Press Release

Enable IPC Update to Shareholders: SolRayo Potentiostat Targets Up to 10,000 Potential Customers

 

VALENCIA, CA - January 27, 2010 - Enable IPC Corporation (Other OTC: EIPC) today issued an update to shareholders and interested parties focusing on the new potentiostat product line and the ultracapacitor prototype scheduled to be completed next month. The update, which is included below, discusses the potentiostat, its features, initial sales and potential customers.

Enable IPC Shareholder Update

Potentiostat News

About the Enable IPC/SolRayo Potentiostat

This month marks the introduction of the Enable IPC/SolRayo's potentiostat, the SolRayo Electrochemical Test System (ETS). The SolRayo ETS is an instrument that applies or draws a current or voltage to a test cell and measures its response. A primary application of potentiostats is to determine the energy storage, power rating and internal resistance of devices like batteries, capacitors, and fuel cells.

Last week, Enable IPC announced the initial sale of a SolRayo ETS system to a research institution. The sale was valued at more than $45,000. SolRayo's ETS systems range in price from roughly $10,000 for a basic unit to approximately $90,000 for the top of the line model.

A Better System

SolRayo looked to industry professionals, namely electrochemical research engineers, to gather feedback and on what they considered the most important features in a potentiostat system. Based on that feedback, our systems are built with the following features and benefits:

  • Ready for use ìout of the boxî making it suitable for a wide spectrum of users from novice to advanced
  • Intuitive, easy to use software interface, saving as much as $10,000 annually in set up and runtime costs
  • Reduced training from weeks to one-half hour or less
  • Simultaneous and independent experimentation, significantly improving test throughput
  • Low and high current experimentation, making a single system adaptable to a wider range of applications
  • Great flexibility for advanced users to design experiments, empowering research innovation

10,000 Potential Customers

Potentiostat systems are essential in energy storage device research, characterization and other applications. To date, Enable IPC's initial market research, which is far from complete, has identified approximately 6,700 potential customers, consisting mostly of engineering schools, universities and research institutions, as well as battery, capacitor and solar cell manufacturers. The Company expects that the number will grow to as many as 10,000 potential customers globally and continue to increase as demand for potentiostat systems grows.

Ultracapacitor News

Prototype from WEIF Grant

Our grant activity from the Wisconsin Energy Independence Fund (WEIF) will wrap up next month. In February, we are scheduled to complete a 3,000 Farad prototype unit and deliver a final report. The grant has made design and creation of the prototype possible and enabled us to set up a facility in Madison, Wisconsin where we have been able to:

  • Synthesize nanoparticles
  • Create and manufacture our own custom electrodes
  • Assemble test cells and prototypes
  • Conduct electrochemical characterization and
  • Further our R&D investigation of different carbons, coatings, manufacturing methods, etc.

Our next steps will consist of discussions and demonstrations with potential end users of our products for renewable energy storage applications and ultracapacitor companies with the idea of improving their own technologies.

Tremendous Growth in the Renewable Energy Storage Market

The market for grid energy storage is projected to grow to $1.2 billion by 2012 and as much as $8.3 billion by 2015, according to a third party market research report released last year.

The reason for this tremendous growth is simple: wind and solar power is not constant (i.e., the sun doesnít always shine and the wind doesnít always blow), so before they can be integrated in any large numbers into the grid, they need some form of economic energy storage. The market for these storage technologies is expected to grow in parallel with the inclusion of these ìgreenî power sources.

There are a number of technologies vying for a place in this emerging market. Ultracapacitors are ideal for areas like handling brief power interruptions, which have been reported to cost commercial organizations upwards of $200 billion annually. Enable IPC/SolRayo is targeting this market segment with its ultracapacitor technology.

The Company is very optimistic about this space and expects to continue making strides in 2010.

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 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.

 

For additional information, contact Richard Kaiser (Investor Relations): (800) 631-8127 or ir@enableipc.com

 
   
     
 

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