Major Partnership with Spanish Government Highlights Enable IPC's Annual Stockholders Meeting
2008年8月19日 - 11:25PM
ビジネスワイヤ(英語)
Celebrating a successful year highlighted by reaching a major
milestone with the first commercial use of its breakthrough
ultracapacitor nanotechnology, Enable IPC Corp. (OTCBB: EIPC), a
leading company that turns technologies into products and
successfully brings them to market, announced that it has concluded
its annual stockholders meeting. The ultracapacitor partnership
marked a major validation of Enable IPC�s ultracapacitor
technology, as the company partnered with the Madrid, Spain-based
IMDEA Energy Institute to jointly develop ultracapacitors based on
Enable IPC�s patent-pending energy technology. The initial project,
for which Enable IPC will receive $69,000, consisted of
incorporating the company�s ultracapacitor technology into the
SA2VE clean energy innovation program. The SA2VE program is a
strategic national research and development initiative spearheaded
by the Spanish government, focusing on enhanced electricity storage
for applications in renewable energy integration, transport sectors
and households. �We are excited by the relationship with IMDEA
Energy because this initial project to use our ultracapacitor
technology could easily be the first of many projects with them and
the Spanish Government,� said David Walker, CEO, Enable IPC Corp.
�There are many great uses for our ultracapacitor and microbattery
technologies, from consumer electronics to military applications.
Having IMDEA use the ultracapacitors for a clean energy commercial
initiative opens up several new opportunities for Enable IPC both
in the U.S. and internationally.� Delivering a keynote presentation
to the stockholders, Kevin Leonard, co-inventor of the
ultracapacitor technology, detailed upcoming expansions for the
technology, including potential partnerships with the U.S.
Government and additional commercial applications. Dr. Sung Choi
spoke about the progress he and his team had made in the
development of the company�s microbattery technology. Dr. Choi
reported that the initial customers� specifications had been met in
the lab, and that the company is now close to finalizing the
product. The meeting also included Timothy Lambirth and Philip
Verges, CEO, NewMarket Technologies (OTCBB: NMKT), both being
re-elected as Board members for three-year terms. The accounting
firm of L.L. Bradford & Co. was also ratified as the company�s
auditors for the coming fiscal year. About Enable IPC Enable IPC
(OTCBB: EIPC) provides efficient, streamlined strategies for
turning technologies into products and bringing them to market.
Though not limited to nanotechnology or the energy industries,
Enable IPC�s growing portfolio currently includes the exclusive
rights to two break-through energy technologies. The company seeks
to turn technologies into products and is a transparent, fair
turnkey partner for sub-licensing and joint development with other
companies. For more information, please visit www.enableipc.com.
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.
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