Enable IPC's SolRayo Begins Work on STTR Program Grant From the National Science Foundation (NSF) SBIR/STTR Program
12 July 2010 - 11:00PM
Marketwired
Enable IPC Corporation (PINKSHEETS: EIPC) announced today that its
subsidiary, SolRayo, has commenced work on its recently awarded
STTR grant from the National Science Foundation (NSF) SBIR/STTR
Program. The work will continue through June 30, 2011 and is being
performed under the guidance of SolRayo's Director of Battery
R&D, Dr. Walter Zeltner and in collaboration with the
University of Wisconsin. SolRayo is developing new
nanoparticle-based materials for commercial use in various
renewable energy, industrial, consumer and automotive applications.
The objective of the awarded grant is to address an issue
concerning the degradation of performance of certain lithium
batteries, particularly in high temperature applications.
SolRayo CEO Dr. Mark Daugherty said, "Our research into this
technology suggests that battery life can be significantly expanded
by using a simple, inexpensive nanoparticle coating process we have
been developing. This could mean a large market opportunity for us
in a number of areas, most particularly in military, remote power
and transportation applications."
Kevin Leonard, Chief Technology Officer at SolRayo, commented,
"Our initial research shows that our process inhibits the
degradation of battery cathode materials, especially at higher
operating temperatures. This means that a battery's life could be
extended significantly by applying an inexpensive, nano-based
coating to one of the battery's key components."
Disclaimer
SolRayo's research results are based upon work supported by the
National Science Foundation Small Business Technology Transfer
(STTR) Program under Proposal/Grant No. 1010409. Any opinions,
findings, and conclusions or recommendations expressed in this
press release are those of the author(s) and do not necessarily
reflect the views of the National Science Foundation.
About the National Science Foundation Small
Business Technology Transfer (STTR) Program
The NSF is a federal agency whose mission is to support for all
fields of fundamental science and engineering, except for medical
sciences. This important agency was established by Congress in 1950
and they are responsible to keep the US in a leadership position in
these scientific fields. More about the NSF can be found at their
website: http://www.nsf.gov.
The STTR program is a vital, US government-funded, highly
competitive small business program that expands funding
opportunities in the federal innovation research and development
arena. The program funds certain joint venture opportunities
between businesses and non-profit research institutions. The goal
of the STTR program is to fully transfer the technologies and
products from the laboratory to the marketplace. The business
profits from the commercialization, which, in turn, stimulates the
U.S. economy.
About SolRayo, Inc.
SolRayo, Inc. (http://www.solrayo.com) is a Madison,
Wisconsin-based company focused on developing new nanoparticle
based materials for use in various renewable energy, industrial,
consumer, and automotive applications. The Company is currently
working to commercialize an ultracapacitor technology licensed from
the University of Wisconsin. In addition to its materials research
and development work, the Company introduced its
potentiostat/galvanostat equipment products in January 2010.
SolRayo is a subsidiary of Enable IPC Corporation.
About Enable IPC Corp. (Intellectual Property
Commercialization)
Enable IPC (http://www.enableipc.com) provides efficient,
streamlined strategies for turning technologies into products and
bringing them to market. 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.
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Investor relations: Rich Kaiser (800) 631-8127
ir@enableipc.com
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