Enable IPC Issues Update on National Science Foundation Project, New Board Member Dan Finch and S/Cap RFID Tag(R) Products
December 22 2011 - 9:00AM
Marketwired
Enable IPC Corporation (PINKSHEETS: EIPC) today issued an update to
shareholders and interested parties regarding its National Science
Foundation Phase II Proposal for funding testing of its lithium-ion
battery nanoparticulate technology, a new addition to the board of
directors, Dan Finch, and updates on the S/Cap RFID Tag®.
NSF Phase II Proposal Enable IPC has
completed its proposal for Phase II funding from the National
Science Foundation's STTR program. The Company expects to receive
word in the next few weeks and, if the project is approved, the NSF
will provide Enable IPC's subsidiary SolRayo, Inc., an additional
$500,000 in funding for two years to commercialize the Company's
nanoparticulate-based lithium-ion battery performance boosting
technology. The promising new technology has been shown to decrease
the degradation of battery cathode materials, especially at higher
temperatures. This could provide the lithium-ion battery industry
with an inexpensive solution to significantly increased battery
life.
Daniel W. Finch Joins the Board of
Directors Dan Finch has joined Enable IPC's Board of
Directors. Most recently Dan served as President and CEO of
Advanced ID Corporation, a technology company focused on RFID Tags
for livestock and tire tracking as well as universal ultra-high
frequency (UHF) RFID Readers. He currently serves as Chief
Operating Officer for Revolutionary Tracker, a people tracking
start-up company based in New York and is a principal with Americas
Technologies Solutions, a US-based RFID corporation with sales
primarily in South America.
Dan has a long history of successfully managing growing
companies including serving as President of Westell, a
Chicago-based firm, which he led from startup to $18 million
revenue per year. He also served as President of C-COR electronics,
leading the company from $65 million to $136 million in annual
sales within 3 years. In addition, he started an executive search
firm in Dallas, Texas which reached $1 million in annual fees.
Dan holds a BS in Physics from the Indiana Institute of
Technology and an MBA in Economics and Corporate Finance from the
University of Chicago.
S/Cap® RFID Tag Updates Enable IPC's S/Cap
RFID Tags® are currently being evaluated by companies with
applications in areas such as forestry, utilities, airlines,
railroads and outdoor signs. The initial on-metal version of the
S/Cap RFID Tag® has been completed and successfully tested and is
now being designed with a new, slimmer profile and smaller
footprint. Companies within the RFID industry have expressed
interest in the S/Cap RFID Tags® especially due to their longevity.
S/Cap RFID Tags® can provide the effectiveness of a battery-powered
tag without concerns regarding having to replace the tag when the
battery dies. Look for Enable IPC to provide further updates on its
S/Cap RFID Tag® in the coming weeks.
Blog Article Series on Intellectual Property
and Patents Currently being published on the Enable IPC Blog
is a series of articles about Intellectual Property and Patents.
Previously published articles examined topics such as the Patent
Process, Licensing, and Exclusivity. More articles on Intellectual
Property and Patents are planned, as well as further articles on
RFID, and a new article series discussing Nanotechnology and Small
Business. Continue checking http://enableipc.blogspot.com/ for new
blog posts.
Happy Holidays from Enable IPC As 2011
draws to a close, it is nice to take a brief moment to reflect on
what was an exciting year for Enable IPC. The Company successfully
completed Phase I research of its National Science Foundation STTR
Grant for its lithium-ion battery life technology and completed its
application for Phase II. The Company developed and brought to
market its unique S/Cap RFID Tag® which was featured in an article
by RFID Journal (found here
http://www.rfidjournal.com/article/view/8565), a major industry
trade site, and the Company recently announced new products on the
way in the form of a complete line of RFID tags, Enable IPC
ultracapacitors, and AAO nanopore templates.
As exciting as 2011 was, we look toward 2012 as a breakthrough
year for Enable IPC and in that spirit, want to wish you all Happy
Holidays and an equally exciting new year!
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.
Enable IPC Website: http://www.enableipc.com Enable IPC Blog:
http://enableipc.blogspot.com/ Enable IPC on YouTube:
http://www.youtube.com/enableipc Enable IPC on Twitter:
http://www.twitter.com/enableipc Enable IPC on Facebook:
http://www.facebook.com/pages/Enable-IPC/140064176054394
Forward-Looking Statements This release
may contain forward-looking statements, such as "plans," "expects,"
"believes" 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.
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Contact: Product and distribution inquiries: David Walker Email
Contact (661) 347-0607 or Daniel Finch (262) 948-1868 Investor
Relations: Rich Kaiser (800) 631-8127 Email Contact
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