Contact Information: Investor relations: Rich Kaiser (800) 631-8127 ir@enableipc.com
Enable IPC Corporation's Subsidiary, SolRayo, Opens New Ultracapacitor Manufacturing Facility in Madison
MADISON, WI--(Marketwire - February 17, 2009) - Enable IPC Corporation's (PINKSHEETS : EIPC )
SolRayo (http://www.solrayo.com) subsidiary announced the opening of its
new facility in Madison, Wisconsin.
The new facility, part of a larger business park, was built out to
SolRayo's specifications and will house specialized equipment for the
development and manufacturing of the Company's nanoparticle-based
ultracapacitor electrodes. The facility, build out and equipment were
funded in part by a grant from the Wisconsin Energy Independence Fund
(WEIF) announced earlier.
"This move confirms SolRayo's commitment to advancing inexpensive
ultracapacitor electrode manufacturing for renewable energy applications in
Wisconsin," said SolRayo president, Dr. Mark Daugherty. "This move
reaffirms the partnership between SolRayo, its parent -- Enable IPC
Corporation -- and WEIF. All three share the same vision: to ultimately
create jobs and expand renewable energy opportunities, particularly in the
state of Wisconsin."
Dr. Daugherty remarked that the Company had previously utilized laboratory
space at the University of Wisconsin to develop its electrodes. The move
allows SolRayo to commence larger scale production of its electrodes, which
could not happen at the university.
Enable IPC previously announced a webinar hosted by SolRayo (the
presentation is available at
http://www.solrayo.com/SolRayo/Renewable_Energy_Slides.html#0) and a status
update of each of its technologies, available at
http://www.enableipc.com/status
About Enable IPC Corporation
Enable IPC provides efficient, streamlined strategies for turning
technologies into products and bringing them to market. Enable IPC's
growing portfolio currently includes the exclusive rights to two
break-through energy technologies: a nanoparticle-based ultracapacitor and
a nanowire-based microbattery. These technologies address a combined
market estimated to grow to over $3 billion by 2012. For more information,
please visit http://www.enableipc.com.
About SolRayo
SolRayo creates and develops innovative, environmentally friendly
technologies that have the ability to change the way the world utilizes its
energy resources. It is currently developing an ultracapacitor that
improves the storage, delivery and usage of energy.
Forward-Looking Statements
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"should," "targeted" and similar terminology, which 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.