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City of
Industry, California, February 1, 2003, Powerzinc Electric,
Inc. announced today the appointment of Mr. Robert (Bob) S.
Kripowicz as the Chairman of the Board of Powerzinc. Mr.
Kripowicz will be responsible for the company¡¯s investment
strategy in the global market, project finance, and
corporate development with an initial focus on products and
services in US and/or China markets. With his distinguished
service record in the private as well as public sectors, we
look forward to Mr. Kripowicz¡¯s leadership in quickly
transforming Powerzinc from a start-up company to a large,
commercially successful, global company that can eliminate
pollution in urban areas caused by conventional
transportation equipment with zero emission vehicles powered
by Powerzinc¡¯s Zinc Air Fuel Cell battery technology.
Mr.
Kripowicz has recently completed a distinguished 30-year US
government career. Most recently he was the Senior Advisor
to the Under Secretary, Department of Energy (DOE) for
policy studies in the fossil energy and global climate
change areas, as well as advising him on developing the
budget in all energy technology areas as well as Science,
Environmental Management, and Nuclear Waste Management. From
1996 to 2002, he served as the Acting Assistant Secretary
for Fossil Energy in DOE while holding the position of
Principal Deputy Assistant Secretary on a permanent basis.
During his tenure he was responsible for the complete
reorganization and consolidation of the office¡¯s research
and development activities, the initiation of long-range
strategic planning activities, and the execution of the
Administration¡¯s Clean Coal Technology Initiative, a $2
billion Presidential initiative. He was instrumental in
initiating, structuring, and implementing the US-China
Protocol on Cooperation in Fossil Energy Technology with
China¡¯s Ministry of Science and Technology (MOST). In 1997,
he inaugurated the US/China Energy and Environmental
Technology Center (EETC)¡¯s Beijing office at Tsinghua
University. Prior to joining the Fossil Energy program in
DOE, Mr. Kripowicz was the Acting Deputy Assistant Secretary
for House Liaison, and the Deputy Assistant Secretary for
Buildings Technology in the Office of Energy efficiency and
Renewable Energy.
Prior to
serving in DOE, Mr. Kripowicz was a staff member of the
Interior and Related Agencies Subcommittee of the House
Committee on Appropriations, responsible for DOE programs in
energy efficiency and fossil energy, as well as energy,
scientific and land management programs at the Department of
the Interior. He also was the Staff Director of the Energy
Subcommittee of the House Science and Technology Committee,
responsible for energy efficiency, fossil energy and the
basic science programs of DOE. He also has had experience in
the utility sector, the nuclear industry, and in small
research and development companies.
Mr.
Kripowicz received his undergraduate B.S. degree in
Chemistry cum laude from Lafayette College and his MBA from
the University of Pittsburgh.
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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Powerzinc Electric, Inc.