Zentric, Inc. Signs MOU with OneEnergy for Fuel Cell Battery Technology

PHOENIX, Feb. 6, 2012 /PRNewswire/ -- Zentric, Inc. (OTCBB: ZNTR) (OTCQB: ZNTR) William Tien, President of Zentric, Inc. is pleased to announce that Zentric, Inc. has entered into a Memorandum Of Understanding ("MOU") with OneEnergy Sdn Bhd, a privately held Research and Development company operating in Malaysia who specialize in a solution for Next Generation Power Supply Systems.

Mr. Tien remarked, "Our agreement with OneEnergy provides Zentric with a proven R&D partner as well as leading edge technology for Fuel Cell batteries that we can now commercialize through our global sales efforts. In particular the Fuel Cell battery is a perfect solution for application with electric vehicles as the battery technology enables the car to travel much farther on the same charge significantly improving its performance."

Mr. Ken Chua, Executive Director of OneEnergy states, "Zentric is the ideal partner for OneEnergy as they become a leader in the production and distribution of 'best in class' patented battery technologies. In particular, their strategic partnership in electric car manufacturer Alpha Lujo, Inc. will provide the perfect showcase and application for our Fuel Cell technology."

Mr. Jeff Mak, CEO of Zentric, Inc. adds, "OneEnergy provides Zentric with several solutions including a distribution partner for all of our products in Singapore and Malaysia. As a technology and development company it is critical for Zentric to continue to make improvements and technological advances and partnering with OneEnergy greatly improves our R&D capabilities."

For further information on Zentric, please go to: www.zntr.com.

For further information on OneEnergy, please go to: http://203.112.161.40/wordpress/oneenergy/ 

About Zentric, Inc.

Zentric, Inc. is a technology company that believes in making our contribution to saving the environment through the development of advanced patented battery technologies and in support of alternative energy and various other "green" initiatives. Zentric, Inc. has recently become actively involved in solar project development and will continue to seek opportunities to participate in Renewable and Alternative Energy initiatives on a global basis.

About OneEnergy Sdn Bhd

OneEnergy Sdn Bhd is a private research and development company operating in Kuala Lumpur, Malaysia specializing in solutions for Next Generation Power Supply Systems and in particular Fuel Cell battery technology.

Forward-Looking Statements: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

William TIEN
President
ZENTRIC, INC.
Email: [email protected]

Ken CHUA
Executive Director
ONEENERGY SDN BHD
Email: [email protected]

SOURCE Zentric, Inc.

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