Press Release

Enable IPC Announces Phase I STTR Grant Award From the National Science Foundation (NSF) SBIR/STTR Program

 

Madison, WI - June 9, 2010 - Enable IPC Corporation (Pinksheets - EIPC) today announced its subsidiary, SolRayo, Inc., has been awarded a $149,935 Phase I Small Business Technology Transfer (STTR) grant from the National Science Foundation (NSF) SBIR/STTR Program to conduct research into "Using Nanoparticle Oxide Coatings to Increase Cycle Life of Cathode Materials for Li-Ion Batteries." The work will be performed under the guidance of SolRayo's Director of Battery R&D, Dr. Walter Zeltner, who will serve as principal investigator, and will be accomplished in collaboration with the University of Wisconsin. The award will provide funding from July 1 , 2010 through June 30, 2011.

SolRayo is developing new nanoparticle-based materials for commercial use in various renewable energy, industrial, consumer, and automotive applications.

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."

Our research results are based upon work supported by the National Science Foundation Small Business Technology Transfer (STTR) Program under Proposal/Grant No. 1010409. Any opinions, findings, and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the National Science Foundation.

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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