MADISON, WI--(Marketwire - June 9, 2010) - Enable IPC Corporation (
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.
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.
Contact Information:
Investor relations:
Rich Kaiser
(800) 631-8127
ir@enableipc.com