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$ZNTR - Hitting the Radars ...Major Growth Industry!
Zentric, Inc., an advanced battery technology company, has developed a new and revolutionary battery technology to incorporate high voltage dual electrolytes for higher voltages and power. Through innovation, acquisitions and strategic partnerships, the company aims to accelerate the market applicability of advanced battery technologies as well as storage systems.
Zentric’s unique battery technology allows specific combinations of key battery components to attain a much higher voltage than traditional lead acid batteries while costing a lot less than lithium-ion batteries. By fitting more energy into the same form factor, the company's technology offers a significant advantage over any existing solution on the market.
The company recently signed a Joint Venture agreement to build and operate a battery manufacturing plant in Jilin Province, China. China's demand for batteries is projected to increase 8.5% annually to reach 282 billion yuan by 2013. The market for high capacity batteries is expected to experience even faster growth, projected to increase 30% annually over the next five years.
The Zentric management team consists of renowned experts from the scientific research community as well as the hybrid and electric battery, automotive and financial industries. Leveraging its cutting-edge battery technology and highly competent management team, Zentric is well positioned to capture a significant share of the burgeoning battery industry.
At Your Own Risk ;)
