Mar. 9, 2010 (Filing Services Canada) — Zentric, Inc. (ZNTR – OTCBB), an advanced battery technology company, announced today the development of a new storage battery configuration.
The new battery configuration consists of 3 electrolytes separated by membranes that have added storage capability. The result is a battery with greater storage capacities and is more cost effective. This design is ideal for the storage battery market.
“We are very excited the latest developments in our technologies.” stated Mr. Jeff Mak, CEO of Zentric, Inc. “This should definitely give the company even more of a competitive edge thanks to our team at the University of Hong Kong. We will continue our efforts to develop the very best battery technologies for the market place.”
About Zentric, Inc.
Zentric, Inc. is an advanced battery technology company based on a new and revolutionary battery technology to incorporate high voltage dual electrolytes to produce higher voltages and power. The technology was development in the laboratories of the University of Hong Kong for over 10 years.
Please visit our website at: http://www.zntr.com/
This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company’s contracts, the Company’s liquidity position, the Company’s ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.
Contact:
Jeff Mak
President / CEO
416-245-8000
info@zntr.com
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Source: Filing Services Canada (March 9, 2010 – 4:32 PM EST)
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