Enable IPC Corporation, Developer of a New Generation Microbattery, Begins Trading on the OTCBB
VALENCIA, Calif.--(BUSINESS WIRE)--Enable IPC Corporation (OTCBB:EIPC), a developer of a new generation microbattery, announced today that it commenced trading on the Over-the-Counter Bulletin Board (OTCBB) on January 8, 2007 under the stock symbol EIPC. The company completed all necessary filings and received clearance from both the Securities Exchange Commission (SEC) and National Association of Securities Dealers (NASD).
“Our product lines will be well-situated to take advantage of that growth. It is our expectation that our OTCBB listing will allow others who share a similar vision to buy in.”
Founded in March 2005, Enable IPC has a patent application on a proprietary concept that combines thin film manufacture with nanotechnology to produce a microbattery that the Company believes will significantly out perform comparable products and revolutionize the microbattery industry. The Company’s product is expected to be smaller, cheaper, lasts longer, and more environmentally friendly than comparable existing products. The microbattery is ideal for use in multiple applications including healthcare products, RFID tags, and smart cards.
"We are aiming our product lines at a microbattery market that has been estimated to grow to over $3 billion in the next six years," said David Walker, CEO of Enable IPC Corporation. "Our product lines will be well-situated to take advantage of that growth. It is our expectation that our OTCBB listing will allow others who share a similar vision to buy in."
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About Enable IPC (Intellectual Property Commercialization)
Enable IPC Corporation is engaged in the development of a new battery technology that combines the best of thin films and nanotechnology. Enable IPC’s plan is to use these breakthroughs to manufacture batteries on microscopically thin film, which is expected to be smaller, cheaper, lasts longer, and more environmentally friendly than comparable existing products.
Forward-Looking Statements: This release contains forward-looking statements, 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, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, the difficulties in forecasting future sales caused by current economic and market conditions, the effect of military actions on government and corporate spending on technology products, spending patterns of, and appropriations to, U.S. government departments, the highly competitive market for our products, the effects of sales and implementation cycles for our products on our quarterly results, difficulties in accurately estimating market growth, the impact of changing economic conditions, and business conditions in the technology industry, the impact of market peers and their products as well as risks concerning future technology 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.