Alternative Energy

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PWAC - PowerAir Corp. Added to Ibox.

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Power Air Corporation (Formerly Fortune Partners, Inc.) Announces New Name and Symbol

http://www.fuelcellsworks.com/Supppage4331.html

Wednesday January 18, 12:22 pm ET


LIVERMORE, Calif., Jan. 18 /PRNewswire-FirstCall/ -- Power Air Corporation, (OTC Bulletin Board: PWAC - News), formerly Fortune Partners Inc., (OTC Bulletin Board: FTPI - News), announced today its new name, chosen to emphasize its entry into the Alternative Energy sector. The Company's change in name was effected with the Nevada Secretary of State on December 22, 2005 with the change in the Company's trading symbol to PWAC.

On September 30, 2005, Power Air, through its acquisition of Power Air Tech, Inc., acquired exclusive fuel cell technology from Lawrence Livermore National Laboratories ("LLNL") that will allow it to generate safe, quiet, reliable, zero emission energy for portable, stationary and transportation applications. Since that time the Company has assembled a senior management team of industry veterans to undertake the commercialization of the LLNL technology.

"Power Air intends to be the first profitable player in the sector," states Power Air CEO Steve Williams. "Our technology will provide reliable power in a time of increased security risks, extreme weather conditions, and an aging energy infrastructure."

Unlike hydrogen fuel cells and internal combustion engines, Power Air's technology is fueled with zinc, which is safe (non-flammable and non- explosive), inexpensive and easy to transport and store. Exclusive licenses to related LLNL patents for all fields of use give Power Air several advantages over other companies trying to commercialize similar technology.

Adds Power Air Vice President, Sales and Marketing, Don Ceci, formerly of Ballard Power Systems, "Power Air's unique technology and potentially low manufacturing cost will allow us to compete with the incumbent generator and battery products, not simply with other fuel cell companies."

About Power Air Corporation

Power Air Corporation, with head offices in Livermore, California, is engaged in the business of developing, manufacturing and marketing fuel cell based commercial products. Power Air has the exclusive worldwide license to zinc-air fuel cell technology that has been developed at the Lawrence Livermore National Laboratory, in Livermore, California, for all fields of use (portable, stationary, light mobility and transportation applications) and commercialization.

For further information please call [phone] or visit our website at http://www.poweraircorp.com.

Investor Relations call [phone] or e-mail to [e-mail] or OTC Financial Network, Peter Clark, 781-444- 6100x629 or email [e-mail].