POWERZINC signed the contract with Bai Yin Municipal Government of Gan Su Province

===July 13, 2005 ===

The 13th China Lan Zhou Investment and Trade Fair, one of the most major investment and trade fair in the northwest region of China, was held in Lan Zhou city, Gan Su province on July 6, 2005.  In this fair, POWERZINC signed the cooperation contract with Bai Yin municipal government of Gan Su province on the following two projects. One is to establish ¡°New Energy Material Industry Zone¡± in ¡°China Science Institute & Bai Yin High Technology Industrialization Zone¡±. The other is to establish  ¡°Bai Yin & Powerzinc New Energy Limited Company¡± in above mentioned ¡°New Energy Material Industry Zone¡±.

Bai Yin city is one of the major industry base of nonferrous metal in China. It has abundant metal resources such as copper, zinc, nickel, aluminum, gold and silver which are the major metal material of zinc air fuel cell. In addition, it also has rich power resource and low electricity price. All of these features facilitate the zinc air fuel cell project¡¯s introduction to Bai Yin city.




 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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