EIPC: Acquisition of Ultracapacitor Technology Developer SolRayo

http://www.tradingmarkets.com/.site/news/Stock%20News/1911598/
Tue. September 30, 2008; Posted: 12:01 PM
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Ridgeland, MS, SEP 30, 2008 (EventX/Knobias.com via COMTEX) -- EIPC | Quote | Chart | News | PowerRating -- By Fain Hughes, fhughes@knobias.com
Enable IPC Corp. (EIPC) has acquired a controlling interest in SolRayo LLC, a 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.

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