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Enable IPC
Acquires Leading Wisconsin Ultracapacitor Technology
Developer SolRayo
Other Topics:
Military Nano Materials,
Nanotechnology and Regulatory Issues
Business Wire
September 30, 2008
VALENCIA, Calif. - Enable IPC Corp. (OTCBB:EIPC.OB), a
leading company for turning technologies into products and
successfully bringing them to market, today announced that
it has acquired a controlling interest in SolRayo LLC, an
established Wisconsin technology company that develops
ultracapacitor technology for improving the storage,
delivery and usage of energy. |
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The SolRayo acquisition is in exchange for in kind
contributions from a major grant to be announced shortly.
SolRayo is an established Wisconsin company founded by the
same scientists who developed Enable IPC’s patent-pending
ultracapacitor technology. The company is currently
developing new nanoparticle-based ultracapacitors for
potential uses in various industrial, consumer and
automotive applications.
“This acquisition is a great opportunity for both Enable IPC
and SolRayo to realize our shared goals of creating
nanotechnology-based enhanced ultracapacitors to support
clean energy technologies,” said Dr. Mark Daugherty, CTO,
Enable IPC. “We are very excited to incorporate SolRayo’s
exceptional talents into our company and have the
opportunity to work with the researchers who know the
technology best. Their new ultracapacitor materials hold
great potential for improving performance, as well as
lowering the cost of ultracapacitors.”
Dr. Daugherty will serve as the new SolRayo President,
having previously served as CEO of Virent Technologies.
SolRayo’s co-founder, Kevin Leonard, will stay on as Chief
Technology Officer.
“We look forward to working with the incredible people at
Enable IPC,” said Mr. Leonard. “This development will
provide us with the resources to continue the vital work of
improving ultracapacitors and assisting in the worldwide
energy crisis.”
Enable IPC’s ultracapacitor technology combines
nanoparticles with common carbon sheets for a low cost,
easy-to-implement technology that improves the performance
of ultracapacitors so they can function as clean energy
storage devices. The enhanced ultracapacitors are simpler,
cheaper and longer lasting than some conventional batteries,
but perform just as well in many applications.
About Enable IPC
Enable IPC (OTC BB: EIPC.OB) 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.
About SolRayo
SolRayo is a Madison,
Wis.-based company whose mission is to create innovative,
environmentally friendly technologies that change the way
the world utilizes its energy. SolRayo’s management team has
extensive experience in scientific research and development,
and detailed knowledge of nanotechnology, electrochemistry,
chemical engineering, environmental chemistry, water
chemistry and mechanical engineering. The company is
dedicated to developing ultracapacitors for improving the
storage, delivery and usage of energy. Additional
information is available at www.solrayo.com. |
