On April 9, 2004, Powerzinc Electric, Inc., Powerzinc Electric (Shanghai), Inc., US Tulane University, Shanghai Jiao Tong University and Zhejiang University met together at Powerzinc Electric (Shanghai), Inc. and reached to the common understanding of developing the applications of Powerzinc DQFC zinc-air fuel cell in trans-nations.  The intended cooperation organization will focus its efforts on the speedup of the commercialization of clean fuel cells world- widely in transportation field and other application fields, especially the applications of zinc-air fuel cells.  The key points will be the upgrade of the integrate DQFC technology, to seek for policy supports from multi aspects and to develop the international cooperation relationship.

Powerzinc will take the lead of organizing and managing the said cooperation organization, which will include the above mentioned three universities.

About Powerzinc

Powerzinc Electric, Inc. is a California-based Hi-Tech company. It is dedicated to the research, development, manufacturing and commercialization of advanced zinc-air fuel cells and entire manufacture facilities, along with fuel cells refuel service platform. Through years of R&D, Powerzinc has achieved significant breakthroughs in zinc-air fuel cell technology and developed the high power, large energy, long-lasting, low cost and environment-friendly power and energy source. Its innovative products - DQFC series of zinc-air fuel cells with creative design and process technology is a totally renewable energy for electric vehicles and various other applications today.

About Powerzinc Electric (Shanghai), Inc

In Shanghai, China, Powerzinc has established a zinc-air fuel cell manufacturing and service model plant to commercialize the technology and its products. The plant is ready for commercial-scale production. The Company has started supplying DQFC series zinc-air fuel cells to manufacturers of Electric Bicycles and Electric Scooters. In the near future, the new series of DQFC zinc-air fuel cells for Electric Buses, Defense and Security, Communication and other applications will be available to the commercial market soon to satisfy the real highly growing demand anywhere in the world.