Powerzinc Electric and TL Chemical Establishing Alliance Relationship
=== April 20, 2004 ===

On April 20, 2004, Dr. Long L, vice director of Shanghai Institute of Organic Chemistry (SIOC) CAS and Chairman of Shanghai TL Chemical Co., Ltd (STLC) paid a visit to Powerzinc Electric (Shanghai), Inc. together with Mr. Huangkuan Kong, the Executive Vice General Manager of STLC.

STLC was established in Feb. 2002, organized and set up by Shanghai Institute of Organic Chemistry of Chinese Academy of Sciences (SIOC), Shanghai Tong Ji Science & Technology Industry Co., Ltd. and Shanghai Shen Li Hi-tech Co., Ltd.  STLC, a hi-tech company, is mainly engaged in the research and development of the key materials and components of Proton Exchange Membrane Fuel Cell (PEMFC) such as Proton Exchange Membrane (PEM), Membrane Electrode Assembly (MEA) and Flow Field Plates etc.; meanwhile it also engages in the development of and technical service for fine chemical products.  STLC currently assumes the responsibilities of both developing innovative projects for CAS and the National Hi-tech Research and Development Program (customarily called 863 program) for The Ministry of Science and Technology of China.

Dr. L, Long had the experience of working in Dupont (US) Company, the world largest Chemical Company. He has been engaged in the research and development of organic fluoride chemistry and fluoric materials. Currently, he is the specialist in the Specific Theme Group for materials of special functions in the field of advance materials in the 863 Program.  He is quite familiar with the research and development of the various fuel cells and related materials. During the visit, Dr. L got acquainted with Powerzincs product - DQFC zinc air fuel cells, its development progress, technical advantages, business pattern and current market feedbacks in detail, he also visited the plant and tried the e-bike powered by DQFC zinc air fuel cells. He appreciates very much the everlasting efforts that Powerzinc has been endeavoring to promote the industrialization of zinc air fuel cells and the outstanding achievements already acquired.  Dr. L considers that DQFC series of zinc air fuel cells, as a kind of power cell, has tremendous potentials and vast developing spaces.

As STLC is rather strong in the R&D of fuel cell materials and in the organic synthesis field, Powerzinc Electric and STLC reached a friendly cooperation agreement during the visit.  In the future, STLC will actively cooperate with Powerzinc to develop the key materials used in DQFC zinc air fuel cell to enhance the product performance and reduce the cost at a large scale, thereby to speedup the progress of market popularization of DQFC zinc air fuel cells, which are the most advanced fuel cells in the world.

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.



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