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Officers of Development and Reform Commission of Shanghai visited Powerzinc in Shanghai

===September 22, 2005 ===

Shanghai, China ¨C On September 20th, 2005, the head of Shanghai Energy Development of Development and Reform Commission, Xia Mei Xing, visited Powerzinc (Shanghai) Electric Inc.

After the presentation of zinc air fuel cell and project of electric city transit bus, Mr. Xia was satisfied about the achievements of Powerzinc. Afterward, Mr. Xia was pleased to tour on Powerzinc¡¯s DQFC zinc air fuel cell electric city transit bus and also visited the manufacturing factory of zinc air fuel cell and R & D center. Mr. Xia considered that electric city transit bus powered by DQFC zinc air fuel cell is ready for commercializing operations, and he also suggest that Powerzinc submit proposals for manufacturing and commercially adopting the products. Mr. Xia decided to call on some of the related ministries of Shanghai to promote Powerzinc¡¯s products along with some relevant city development plans. According to the municipal government of Shanghai, any technology or product that can ensure the safety of energy should be developed with sparing no effort. Mr. Xia indicated that the government is going to utilize the public resources solve problems of high gas price and air pollutions through adopting alternative energies. Meanwhile, this will also help to prepare for coming Shanghai ¡°Green¡± World Expo in 2010.

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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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