Press Release

Enable IPC Issues Update to Shareholders on the Company's RFID Tag

 

VALENCIA, CA - March 15, 2011 - Enable IPC Corporation (PINKSHEETS: EIPC) today issued an update to shareholders and interested parties on recent developments regarding the Company's previously announced RFID agreement, including a manufacturing arrangement and increased revenue expectations. The Company also released details on its expected robust RFID tag as well as additional potential applications which would take advantage of the tag's unique characteristics. The schedule calls for samples to be ready next month with products available for sale in June.

Enable IPC Expands its Role in RFID

Enable IPC has reached a marketing and distribution agreement that will serve to expand the Company's role in a previously announced RFID agreement. Enable IPC will now manage and oversee the manufacturing of a new, rugged and state of the art RF ID tag that utilizes ultracapacitors provided by Enable and other novel devices.

Additionally, the confidential partner company discussed in the previously announced agreement will use its substantial experience in marketing and selling RFID systems to serve as the primary marketer and distributor of Enable's RFID tags. The value of the agreement for Enable IPC is also expected to increase substantially from the $4.5 million, three-year agreement previously announced.

"Our schedule calls for the first product samples to be available in 4 to 5 weeks," said David Walker, CEO of Enable IPC. "Final prototypes will follow and production units are expected to be available for sale in late May or early June."

RFID tags are devices that transmit data over radio frequencies. They are used in dozens of applications and the market for these devices has been estimated by a third party market researcher at nearly $6 billion in 2010, growing to over $8 billion by 2014.

Additional details are expected to be released in the coming weeks.

Product Details Revealed

The Company has issued new information regarding the RFID tag's expected characteristics. The final product is expected to be unlike anything currently available on the market. The tag will utilize Enable's ultracapacitors (along with some additional novel devices) which are expected to substantially improve the range at which the tags can be read. In addition, the tags will be designed to be rugged and durable, and are expected to last longer than many of the items they will be used to track. The tag is also designed to be high-end, with performance characteristics and tracking distances expected to exceed those in its product category. The tags will also be re-usable and will likely be offered with an attractive long-term warranty.

RFID's Many Uses

In addition to livestock tracking, as mentioned in previous releases, a product with the characteristics of Enable IPC's tag is especially fitting for outdoor applications that can take advantage of its robust nature. Some examples include use for oil rigs (both for asset and personnel tracking), transportation, pallet and container tracking, sports (runners, etc.), equipment tracking, forestry identification processes, aerospace, and particular applications for the largest user of RFID, the U. S. Department of Defense.

Enable IPC's Expanded Communication Channels

Enable IPC has recently taken on the challenge of expanding its communication channels, primarily through the use of social media. As a part of this effort, the Company has improved its website, redesigning it for a sleeker, cleaner look and improved user interface. Enable IPC's website is located at: http://www.enableipc.com. In addition, Enable IPC has recently added a YouTube channel, Facebook page and Twitter as part of its communications effort. Followers of the Company can now receive updated information on a more regular basis as well as data on the items of interest to the Company. Enable IPC's YouTube channel is located at: http://www.youtube.com/enableipc. To follow Enable IPC on Twitter, go to: http://www.twitter.com/enableipc. To view the company's Facebook page, go to: http://www.facebook.com/pages/Enable-IPC/140064176054394.

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

 

 
   
     
 

© 2005-2011, Enable IPC Corporation