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In the past six months, H-Plus Holdings and H-Plus ECO Ltd., with their conviction in the success of our Zinc Air Fuel Cell (ZAFC) have invested a further $900,000 USD into PAC. Forward-looking and visionary, Mr. Jahong Hur, President, CEO and Founder of H-Plus Group, also sits on our Board of Directors, intimately involved to participate in the success of our revolutionary technology on a global level.

With a further investment of $400,000 USD, the giant Korean energy company SOMO Petroleum Co., Ltd. nods our way. We are certainly excited to see what technological exchanges can be facilitated with our developing relationship.

About H-Plus Group
H-Plus Group is composed of four companies (H-Plus Eco Ltd., H-Plus Bio Ltd., H-Plus Clean Air World Ltd., and H-Plus Specialty Gas Supply Ltd.) whose main business is focused on the environment and alternative energy. H-Plus Group is aiming to be a total environment solution provider.

About H-Plus Eco Ltd.
H-Plus Eco Ltd. (part of the H-Plus Group of companies) was founded in November 2000 and is a leading company in environmental consulting, engineering and construction for contaminated soil and wastewater in Korea. H-Plus has an excellent business network with refineries, engineering companies and motor companies in Korea.

About SOMO Petroleum Co., Ltd.
SOMO Petroleum Co., Ltd., a subsidiary of SOMO Group, was founded in 1968. SOMO petroleum is a major player in sales and distribution of oil products in Korea and has an extensive nation-wide distribution channel, including gas stations and oil reservoirs. SOMO has been expanding its businesses to the other areas, including transportation of oil products.

After extensive preparation over months, we have uprooted ourselves from our Livermore, California headquarters. The move was planned to take advantage of the National Research Council-Industrial Research Assistance Program (NRC-IRAP), Canada's premier innovation assistance program, and Canada’s Scientific Research and Experimental Development (SR&ED) Tax Incentive Program among other reasons.

Canada has progressive regulatory systems and long-term green government policies. We feel that the green energy sector is poised for spectacular growth, creating significant opportunities for strategic partnerships and investment to develop and commercialize our unique and competitive technology. There is valuable infrastructure here, with a pool of high calibre fuel cell developers upon which to draw. The process of settling in is complete, with our R&D facility nearing capacity. We are looking to increase lab and workspace in spring of 2010.

A recent visit by a global supplier of automotive technology and components to our new office and R&D facility had us all very excited. The initial talks are positive, with a re-visit expected in early 2010. The discussions focused on the zinc fuel cell as the next generation of alternative energy after the much saturated market of PEM fuel cells today. PAC is prepared to be at the forefront to take advantage of this shift in the market with the alliances formed with other leaders in the sector.

Our R&D team is hard at work. We aim to have developed a usable 6-cell stack >150 watt (desktop portable) and >1000 watt (portable unit) ready for demonstration to our partners and stakeholders by Feb 2010.

We took a notable step forward in making more compact our cells, thanks to a space-saving design that allows for better performance per cubic centimeter. This is one of more improvements we will make to allow our cells to deliver more power, more efficiently.

An important dimension of our technology is developing of the catalyst integrated into our cathode. Our senior electrochemist visited South Korea for testing of various components with very favourable results. We are now looking at manufacturing partnerships of our air cathode.

This news release has been prepared by management of the company who takes full responsibility for its contents. No exchange, over-the-counter market or securities administrator has in any way either reviewed, approved or disapproved of the contents of this news release.

Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the timely completion of all material and non-material matters comprising the share exchange agreement and its related transactions, the belief that the company will raise sufficient funding for the company's projected business purposes, and the expectation that the company may be able to secure joint venture partners in the development of its technology. These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Such risks and uncertainties may include, but are not limited to, factors outside the control of the company. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the SK factors disclosed in the company's periodic reports filed from time-to-time with the United States Securities and Exchange Commission.

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