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Enable IPC Issues Update on Company's Renewable Energy Technologies Focusing on the American Recovery and Reinvestment Act and President Obama's New Energy for America Plan
Thursday, March 19, 2009 9:29 AM


VALENCIA, CA -- (Marketwire) -- 03/19/09 -- Enable IPC Corporation (PINKSHEETS: EIPC) today released an update detailing its activities relating to the emerging opportunities in renewable energy expansion, initially as a result of the American Recovery and Reinvestment Act. In the Act, $41.4 billion has been marked for various energy related programs at the federal, state and local levels. The company has established relationships, both in Washington and locally, to pursue these funds to accelerate the implementation of its devices in renewable energy applications.

The United States is making a major and unprecedented push toward the widespread use of renewable energy. President Obama's New Energy for America plan contains a stated goal of investing $150 billion over the next 10 years to establish renewable energy in America. The general purposes of this effort are threefold: to help mitigate climate change, to lessen the country's dependence on foreign oil and to help address the current economic crisis.

How Enable IPC Fits In

Solar and wind energy solutions are in high demand. However, sometimes there are cloudy days and sometimes the wind does not blow. Renewable energy is intermittent, and that presents problems for the energy grid itself. Some kind of economical energy storage will need to be utilized to level the load. Batteries can do it, but are expensive and degrade quickly. This is one of the roadblocks to the use of widespread renewable energy in the United States.

Enable IPC's ultracapacitor technology is an advanced and economical way to address that problem. The Company's proprietary technology can lower the cost of ultracapacitors and provide a more reliable way to store the energy and stabilize the grid. Enable IPC's technology is less expensive than batteries and can be recharged hundreds of times more than batteries. Technical details on these issues and the Company's solutions can be found here: http://www.solrayo.com/SolRayo/Ultracapacitor/Entries/2009/2/2_Ultracapacitors_for_Renewable_Energy_Storage.html

Renewable Energy Opportunities

While a lot of the details are still being worked out, the Act specifies that a significant amount of money will be spent to boost the implementation of renewable energy in the United States.

Enable IPC has a solution for renewable energy roadblocks that the Company believes are technically viable and economical; the state of Wisconsin apparently agrees, as evidenced by the $250,000 grant awarded the Company last October. Additional funding should help Enable IPC standardize and make this technology available for wind and solar applications across the country.



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