New Contract from an Ambitious R&D Program Funded by Spain’s Administration to Address Local and International Energy Solutions

Marking a major milestone with the first commercial use of its breakthrough ultracapacitor nanotechnology, Enable IPC Corp. (OTCBB:EIPC), a leading company for turning technologies into products and successfully bringing them to market, today announced that it has 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 this venture will be to incorporate Enable IPC’s ultracapacitor into the SA2VE clean energy innovation program.

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.

“Our partnership with IMDEA Energy marks a major validation of Enable IPC’s ultracapacitor technology by a renowned international organization,” said David Walker, CEO, Enable IPC. “Partnering with IMDEA Energy solidifies our standing as a leading company with cutting-edge energy technologies. We are excited by this unique opportunity to help develop clean energy devices that could be a part of the solution to the world’s energy problems, and hope it marks the first of many collaborations with IMDEA Energy.”

The IMDEA Energy Institute develops energy-related Research and Development (R&D) with an emphasis on renewable energy and clean energy technologies to achieve outstanding scientific and technological contributions that create a sustainable energy system. Together with the SA2VE, a strategic national research and development program in Spain focusing on electricity storage for applications in renewable energy integration, transport sectors and households, the organizations seek innovative, state-of-the-art technologies to address energy issues locally in Spain, as well as worldwide.