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ZPower is recognized as a New California 100 Business Innovator by Golden Capital Network & Hamilton Lane

ZPower battery cell

CAMARILLO, September 23, 2009 —ZPower, Inc. has been recognized as a New California 100 Innovative Business by Golden Capital Network and Hamilton Lane. New California 100 businesses are some of the most innovative companies in the state representing California’s commitment to innovation, entrepreneurship, and workforce competitiveness.

Approximately 100 companies throughout the state of California received this prestigious recognition from over 400 nominations. New California 100 Businesses were recognized during a luncheon awards ceremony at 11:45am-1:15 pm on September 22, 2009 at the New California 100 Conference in Sacramento’s Sheraton Grand Hotel.

New California 100 Businesses are market leading technology companies who have been selected based on the uniqueness of their innovation, competitive advantages, and job and economic impact on California’s economy now and into the future.

“These innovators are powerful job-creating machines,” said Jon Gregory, CEO/President of Golden Capital Network. “We believe innovation and entrepreneurship are the drivers of economic growth in California and these Innovation All-Stars are models for our state.”

“The entire team here in Camarillo greatly appreciates this honor and recognition,” said Dr. Ross Dueber, ZPower’s CEO.  “We’re excited about the future and the positive impact our products will have upon our customers, the environment, and California’s economy.”

About ZPower, Inc.
ZPower develops and produces high performance rechargeable silver-zinc batteries for mobile applications such as hearing aids, notebook computers and cellular phones.  Silver-zinc battery chemistry offers 40% more runtime than traditional lithium-ion batteries, along with environmental and safety advantages.   The company possesses an impressive U.S. and worldwide intellectual property portfolio on rechargeable silver-zinc batteries with 28 granted patents. The company is backed by Intel™ Corporation, OnPoint™ Technologies (a venture capital fund of the United States Army) and PowerVentures (a large private equity group).

About Golden Capital Network
Golden Capital Network leads by stimulating economic vitality through early stage private equity investment, connecting innovative entrepreneurs, active investors, service providers, and policymakers to share the insights, risks, and rewards of innovative collaboration. Our purpose is to facilitate entrepreneur and investor networks to provide capital, expertise, and resources for building world-class companies. Golden Capital Network provides communities with the capabilities to maximize the value of their own social capital networks for accelerating their homegrown entrepreneurs. Since 1999, Golden Capital Network's 1,000+ alumni companies have raised more than $1.3 billion in capital. Golden Capital Network alumni companies include NovaBay Pharma (IPO); InterVideo (IPO), StubHub (acquired by Ebay), Security Focus (acquired by Symantec); PowerSchool (acquired by Apple); MaxPreps (acquired by CBS), Meridian Systems (acquired by Trimble), and Hanson Information Technology (acquired by Information Global Systems).

About Hamilton Lane
Hamilton Lane is an independent financial institution that provides discretionary and non-discretionary private equity asset management services to sophisticated investors worldwide. Founded in 1991, Hamilton Lane has grown to over 110 employees, with over $94 billion in total assets under management and supervision including over $12 billion of assets under management for managed accounts.  Hamilton Lane clients include a number of the world’s largest institutional investors, as well as many mid-sized and smaller institutions.

Press Contacts:

Golden Capital Network
Jon Gregory, 530-828-3228, jon@goldencapital.net

ZPower
Ross Dueber, Ph.D.
805-445-7789
ross.dueber@zpowerbattery.com