Celebrating a successful year highlighted by reaching a major milestone with
the first commercial use of its breakthrough ultracapacitor nanotechnology,
Enable IPC Corp., a
leading company that turns technologies into products and successfully brings
them to market, announced that it has concluded its annual stockholders meeting.
The ultracapacitor partnership marked a major validation of Enable IPC’s
ultracapacitor technology, as the
company partnered with the Madrid, Spain-based IMDEA Energy Institute to jointly
based on Enable IPC’s patent-pending energy technology. The initial project,
for which Enable IPC will
receive $69,000, consisted of incorporating the company’s ultracapacitor
technology into the SA2VE clean
energy innovation program. The SA2VE program is a strategic national research
and development initiative
spearheaded by the Spanish government, focusing on enhanced electricity storage
for applications in
renewable energy integration, transport sectors and households.
“We are excited by the relationship with IMDEA Energy because this initial
project to use our ultracapacitor
technology could easily be the first of many projects with them and the Spanish
Government,” said David
Walker, CEO, Enable IPC Corp. “There are many great uses for our ultracapacitor
technologies, from consumer electronics to military applications. Having IMDEA
use the ultracapacitors for a
clean energy commercial initiative opens up several new opportunities for Enable
IPC both in the U.S. and
Delivering a keynote presentation to the stockholders, Kevin Leonard, co-inventor
of the ultracapacitor
technology, detailed upcoming expansions for the technology, including potential
partnerships with the U.S.
Government and additional commercial applications.
Dr. Sung Choi spoke about the progress he and his team had made in the development
of the company’s
microbattery technology. Dr. Choi reported that the initial customers’
specifications had been met in the lab,
and that the company is now close to finalizing the product.
The meeting also included Timothy Lambirth and Philip Verges, CEO, NewMarket
Technology (OTC BB:
NMKT), both being re-elected as Board members for three-year terms. The accounting
firm of L.L. Bradford
& Co. was also ratified as the company’s auditors for the coming fiscal