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Delegations of City Government Officials of Baiying City Visited Powerzinc Shanghai

===June 6, 2005 ===

Shanghai ¨C On June 5, 2005, a group of 10 delegations from administrations of the City of Baiyin, Gansu Province, visited Powerzinc Shanghai, led by the Mayor of Baiyin and Secretary of the Baiyin committee of Chinese Communist Party. Their main objectives were to understand Powerzinc¡¯s technology advancement and progresses in commercialization.  

Powerzinc¡¯s Chief Executive Officer, Mr. Richard Yang, showed the delegations the factory and production lines and explained DQFC¡¯s manufacturing  process.  In his presentation, Mr. Yang also detailed Powerzinc¡¯s history, current state and future potentials. In closing statement, Mayor Yuan praised Powerzinc¡¯s world-leading technologies and was impressed by the project¡¯s huge growth potentials. There are affluent non-ferrous metal mines in Baiyin, including all that are used in Powerzinc¡¯s DQFC series. Hence, there are great synergies to be explored. In addition, Baiyin has started to utilize its own natural resources to develop the battery industry and, eventually, to evolve Baiyin into the Center of Batteries in Western China. Mayor Yuan has also expressed willingness to help Powerzinc to expand in Baiyin. 

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 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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