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Power Air Corporation Today Makes the Following Announcement: Power Air Appoints Back-Up Power Product Manager

Posted on: Wednesday, 13 September 2006, 12:00 CDT

LIVERMORE, Calif., Sept. 13 /PRNewswire-FirstCall/ -- Power Air Corporation (BULLETIN BOARD: PWAC) today announced the appointment of Mr. Irfan Rehmanji as Product Manager, Back-up Power Systems. The company continues to assemble a team of experienced fuel cell industry managers and technical staff to commercialize technology licensed from the Lawrence Livermore National Laboratories.

"Mr. Rehmanji joins our commercialization team to support the ongoing product development initiatives and to assist with managing our Collaborating Partner projects," states Mr. Donald Ceci, Power Air VP Sales and Marketing. "Mr. Rehmanji has handled several complex technology and product development projects, and understands how to bridge the gap between R&D and product."

While Power Air added several key engineering staff over the summer months, Irfan Rehmanji's appointment brings to Power Air considerable experience in the Fuel Cell and clean energy industry. Having held technical and business development positions with Ballard Power Systems and Membrane Reactor Technologies, Mr. Rehmanji is familiar with the markets and the commercialization process. His experiences with technologies include continuous power solutions, back-up and UPS applications. Mr. Rehmanji has over 10 years of engineering and business development experience and holds a Bachelors of Engineering in Chemical Engineering (Honours) from Loughborough University in England, and a Business Management Degree from Simon Fraser University in Canada.

"Power Air's Zinc Air Fuel Cell Technology lends itself to a wide variety of applications and has distinct advantages over incumbent technologies. I look forward to working with our Collaborative Partners to develop and commercialize our product platforms," states Mr. Rehmanji.

About Power Air Corporation

Power Air Corporation, with head office in Livermore, California, is engaged in the business of developing, manufacturing and marketing fuel cell based commercial products. Power Air has the exclusive worldwide license to zinc-air fuel cell technology that has been developed at the Department of Energy's Lawrence Livermore National Laboratory, in Livermore, California, for all fields of use (portable, stationary, light mobility and transportation applications) and commercialization.

For further information please call +1-925-960-8779 or visit our website at http://www.poweraircorp.com/.

Investor Relations call +1-866-734-7026 or e-mail to investors@poweraircorp.com

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 DERAL OR STATE SECURITIES ADMINISTRATOR HAS IN ANY WAY EITHER REVIEWED, APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE.

THIS NEWS RELEASE CONTAINS FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED. 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.

THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION

Power Air Corporation

CONTACT: Power Air Corporation, +1-925-960-8779; or Investor Relations,+1-866-734-7026, investors@poweraircorp.com

Web site: http://www.poweraircorp.com/

Source: PRNewswire-FirstCall

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