Zinc Matrix Power Changes Name

Zinc Matrix Power has changed its name to ZPower Inc. This reflects one of several key elements in the company’s go-to-market strategy as they move from pilot production to high-volume battery manufacturing in 2008.

The name ZPower promotes brand recognition as it serves the dual purpose of overall company name and a product name. ZPower will continue to develop its rechargeable silver-zinc battery which provides a 30% increase in energy density over traditional Li-ion batteries. This value proposition has recently attracted the attention of several Tier One electronics manufacturers who will continue working with ZPower to incorporate its batteries in their future products, beginning in 2008. The batteries will be called ZPower™ batteries.

ZPower Inc. has also launched its new website, www.zpowerbattery.com, which provides information about the company’s technology and its benefits for manufacturers, consumers and the environment.

ZPower Inc. will continue to operate from its headquarters in Camarillo, California.