Archive for September, 2008

Enable IPC Acquires Leading Wisconsin Ultracapacitor Technology Developer SolRayo

VALENCIA, Calif. – Sept. 30, 2008 – Enable IPC Corp. (OTC BB: 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.

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.

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Forward-Looking Statements

This release contains forward-looking statements, such as “believes”, “expected”, “targeted” and similar terminology, 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, the ability to secure additional sources of financing, the difficulties in forecasting results from development efforts, difficulties in accurately estimating market growth, the impact of changing economic conditions, business conditions in the microbattery industry 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.

Equity Risk Partners Re-Launches New York Office, Expands Employee Benefits Consulting Practice

Leading Insurance Brokerage Firm for Private Equity Industry Taps Three Renowned Experts to Run New York Office and Implement National Expansion of Employee Benefits Practice

NEW YORK and SAN FRANCISCO – Sept. 29, 2008 – Equity Risk Partners, Inc. (ERP), the only full service insurance brokerage and consulting firm focused exclusively on the private equity industry, has opened the doors to its new Manhattan office in conjunction with a major national expansion of its Employee Benefits Practice.  The new office better positions Equity Risk Partners to provide private equity firms and their portfolio companies on the east coast with more convenient access to the firm’s cost effective insurance solutions, inventive product and financing alternatives and exclusive customer support.

“Private equity firms and portfolio companies across the country rely on hands-on insurance and risk management services, like those provided by Equity Risk Partners, to help them mitigate risk and meet their investment objectives,” said Michael Marcon, founder and CEO, Equity Risk Partners, Inc.  “New York has historically had one of the most robust private equity communities, and our new strategic foothold in Manhattan affords local firms our immediate contact and support.  At the same time, our Employee Benefits Practice national expansion vastly enhances Equity Risk Partners’ ability to provide our partners coast-to-coast with cost effective plans that align seamlessly with their strategic business objectives.”

Equity Risk Partners’ Employee Benefits Practice provides thoughtful due diligence and creates custom, cost effective employee benefit programs for each of the firm’s partners, aligned with strategic and financial objectives.  Each program incorporates a unique six-point process that includes strategic planning, financial management and renewal analysis, plan design analysis, vendor management, employee communications and compliance support.

To operate the New York Office, Equity Risk Partners has hired industry veterans Ken Ambos, John Hill and Maureen McGurk-Denley.  The three senior executives each have extensive employee benefits experience.

Ken Ambos will spearhead the national expansion of the company’s Employee Benefits Practice as ERP’s new senior managing director/national employee benefits practice leader.  Prior to joining ERP, Ken served as the executive vice president/regional benefits practice leader for Hilb Rogal & Hobbs (HRH) in New York.

John Hill joins ERP as director of employee benefits consulting, and is responsible for managing the New York and Chicago offices’ benefits practices.  John joins ERP from HRH, where he was the senior vice president in their New York Employee Benefits operation.

Maureen McGurk-Denley brings extensive benefits consulting experience to her new role as senior principal in ERP’s New York office.  Prior to joining ERP, Maureen was senior employee benefits consultant at HRH in New York.

Equity Risk Partner’s re-launched New York offices are located in the heart of Manhattan at 300 Park Avenue, Suite 1700, New York, NY 10022, and the phone number is (212) 572-6245.

About Equity Risk Partners

Equity Risk Partners is the only insurance brokerage, employee benefits and risk management consulting firm focused exclusively on the needs of the private equity industry and its portfolio companies.  Founded in 2001, the company is dedicated to improving the efficiency, structure and return of private equity transactions through consistent and timely due diligence.  Combining extensive industry experience with a dedication to excellence, they deliver creative, cost effective insurance solutions, as well as innovative product and financing alternatives.  Headquartered in San Francisco, Equity Risk Partners has a nationwide presence with additional offices in New York and Chicago.  More information is available at http://www.equityriskpartners.com/.

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