VALENCIA, CA -- (Marketwire) -- 05/10/11 -- Enable IPC Corporation (PINKSHEETS: EIPC) today issued an update to shareholders and interested parties regarding the final testing, characteristics and the expected June launch of the Company's new durable, versatile and high performance RFID tag.
Final testing for Enable IPC's new RFID tag has begun, and the Company maintains its prior expectations of a product launch next month. As previously announced, the Company has a marketing and distribution agreement with a partner that has substantial experience in RFID sales. This partner will serve as the primary marketer and distributor of Enable IPC's RFID tags in a three-year agreement valued at $4.5 million for Enable IPC.
Additional Features Announced
Enable IPC's RFID tag utilizes an ultracapacitor as a power source. The Company has an exclusive license to an ultracapacitor technology from the University of Wisconsin and many of the tag's improvements over competing technologies are due to the high performance made possible by the embedded ultracapacitor.
In addition, the tags will contain a number of improvements on other competing designs, including:
- a ruggedized case
- an IP68 rating (meaning the tag will be waterproof)
- operational range between -40 to +80 degrees C (-40 to +176 degrees F)
- multiple mounting options
- longer read range
- ability to be read across multiple frequency bands (860 to 960 MHz)
- an attractive warranty and
- competitive pricing
The Company also announced that intellectual property protection relating to the tag is currently in progress.
Many Uses for RFID Tags
A product with the characteristics of Enable IPC's tag is especially fitting for outdoor applications that can take advantage of its robust nature. Some examples include use for oil rigs (both for asset and personnel tracking), transportation, pallet and container tracking, sports (runners, etc.), livestock tracking, equipment tracking, forestry identification processes, aerospace, and particular applications for the largest user of RFID, the U. S. Department of Defense.
Substantial RFID Markets
There are three main types of RFID tags in production today: 'passive,' 'battery-assisted passive' (or 'BAP') and 'active.' Enable IPC's solution allows a BAP RFID tag to be able to read many feet away while providing the low cost, maintenance free reliability associated with a passive RFID tag. The RFID tag industry is expected to see heavy growth in the coming years with one third-party market research report forecasting a total market value of $8 billion by 2014.
Enable IPC's Expanded Communication Channels
Enable IPC has recently taken on the challenge of expanding its communication channel through the use of social media, in order to communicate more easily and frequently with its industry and interested investors. As a part of this effort, the Company has improved its website (http://www.enableipc.com), redesigning it for a sleeker, cleaner look and improved user interface.
Enable IPC has added a YouTube channel, Facebook page and Twitter handle. Followers of the Company can now receive updated information on a more regular basis as well as items of interest to the Company and its industry.
Enable IPC's YouTube channel: http://www.youtube.com/enableipc.
To follow Enable IPC on Twitter, go to: http://www.twitter.com/enableipc.
To view the company's Facebook page, go to: http://www.facebook.com/pages/Enable-IPC/140064176054394.
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.
This release may contain forward-looking statements, such as 'anticipate,' 'expects,' 'could' 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.