SOURCE: Enable Intellectual Property Commercialization
December 07, 2009 09:00 ET
Enable IPC Update to Shareholders: Company to Offer Potentiostats Priced From $10,000 - $90,000 Beginning Early 2010
VALENCIA, CA--(Marketwire - December 7, 2009) - Enable IPC Corporation (PINKSHEETS: EIPC)
today issued an update to shareholders and interested parties, focusing on
the new potentiostat product line being introduced next month by the
Company's subsidiary, SolRayo, Inc. The Company's most recent press
releases have been focused on the roll-out of this new product. The
update, which is included below, discusses the potentiostat product,
features, development and when and how to purchase it.
Enable IPC Shareholder Update
About the Enable IPC/SolRayo Potentiostat
Beginning next month, and continuing over the next two to three years,
Enable IPC/SolRayo expects to sell between 70 and 100 potentiostat systems,
each ranging in price from about $10,000 for a basic unit to approximately
$90,000 for the top of the line model. The Company has priced its units to
compete favorably with commercially-available systems.
These systems are essential in energy storage device research,
characterization and other applications. The Company expects to be a part
of a significant increase in global demand for potentiostat systems.
The Company has developed more user-friendly models than those currently
available by including additional features it has found useful in its own
experience with the systems.
What is a potentiostat?
A potentiostat is a piece of equipment used in a wide range of
electrochemistry applications. Today, the term "potentiostat" is often used
in reference to equipment that performs the functions of a potentiostat,
galvanostat, and sometimes an impedance analyzer as well.
-- A potentiostat is used to apply voltage to a system and measure the
current
-- A galvanostat supplies current and measures the voltage
-- An impedance analyzer applies a high frequency wave and measures the
shift between current and voltage to determine impedance (resistance).
The systems are used to test batteries, capacitors, fuel cells, solar
devices and sensors, as well as characterize corrosion levels and
electroplating. For example, when testing a capacitor with the Company's
new system, the researcher can simply connect the capacitor to the
potentiostat and type in the parameters of the test -- the charge/discharge
parameters, the number of cycles, the length of time to discharge, the
interval between charges and discharges, etc. The researcher can then do
other things while the system conducts the test and records all the data.
Multiple devices can be tested at the same time, depending on the number of
channels on the system. One unique feature on Enable IPC's devices is that
the researcher can be notified when the test has begun, is complete or if a
problem has arisen (details on this and other features will be released in
the coming weeks).
Enable's systems will have accuracy and resolution ranges comparable to
those produced by competitors, with options to include "electrochemical
impedance spectroscopy" (or EIS) and low current alternatives.
How did this come about?
In 2008, when SolRayo was first notified about the Wisconsin Energy
Independence Fund award, the Company needed to acquire a potentiostat
system. For economic reasons, and to include features he felt would be
desirable, Kevin Leonard (SolRayo's CTO) designed and built a system for
the Company's use, rather than purchase a commercially-available unit. In
doing so, he wrote a unique and very user-friendly software program with a
number of appealing features that provide all the data streams and
information required and expected by potentiostat users. He also included
some features that, to the best of our knowledge, are simply not available
from traditional potentiostat suppliers.
After several months of use, the Company decided to make the same system
available to others in the field. The system has been examined and used by
a number of outside electrochemists with very positive feedback and in turn
the Company has decided to make the units available for purchase.
Enable IPC stands for "Intellectual Property Commercialization" -- we turn
technologies and ideas into products. This system is a prime example of
what we do. The software is unique, the system has a range of flexibility
and all the options that users would require and expect.
The full product introduction is slated to begin in January 2010. Systems
may be purchased by contacting SolRayo. Initial details on the product can
be found on the SolRayo website at http://instruments.solrayo.com. Full
data sheets will be published soon.
About SolRayo, Inc.
SolRayo, Inc. is a Madison, Wisconsin-based company set up to commercialize
an ultracapacitor technology licensed from the University of Wisconsin. In
addition, the Company will begin selling its potentiostat/galvanostat
equipment lines in January 2010. SolRayo is a subsidiary of Enable IPC
Corporation.
About Enable IPC Corp. (Intellectual Property Commercialization)
Enable IPC 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 -- a microbattery and an ultracapacitor. The company seeks to
turn technologies into products and is a transparent, fair turnkey partner
for sub-licensing and joint development with other companies.
Forward-Looking Statements
This release may contain forward-looking statements, such as "estimated,"
"could," "should" 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.