasting than conventional devices, including some batteries, but perform just as well for many applications including renewable energy.
$600 Million Ultracapacitor Market
Enable IPC's ultracapacitor technology is aimed at a market estimated to grow to over $600 million by the year 2012. While the company has been mostly focusing on the use of ultracapacitors in renewable energy, there are also huge opportunities for this technology in consumer, other industrial and transportation applications as well. For more detailed information on ultracapacitors, please visit the corporate website at: [ http://www.enableipc.com/ultracapacitor.html ].
About Enable IPC Corporation
Enable IPC provides efficient, streamlined strategies for turning technologies into products and bringing them to market. Enable IPC's growing portfolio currently includes the exclusive rights to two break-through energy technologies: a nanoparticle-based ultracapacitor and a nanowire-based microbattery. For more information, please visit [ http://www.enableipc.com ].
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.