Zentric, Inc.'s Hong Kong Subsidiary Secures 20MW of Solar Panel Inventory

PHOENIX, Jan. 23, 2012 /PRNewswire/ -- Zentric, Inc. (OTCBB: ZNTR) (OTCQB: ZNTR) William Tien, President of Zentric, Inc. is pleased to announce that Zentric, Inc. through its wholly owned subsidiary Zentric (HK) Limited has entered into contracts with a leading solar panel manufacturer from China to secure 20MW of inventory to be used for pending EPC contracts.

Mr. Tien remarked, "We are very pleased to have secured this inventory from within the top 100 manufacturers in China. Although we are a relatively new participant in the solar industry our extensive network of contacts has provided us with several significant opportunities to be EPC Contractor and in some cases an equity participant in various solar power plants that are planned for construction beginning in 2012."

Mr. Jeff Mak, CEO of Zentric, Inc. adds, "Zentric will be in a position to earn significant fees for serving as EPC Contractor for the various projects under consideration.  Also, any opportunity to hold an equity position in one or more projects will result in steady cash flow from profits earned over the life of the solar power plants that generally operate for 20 years or more."

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

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 including the recent appointment as Project Manager for construction of a 120MW solar power plant in Benson Arizona and we will continue to seek opportunities to participate in Renewable and Alternative Energy initiatives on a global basis.

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.

Contact:
William Tien
President
ZENTRIC INC

Email: [email protected]
Web: www.zntr.com

SOURCE Zentric, Inc.

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