Zentric, Inc. (ZNTR.OB) Updates Investor Community

QualityStocks would like to highlight Zentric, Inc. (OTCBB: ZNTR). The company employs an advanced battery technology, incorporating high voltage dual electrolytes to produce higher voltages and power. Zentric's unique battery technology is one part lead acid and one part metal hydride, making it possible to attain a much higher voltage than traditional lead acid batteries while costing a lot less than lithium-ion batteries.

In the company’s news yesterday,

Zentric, Inc., issued a press release to update the investment community on its current initiatives.

As previously announced, Zentric has entered into a joint venture agreement to build and operate a battery manufacturing facility on approximately 7.4 acres of land provided by the joint venture partners. The company is now in the process of planning and designing the facility, which is anticipated to undergo construction in mid-2011.

Zentric is also in the process of building a strong management team. Last week the company announced the addition of Lee Harrison as Executive Advisor. Zentric is pursuing other prominent figures in the industry as well which are currently in talks to join.

The Research and Development team at the University of Hong Kong continues to perfect the energy storage designs with the addition of a new storage battery configuration. The new configuration consists of 3 electrolytes separated by membranes that have added storage capability, resulting in a more cost effective battery with greater storage capacities.

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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.