World Capital Market held the “Forum of China Venture Investment 2004” on October 28, 2004 at Hilton Hotel, Pasadena, Los Angeles. Powerzinc was invited as a world leading electric vehicle fuel cell research and development corporation to attend the forum. Seven high-tech companies including Powerzinc were selected from over thirty projects to represent their research achievements to the representatives from venture capital companies.

World Capital Market (http://www.thechinainvestor.org) is headquartered at Los Angeles. It is a financial information provider and a consulting organization dedicated to a full dimensions service. The forum is focused on bridging those Hi-tech companies with Chinese marketing concept with venture capital companies. This brings an opportunity for mutual understandings and paves way for their future cooperation. Among the attending venture capital companies are California Technology Venture , IDG (http://www.idg.com), First Wilshire Securities Management Inc. (http://www.fwresearch.com), Roth Capital (http://www.rothcapital.com), Barrington (http://www.barrington.com) and Millennium Capital (http://www.millcapital.com) etc. Other sponsors include: Asia Pacific – USA Chamber of Commerce, Pacifinc Rim Chamber of Commerce, LARTA Institure, Southern California Chinese Professional Association etc.

After years-long effort, Powerzinc’s DQFC zinc air fuel cell has started to commercialize, in this forum Powerzinc presented the primary principle of the zinc air technology, its development and commercialization progression to the attendees. The thirty minutes lecture triggered a strong interest among the entire group of participants. Ms. Amy Ji CFO of Powerzinc answered inquires regarding the performance, applications and price of DQFC zinc air fuel cell. Powerzinc believes a strategic partnership may further be formed with interested venture capital companies, thereby, to lead commercialization of zinc air fuel cell technology to another summit.

　

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.