Enable IPC Issues Update on Its Third Consecutive Profitable Quarter, New RFID Products, the UWAMIC's Annual Meeting and the ...
25 Septiembre 2012 - 8:00AM
Marketwired
Enable IPC Corporation (PINKSHEETS: EIPC) today issued an update to
stockholders and interested parties regarding its quarterly
financial report for the period ending September 30, 2012
discussing what the Company expects will be its third consecutive
profitable quarter. The Company also provided updates on its
nanoparticle solution for lithium ion battery cathodes, two new
RFID-related products to be introduced in the coming months and the
upcoming Energy Summit 2012.
Enable IPC Expects a Third Consecutive
Profitable Quarter
As Enable IPC continues efforts to develop and commercialize its
S/Cap® RFID tag product line, AAO nanopore templates,
ultracapacitors and lithium ion battery cathode coating
technologies, the Company expects to post its third consecutive
profitable quarter, which will end September 30, 2012. Financial
results are due to be announced formally on or before November 14,
2012. With continued product and technology development, the
Company expects steady growth to continue.
NSF Program Update
After successfully completing a Phase I grant, Enable IPC's
subsidiary SolRayo was awarded a Phase II National Science
Foundation (NSF) Small Business Technology Transfer grant in order
to commercialize the Company's nanoparticle solution which has been
shown to enhance the performance of lithium ion batteries.
"It should be understood that, according to the NSF, only 3% of
the proposals it receives during the initial cycle get funded at
this level," said Dr. Mark Daugherty, SolRayo's CEO. "To me, this
is not only a validation of the technology, but also of SolRayo's
and Enable's proven ability to successfully commercialize
products."
Enable IPC to Release Additional RFID-Based
Products
The Company expects to release two additional RFID-based
products near the end of the year. While details will not be
announced for some time, the Company has indicated that these new
products will expand the Company's reach into additional
RFID-related markets.
University of Wisconsin's Advanced Materials
Consortium's Annual Meeting
Enable IPC/SolRayo's Director of Battery R&D, Dr. Walter
Zeltner, will be speaking at the University of Wisconsin's Advanced
Materials Industrial Consortium's (UWAMIC) annual meeting on
October 11th. Dr. Zeltner's lecture will be on "Energy Through
Nanotechnology" and will be held on campus at the University of
Wisconsin, Madison's School of Engineering. SolRayo is a member of
the UWAMIC which facilitates technology transfer, information
exchange and interaction between the University and the
Consortium's commercial partners.
Energy Summit 2012
Enable IPC/SolRayo's David Walker will be one of four panelists
discussing the topic of "Ideas to Marketplace" at the Energy Summit
2012 at the Monona Terrace in Madison, Wisconsin on October 30th.
Mr. Walker was invited to discuss the process of getting innovative
energy ideas to the marketplace -- from basic research to start-up
businesses to established commercial entities. The discussion will
center around what it takes to start and expand a company which
intends to provide solutions for a more sustainable use of energy.
Summit organizers consider SolRayo a perfect example of this
process and have invited Mr. Walker to discuss his experiences in
going from the lab to a growing company.
Since 2008, the Wisconsin Bioenergy Initiative (WBI) at the
University of Wisconsin-Madison has hosted this annual Energy
Summit in order to engage and connect bioenergy stakeholders, the
general public and students with research and development updates.
Early bird registration ($39 for the general public) ends October
19th. Additional information about the Summit can be found here:
http://www.energy.wisc.edu/news-events/energy-summit-2012/
Follow Enable IPC:
To keep up to date with Enable IPC, please follow the Company
via any of the following sites: Enable IPC Website:
http://www.enableipc.com Enable IPC Blog:
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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
"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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