TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: Past Top Pick...ZNN

Past Top Pick...ZNN

posted on Apr 22, 2009 03:05PM

Cedar..

This may interest you...

Read up on it..The technology is electrical storage"Battery" based ,not on chemical ,but capicator based..like the Flux Capicitor in Back to The Future..closer than ever..

ZENN Motor Company

TSX VENTURE: ZNN

Apr 22, 2009 18:00 ET

ZENN Motor Company's Strategic Partner, EEStor, Inc., Announces Permittivity Results

TORONTO, ONTARIO--(Marketwire - April 22, 2009) - ZENN Motor Company ("ZMC") (TSX VENTURE:ZNN) a leading developer of zero emission transportation solutions, is pleased to confirm that its energy storage partner, EEStor, Inc., issued a press release today announcing permittivity results of the manufacturing-grade chemicals to be used in their Electrical Energy Storage Unit (EESU).

Austin-based EEStor, Inc. disclosed that it has exceeded expectations on the key milestone of permittivity testing, notably the attainment of a relative permittivity of at least 22,500 for its patented and patent-pending Composition Modified Barium-Titanate Powders, the key material in their energy storage technology. ZENN Motor Company is currently reviewing the results as it relates to its Technology Agreement with EEStor.

"The permittivity results as indicated are beyond the specifications outlined in our technology agreement which is extremely encouraging," stated Michael Bergeron, VP of Engineering, ZENN Motor Company. "We will review these results and expect to announce our findings as soon as they are available."

"EEStor's announcement reveals continued progress in developing their Electrical Energy Storage Unit," said Ian Clifford, Chief Executive Officer of ZENN Motor Company. "We remain focused on fulfilling our cityZENN and ZENNergyTM drivetrain programs, the first implementations of EEStor's EESU.

ABOUT ZENN MOTOR COMPANY

www.ZENNcars.com

ZENN Motor Company Inc., Toronto, Canada, is dedicated to being the global leader in zero emission transportation solutions for markets around the world. Driven by quality, ingenuity, and a philosophy of social responsibility, the ZMC team is redefining what is possible in both urban and business fleet transportation.

The ZENNTM (Zero Emission No Noise) provides an excellent alternative transportation solution for environmentally conscious drivers who want to dramatically reduce their operating costs and free themselves from dependence on oil. The current ZENN low speed vehicle is perfect for urban commuters and commercial fleets such as resorts, gated communities, airports, college and business campuses, municipalities, and parks and is sold through a network of retailers across the United States and directly by the Company in Quebec.

The planned commercialization and implementation of the ultra capacitor being developed by ZENN Motor Company's strategic partner EEStor, Inc., is expected to enable future ZMC vehicles and ZENNergyTM drivetrain-powered vehicles to travel at speeds and distances similar to internal combustion powered vehicles but at a fraction of the cost and with zero emissions. Under its Technology Agreement with EEStor, Inc., ZMC holds the worldwide exclusive rights to incorporate EEStor's energy storage technology for new passenger vehicles up to 1,400 kilograms curb weight; golf cart and utility vehicles and the conversion of any class of used internal combustion 4-wheel vehicles to electric.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact

ZENN Motor Company
Catherine Scrimgeour
Manager, Public Affairs
416-535-8395 ext. 201
cscrimgeour@ZENNcars.com
www.ZENNcars.com

Share
New Message
Please login to post a reply