PHOENIX, Feb. 6, 2012 /PRNewswire/ — Zentric, Inc. (OTCBB: ZNTR.OB – News) (OTCQB: ZNTR.OB – News) William Tien, President of Zentric, Inc. is pleased to announce that Zentric, Inc. has entered into a Memorandum Of Understanding (“MOU”) with OneEnergy Sdn Bhd, a privately held Research and Development company operating in Malaysia who specialize in a solution for Next Generation Power Supply Systems.
Mr. Tien remarked, “Our agreement with OneEnergy provides Zentric with a proven R&D partner as well as leading edge technology for Fuel Cell batteries that we can now commercialize through our global sales efforts. In particular the Fuel Cell battery is a perfect solution for application with electric vehicles as the battery technology enables the car to travel much farther on the same charge significantly improving its performance.”
Mr. Ken Chua, Executive Director of OneEnergy states, “Zentric is the ideal partner for OneEnergy as they become a leader in the production and distribution of ‘best in class’ patented battery technologies. In particular, their strategic partnership in electric car manufacturer Alpha Lujo, Inc. will provide the perfect showcase and application for our Fuel Cell technology.”
Mr. Jeff Mak, CEO of Zentric, Inc. adds, “OneEnergy provides Zentric with several solutions including a distribution partner for all of our products in Singapore and Malaysia. As a technology and development company it is critical for Zentric to continue to make improvements and technological advances and partnering with OneEnergy greatly improves our R&D capabilities.”
For further information on Zentric, please go to: www.zntr.com.
For further information on OneEnergy, please go to: http://22.214.171.124/wordpress/oneenergy/