Corporate Update, April 2008 -- Enable IPC Corporation

To Our Fellow Shareholders

We have made some significant technical progress since our last update. Our microbattery results have
been promising and our ultracapacitor development has been better than expected.

As we begin our new fiscal year we hope to begin to capitalize on some of these results.

What We Do

Enable IPC (Intellectual Property Commercialization) acquires technologies from universities, national labs
and even individuals, and turns them into commercial products.

We are currently working on two projects: a microbattery (i.e., a very small battery built with tiny vertical rods
each 1/1000th the diameter of a human hair) and an ultracapacitor (a device similar to a battery but with
some major differences – the biggest being that it cannot generate its own power [it must be charged from
another source] and it can dump that charge much faster than a battery).

Microbattery Update

We began funding the University of Idaho to do work on our microbattery device with some encouraging
results. After weeks of work on nanowire fabrication on Si/SiO2 wafers (one of the keys to our patent-
pending technology), they have built a test fixture for a battery device. Some initial charge and discharge
curves are shown.

Ultracapacitor Update

Exclusive License

In December, we finalized an exclusive license for our ultracapacitor technology. In our negotiations, we
expanded the fields of use to include both consumer and industrial applications – this is huge for us
because it significantly expands the markets we can target.

A Million Cycles

"Cycles" refers to the number of times the ultracapacitor can charge and discharge.

Some Applications

We’ve also been in contact with a number of companies that have an interest in using our device in
several applications. Here are four examples:

Forward-Looking Statements:

This Corporate Update contains forward-looking statements, such as "believe" 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 Corporate Update.

The group at the university has been making nanowire
cathodes of MnO2 with lithium anodes. Initial test results
showed a very high specific capacity, which will be
discussed at the Nanotech 2008 Conference in May.

All this work is being done to meet a certain performance
goal for an existing requirement in the “smart” card industry.
Assuming things continue on this course, we believe we will
be able to meet these technical and economic requirements
and begin addressing an annual market that will eventually
result in sales of hundreds of millions of units per year.

Drone aircraft

We are exploring the idea of
placing our ultracapacitors in
the skin of drone aircraft. The
concept is that the aircraft
would use the ultracapacitors
instead of a heavier battery to
power a quiet electric engine.

The uses include military,
police and other activities.

Smart card

A "smart" card could be a
credit card with a microchip
inside.

An energy source -- a battery
or an ultracapacitor coupled
with some other power
source -- could power a small
display or turn the chip into an
active device. The
applications in the credit card
area include prevention of
certain forms of identity theft.
There are other applications
as well.

Consumer electronics

The consumer electronics
industry is loaded with
applications from power tools
to toys.

Our nanoparticle solution
could improve the
performance of devices
currently manufactured by
OEMs. We are actively
working in this area.

"Stackable" units

Creating units that can be
wired in series or parallel,
depending on the application,
enhances the versatility of the
device and opens it up to
many industrial and
renewable energy-related
applications.

Activities Since November

We have participated in a number of activities since November, all with the goal of attracting new investors to
the company:

Global Equities & Natural Resources Conference, New York

In December, company CEO David Walker, Board member Timothy Lambirth and investor and scientist
James Houts gave a presentation in New York to a group of brokers, investors, VCs and interested
individuals.

NMKT Town Hall Meeting, Dallas

In January, company CEO David Walker gave a brief presentation and introduction of Enable IPC at
NewMarket Technology’s Town Hall Meeting at the invitation of NewMarket’s CEO, Philip Verges, who is also
an Enable IPC Board member.

Small Business Conference III, New York

Also in January, Mr. Walker gave a presentation on the company at the Small Business Conference III in
New York. The event was co-sponsored by Flaherty Financial News and Alan Stone, LLC.

Winter Global Equities Conference, Las Vegas

In February, Mr. Walker and Mr. Lambirth gave a presentation in Las Vegas to a group of brokers, investors,
VCs and interested individuals.

Upcoming Activities and Events

It is our intention to hire a major PR firm to help get the word out about some of the activities we discussed
in this update, as well as some of the other activities and events that we plan to see coming down the line.
We've been very careful about who we select to help us.

So, we're making a conscious effort to choose a reputable firm with contacts in major publications that can
help us explain our company and its potential to a whole new audience.

Nanotech 2008, Boston

In June, we expect to present a technical update on the nanowire battery progress at the 11th annual
Nanotech Conference in Boston.   Dr. Sung H. Choi, the inventor of our nanowire technology, is scheduled to
present.

Advanced Capacitor World Summit, San Diego

In July, Professor Marc Anderson form the University of Wisconsin is scheduled to give a presentation on the
latest progress made on the ultracapacitor device. Dr. Anderson is the chair of the department where the
technology was invented.

Annual Meeting of Stockholders, Valencia

Our Annual Meeting of Stockholders is tentatively scheduled for August 15, 2008 in Valencia. In the coming
months we will announce the finalized date and details of the event.

In Conclusion

Again, thank you for your support. We hope these updates, along with our website and our SEC filings will
serve to keep you informed on our progress in a timely manner.