Enable IPC, University of Wisconsin Finalize Exclusive License
Expands Fields of Use for Both Consumer and Industrial Applications
VALENCIA, Calif. – December 13, 2007 – Enable IPC Corporation (OTCBB: EIPC) announced today that it
has completed and signed the final license agreement with the University of Wisconsin, securing the
ultracapacitor technology for the useful life of the patent.
This license formalizes the relationship that began with the License Option Agreement, announced on May 3,
2007, which gave Enable IPC the option to license the ultracapacitor technology, for consumer applications
only, after an evaluation period. The final license expands the fields of use to include all industrial
applications as well.
“The license grants us the exclusive right to develop, make, have made, sub-license, market and sell
products based on the ultracapacitor technology,” said David Walker, CEO of Enable IPC. “We have taken
some giant steps in the development of this technology over the past several months, and have seen some
major performance improvements. Securing the technology exclusively, securing it for both consumer and
industrial fields of use, and securing it for the useful life of the patent should give us a huge advantage as we
go to market.”
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interested investors, please send an e-mail to ir@enableipc.com.
About Enable IPC Corp. (Intellectual Property Commercialization)
(www.enableipc.com)
Enable IPC Corporation is developing power devices using advances in thin films and nanotechnology. Our
products include microbatteries for very low power applications (utilizing nanowires as small as 1/1000th the
diameter of a human hair) and ultracapacitors for a wide range of power applications (utilizing nanoparticles
on carbon). These complimentary products will be ideal for use in a variety of applications. The microbattery
is targeted for use in healthcare products, RFID tags, smart cards and many other applications while the
ultracapacitor is to be used in consumer electronics.
Forward-Looking Statements
This release contains forward-looking statements, such as "believes", "expected", “targeted” and similar
terminology, which are made pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. These forward-looking statements involve risks and uncertainties which could cause
actual results that the Company achieves to differ materially from any of the forward-looking statements.
Such risks and uncertainties, include, but are not limited to, the following: the timely development and market
acceptance of products and technologies, the ability to secure additional sources of financing, the difficulties
in forecasting results from development efforts, difficulties in accurately estimating market growth, the impact
of changing economic conditions, business conditions in the microbattery industry and others identified in
our Annual Report on Form 10-KSB, as amended, and other Securities and Exchange Commission filings.
The company undertakes no obligations to revise or update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of this release.
Contact:
Enable IPC Corporation
Rich Kaiser, 800-631-8127 (Investor Relations)
ir@enableipc.com
www.enableipc.com |
