SOURCE: Power Air Corporation

January 07, 2008 08:30 ET

Power Air Introduces "ZPAC 40" Zinc Air Powerpack

LIVERMORE, CA--(Marketwire - January 7, 2008) - Power Air Corporation (OTCBB: PWAC), the Zinc power company, today announced the introduction of its first commercial product, the "ZPAC 40" Zinc Air Powerpack, at the 2008 International CES (Consumer Electronics Show) in Las Vegas (January 7-10, 2008).

"The rate of growth and evolution in the Mobile Electronic Device market has been and remains extraordinarily brisk, with annual unit shipments of cell phones and MP3 players alone forecasted to exceed 1.5 billion in 2008. Moreover, innovations in functionality and internal operation are being introduced every six to 12 months. Recent innovations include high-speed communication, advanced color screens, enhanced Internet function and features, wireless capabilities, GPS, multi-media functions such as camera and gaming, and even TV broadband functions on multiple handheld devices," stated Remy Kozak, President and CEO of Power Air Corporation. "Each innovation adds to both the 'necessity' for continuous availability of the handheld device and to its power-appetite. With traditional batteries struggling to maintain acceptable runtimes, there exists a portable 'power gap,' and Power Air is well positioned to exploit this market opportunity with its Zinc Air Fuel Cell technology."

The ZPAC 40 provides the equivalent energy to 40 AA alkaline batteries, in a lightweight, compact, recyclable "CellPAC" that fits easily into a shirt pocket. The ZPAC 40 can be used anywhere, anytime, to provide safe, personal portable power without the need of an electrical outlet. It provides extra runtime for travel, emergency, remote and recharging power applications by supplying energy via a mini-USB port. Adaptors are available to connect to most devices that do not have mini-USB ports. Pictures of the ZPAC 40, as well as specifications and a listing of compatible devices, are available for viewing on Power Air's web site (www.poweraircorp.com).

"We are introducing our ZPAC 40 to potential distributors, retailers and end-users at the 2008 International CES, and expect first customer shipments to begin in October of this year," added Kozak.

NOTE TO PRESS: Power Air is actively engaged in commercializing its proprietary ZAFC technology to bring to market a portfolio of low cost, silent, zero emission, recyclable products ideally suited for powering a wide range of industry applications. Company Executives will be available for interviews with media professionals to discuss Power Air's product development strategy; the benefits of leveraging Zinc as an alternative clean power source; and other industry-related topics of interest. To schedule, please contact Tiffany Korkis at Elite Financial Communications Group at 407-585-1080 or via email at tiffany@efcg.net.

The International CES is widely recognized as the world's largest consumer technology tradeshow; the 2008 conference will feature 2,700 exhibitors showcasing their latest products across 1.8 million net square feet of exhibit space. The International CES is produced by the Consumer Electronics Association (CEA), the preeminent trade association promoting growth in the consumer technology industry. CEA represents more than 2,100 corporate members involved in the design, development, manufacturing, distribution and integration of consumer electronics products. All profits from CES are reinvested into industry services, including technical training and education, industry promotion, engineering standards development, market research and legislative advocacy.

About Power Air Corporation

Headquartered in Livermore, California with offices and research facilities in Vancouver, Power Air is a forward-thinking clean energy company engaged in commercializing proprietary, high performance Zinc Air Fuel Cell (ZAFC)-based products for the mobile electronics, portable and stationary power generation, light mobility and transportation markets. Power Air holds the exclusive worldwide license for the development and commercialization of products utilizing ZAFC technology pioneered through an extensive joint collaboration effort with Lawrence Livermore National Laboratory and the United States Department of Energy. For more information, please visit www.poweraircorp.com.

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact Information

  • FOR ADDITIONAL INFORMATION, PLEASE CONTACT:
    ELITE FINANCIAL COMMUNICATIONS GROUP, LLC

    Dodi Handy
    CEO
    or
    Daniel Conway
    Chief Strategist

    407-585-1080
    or
    via email at Email Contact