Enable IPC Promoted to “Current Information” Tier on Pink OTC Markets
August 17, 2010 - Madison, WI - Enable IPC Corporation (Pinksheets: EIPC) announced today that the Company has been promoted to the "Current Information" status tier on the Pink OTC Markets. The Company has filed the necessary filings with Pink OTC Markets to provide investors with information on Enable IPC's technologies, assets, facilities, management and other resources, as well as a complete business plan and description. The filed reports also discuss industry competition and other risks to the Company's business, as well as plans for confronting these challenges.
David Walker, CEO of Enable IPC Corporation, said, "We are pleased to now provide investors up-to-date information on Enable IPC under the Pink OTC marketplace guidelines. In 2009 Pink Sheets Current Information securities traded an average of $43,282,661 per security annually and accounted for nearly 70% of the market's total dollar volume. This is a significant improvement over the roughly $743,000 annual average of "No Information" tier companies which EIPC was before the upgrade.
"We are also excited about our significant progress this year in the development of our energy storage devices and recent award from the National Science Foundation SBIR/STTR Program. The advancement of our technologies coupled with now available business and financial information validates our business plan and improves the Company's standing in the marketplace. We look forward to providing more information on the Company's technologies and revenue objectives in the near future."
Investors interested in learning more about Enable IPC's technology development and product offerings can visit the corporate website at www.enableipc.com and the Pink OTC Markets website www.otcmarkets.com and search on EIPC.
Pink OTC Markets, Inc. operates the leading electronic quotation, trading and messaging system in the U.S. over-the-counter (OTC) securities market. Through its quotation, trading, and information platforms, Pink OTC Markets provides technology services and information products that efficiently connect market participants, improve price discovery, increase issuer disclosure and better inform investors.
Enable IPC Subsidiary, SolRayo, Awarded STTR Grant
Enable IPC recently announced that its subsidiary, SolRayo, Inc., had been awarded a $149,935 Phase I Small Business Technology Transfer (STTR) grant from the National Science Foundation (NSF) SBIR/STTR Program to conduct research into "Using Nanoparticle Oxide Coatings to Increase Cycle Life of Cathode Materials for Li-Ion Batteries." The work is being performed under the guidance of Dr. Walter Zeltner, who is SolRayo's Director of Battery Research. Dr. Zeltner is serving as principal investigator.
National Instruments Case Study
National Instruments recently published a case study on its website describing SolRayo's use of trusted NI modular instrumentation and NI LabVIEW software to create a sophisticated, multi-featured electrochemical test system (ETS) potentiostat. The SolRayo ETS automates performance characterization of energy storage devices to speed prototyping of next generation battery, capacitor, and fuel cell technologies. The case study can be found at: http://www.ni.com/solrayo.
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 is a transparent, fair turnkey partner for sub-licensing and joint development with other companies.
This release may contain forward-looking statements, such as "could," "suggests" 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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