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Re: frebeach post# 710

Tuesday, 03/20/2012 6:27:30 AM

Tuesday, March 20, 2012 6:27:30 AM

Post# of 2810
Copied so not sure if everything comes up: EIPC .021 http://stockcharts.com/c-sc/sc?s=EIPC&p=d&b=9&g=0&id=p17970548896

3_Month A/D 3.86 million

Enable IPC Issues Update on Its First Profitable Quarter and Its Patent Pending S/Cap RFID Tag
9:03a ET March 13, 2012 (Market Wire)

Enable IPC Corporation (PINKSHEETS: EIPC) today issued an update to shareholders and interested parties regarding its first profitable quarter and its patent pending S/Cap RFID Tag. The company has secured an agreement to begin selling its S/Cap RFID Tag(R) in China, the world's second largest RFID Tag market, and plans to launch a new on-metal version of the S/Cap RFID Tag(R) within the next two weeks.

First Profitable Quarter

March 31st is the fiscal year end for Enable IPC, and the final quarter of this fiscal year has been the best in the company's short history. The company has successfully secured revenues sufficient to make this the company's first profitable quarter.

"The company's revenues have increased substantially, quarter-to-quarter, beginning with the S/Cap RFID Tag(R) product announcement in June 2011," stated CEO David Walker. "As the company continues its efforts to commercialize new products including RFID tags, AAO nanopore templates, ultracapacitors and lithium-ion battery cathode coating materials, we anticipate revenues to continue to grow through the next fiscal year and beyond. We are pleased with the current pace of revenue and product development and expect these exciting times for Enable IPC to continue."

S/Cap RFID Tag(R) Developments

Enable IPC previously announced completion of design and testing of a new on-metal version of the S/Cap RFID Tag(R) and today announced that manufacturing is underway and the new on-metal version of the S/Cap RFID Tag(R) is expected to be available within the next two weeks.

In addition the company has secured an agreement with a commercialization and marketing company with strong ties to China to begin sales of S/Cap RFID Tag(R) products in that country, the world's second largest market for RFID tags.

This group, with offices in Shanghai and Los Angeles, brings decades of experience working in this product area, and utilizing an existing network, is expected to help secure a foothold for S/Cap RFID Tag(R) products in the Chinese market.

Enable IPC also announced today that it has completed its initial patent application and that the S/Cap RFID Tag(R) is now officially "patent pending." The company expects to file additional patent applications in the near future. The S/Cap RFID Tag(R) is unique to the RFID tag market in that it utilizes an ultracapacitor for its power source. The ultracapacitor provides the tag with many of the benefits of a battery-assisted passive tag while negating most of the problems of short battery life.

A few of my thoughts in red when first posted, so.... smile

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