Press Release

Enable IPC Issues Corporate Update on Recent Federal Stimulus Package Grant Opportunities

 

VALENCIA, CA - September 10, 2009 - Enable IPC Corporation (Other OTC: EIPC) today issued a corporate update to shareholders and interested investors, focusing on a review of proposals recently submitted by the Company and upcoming opportunities.

In a previous update, the Company discussed the funding available from the US government, mostly as a result of President Obama's stimulus package. Enable IPC has evaluated a large number of opportunities relating to the Company's technologies available through existing programs, as well as new opportunities.

To date, the Company has submitted several proposals, amounting to over $7 million in potential funding, to six different government agencies, with additional opportunities currently being evaluated. These proposals range in size from $80,000 to over $3 million. Enable expects to hear feedback from the respective agencies regarding these opportunities between now and the end of this year.

In addition, Enable recently released an ultracapacitor design that the Company is currently working on under the Wisconsin Energy Independence Fund grant. The unit will be scalable, meaning it will be able to provide anywhere from a few hundred farads to as much as 10,000 farads using the same container. This will allow Enable to use the same packaging for multiple applications. Initially, the Company is focusing this design on renewable energy uses.

$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.htm.

About SolRayo, Inc.

SolRayo, Inc. (www.solrayo.com) is a Madison, Wisconsin-based company set up to commercialize an ultracapacitor technology licensed from the University of Wisconsin. In addition, 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 "anticipate," "likely," "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.

Contacts:

Product Inquiries:
Kevin Leonard
(608) 244-2799
kevin.leonard@solrayo.com

Investor Relations:
Rich Kaiser
(800) 631-8127
ir@enableipc.com

 

 
   
     
 

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