Balqon Corp. (BLQN.OB) Secures Partnership with DynaProTech for Zero-Emissions Drive Systems in China

QualityStocks would like to highlight Balqon Corporation (OTC.BB: BLQN), a leading developer of heavy-duty electric trucks, tractors and electric drive systems. The company uses its proprietary flux vector control technology to design propulsion systems for 10 to 50 ton capacity vehicles and material handling equipment.

In the company’s news yesterday,

Balqon Corp. announced it has received a $490,000 purchase order from DynaProTech, a leading composite automotive parts manufacturer in the People’s Republic of China.

Per the agreement, DynaProTech will integrate Balqon’s zero-emissions electric drive systems into electric buses, heavy-duty trucks, light commercial vehicles and automobiles in China. Additionally, DynaProTech will provide servicing and parts for Balqon’s products.

Balwinder Samra, president and CEO of Balqon, said the agreement symbolizes Balqon’s broader mission to introduce its technologies to various international markets.

“Our relationship with DynaProTech is a continuation of our localization strategy to have our drive systems integrated into products manufactured by regional original equipment manufacturers (OEMs) in major world markets,” Samra stated in the press release.

Samra also said that Balqon’s relationship with DynaProTech will open the door for additional industry recognition of Balqon’s technologies.

“We believe that DynaProTech’s existing customer base in the automotive sector will expedite our ability to promote our technologies to a growing base of OEMs seeking zero-emissions technologies. In addition, we believe that our relationship with DynaProTech will also allow us to showcase our flux vector motor controllers and battery management systems to manufacturers of electric buses, trucks and automobiles in China.”

About QualityStocks

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net

Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.