Contact Information: Contact: Enable IPC Corporation Rich Kaiser 800-631-8127 Investor Relations ir@enableipc.com www.enableipc.com
Enable IPC Ultracapacitor Exceeds 1 Million Cycles
Exclusive License Expands Fields of Use for Both Consumer and Industrial Applications; Opens $600 Million Potential Market
VALENCIA, CA--(Marketwire - December 18, 2007) - Enable IPC Corporation (OTCBB : EIPC ) announced
today that its ultracapacitor technology has matched or exceeded the cycle
life of commercially-available devices.
"As a point of reference, many rechargeable batteries have a useful life in
the 1000s of cycles," explained researcher Kevin Leonard, one of the
inventors of the Enable IPC ultracapacitor. "That is, you can charge and
discharge them at most a few thousand times before they are no longer
useful.
"Ultracapacitors, on the other hand, can generally be charged and
discharged hundreds of thousands of times. In our laboratory testing, on
the morning of December 13th, our ultracapacitor surpassed 1 million cycles
while still maintaining over 80% of its initial capacity, which matches
some of the best performance reports we've seen in ultracapacitor life
cycle testing."
The company is continuing the testing to determine how many cycles the
devices can withstand.
Enable IPC CTO, Dr. Mark Daugherty, said, "We are very pleased with the
pace of our ultracapacitor development. We've met our performance
milestones and are actively developing exciting new applications to take
advantage of these recent improvements."
Separately, Enable IPC recently announced that they had completed and
signed the final license agreement with the University of Wisconsin,
exclusively securing the ultracapacitor technology for consumer and
industrial applications for the useful life of the patent.
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list for shareholders and interested investors, please send an e-mail to
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.