The Vice President of Penoles in Mexico visited Powerzinc

===October 27, 2005 ===

Shanghai, China ¨C on October 24, 2005, the Vice President of one of the biggest mining company in Mexico, Penoles, Alejandro Fernandez, visited Powerzinc in Shanghai, and discussed the ZAFC technology with Powerzinc.

After Powerzinc gave a presentation about the company products and applications, Mr. Fernandez visited the production lines and the demo electric bicycle, electric motorcycle, and electric bus powered by Powerzinc¡¯s ZAFC. Meanwhile, Mr. Fernandez learned about the electro-winning process and was very impressed about the achievement of Powerzinc. Mr. Fernandez considered that the technology of ZAFC from Powerzinc is going to lead the international zinc business into a new era. Mr. Fernandez indicated that he will consult with the developing department of Penoles immediately for the possibility of collaboration between Penoles and Powerzinc.


 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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