| 1979 |
US Dept of Energy ("DOE") begins original research & development of Metal Air Fuel Cell at Lawrence Livermore National Laboratory |
| 1992 |
DOE and LLNL begin research and development of Zinc Air Fuel Cell |
| 1997 |
LLNL/ DOE investment exceeds $8 Million |
| 1997 |
Power Air Tech, Inc. ("PAT") signs CRADA with DOE |
| 1997-2001 |
PAT works with LLNL to investigate commercial applications of ZAFC |
| 2001 |
PAT obtains exclusive worldwide licensing rights for ZAFC; Argonne Labs validates design specifications of ZAFC |
| 2002 |
Chinese Ministry of Information & Industry successfully trials 12-Volt, 600 Watt ZAFC producing over 1 KW of power |
| 2004 |
PADL Energy Fund (Aus) investment exceeds $5 Million |
| 2005 |
PAT and PADL merger of equals; Simultaneously merged entity reversed into Fortune Partners, Inc. a NASD OTCBB company traded under OTCB company traded under "FTPI"; Fortune Partners, Inc. files From 14a to change name to Power Air Corp; Head Office - Livermore, CA; Canadian Office- Vancouver, BC |
