Scottsdale 12/10/2010 3:39:58 AM
News / Finance

Zentric, Inc. (ZNTR.OB) Appoints Raymond Tsang as Director of China Operations

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. announced that it has appointed Raymond Tsang to the newly created position of Director of China Operations. He will be responsible for overseeing the setup and construction of the previously announced battery manufacturing plant, build management and operations teams with the Joint Venture partners, oversee sales and marketing in China as well as assist in financing efforts.

An international business entrepreneur for over 30 years, Mr. Tsang has been primarily involved in bringing investments into China from all over the world including Singapore, Canada, United States, Pakistan, United Emirates, and Hong Kong. He has assisted in the relocation of many Hong Kong based manufacturing companies to Southern China, significantly increasing the profitability of their operations.

Jeff Mak, President and CEO of Zentric, stated, “We are very pleased to have someone of Raymond Tsang’s caliber joining the team as we move forward with our joint venture initiative to construct a battery manufacturing plant in China. I believe his knowledge, experience and guidance will be a great asset to the company and look forward to his involvement.”

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