Getting
information about EEStor has been difficult and frustrating,
particularly because it is a research in process. Today's bright
idea and surefire solution ends up in the dustbin in a week to be
replaced with a new bright idea. Reporting on untested bright ideas
turns out to be often misleading.
What
this report makes quite clear is that EEStor is far ahead of any
other group in its approach to energy storage. On the other hand,
they still have to make it work but that appears to happening.
As
usual optimism produced foreshortened time expectations which always
opens the doors for ignorant naysayers. This is a great program that
deserves full support. Both the science and the engineering is
nicely advancing with what appears to be a clear solution in sight.
One
also gets a sense of the quality of the work and the painstaking and
yes time consuming effort involved. Be patient because this is
important enough to get right the first time because it really does
change everything if it meets expected billing.
press release
Nov. 6, 2012, 11:17
p.m. EST
ZENN Motor Company
Announces Update From Consultant
TORONTO, ONTARIO, Nov
06, 2012 (MARKETWIRE via COMTEX) -- ZENN Motor Company Inc. CA:ZNN
+13.85%
("ZENN" or
the "Company") reported today that it has received an
updated report from its consultant John Galvagni.
Mr. Galvagni provided
an initial report to the Board on September 12, 2012 where he advised
that he observed significant technological progress at EEStor, Inc.
("EEStor"). On October 23, 2012 Mr. Galvagni provided a
detailed report to ZENN which was made public on such date. Following
the second report, ZENN has received a number of comments from
shareholders and the scientific community regarding various elements
in the Galvagni report. In light of the comments ZENN asked Mr.
Galvagni to review his report. [Very
Good - arclein]
Following this review
Mr. Galvagni advised ZENN, that he had been provided updated
information and made aware of other research. High levels of
permittivity have been observed by others in research and laboratory
settings. Mr. Galvagni considered these reports, but noted that he
still believes that EEStor's achievement of extremely high
permittivity (in excess of K=8 million) is the first he is aware of
in a commercial environment and in a plant capable of scale
production.
Mr. Galvagni also
advised ZENN that there had been confusion relating to one of the
EESU layers he had observed being tested. He previously advised ZENN
that he had observed a layer which maintained permittivity (purported
to be "about 1000") while voltage was increased from 1 volt
to 1250 volts. In reviewing the information Mr. Galvagni advised that
he made an error in his verification and that the correct
permittivity number is 20, and not 1000 as initially reported.
To help clarify some
the matters related to the above mentioned EESU layer, EEStor has
provided further detailed information on the layer, see information
in the following link:
http://media3.marketwire.com/docs/znn1106datasheet.pdf . EEStor has
confirmed in writing the accuracy of the information, however,
neither Mr. Galvagni nor ZENN has had the opportunity to verify the
accuracy of this data.
In light of these two
changes to his report, Mr. Galvagni was asked by ZENN whether he
could reaffirm his previous advice that he saw significant
technological progress at EEStor. Mr. Galvagni confirmed his opinion
of significant technological progress and referenced:
1. The
development of a scalable process for making high purity Composition
Modified
Barium Titanate ("CMBT") built on paraelectric BT (Barium
Titanate,
or BaTiO3);
2. The
ability to precisely control each dopant (chemical substitutes to
modify
properties) by computer programming;
3. The
demonstration and certification of temperature stable CMBT;
4. The
precision mixing of CMBT into polymers without voids, using
surfactants to optimize the surface interfaces;
5. The
witnessed samples prepared with two different mixes showed clearly
different,
and internally consistent, parameters;
6. It was
impressive that developments of ceramic/polymer dielectrics that
other
laboratories have only shown individually; were already
incorporated in EEStor's technology; and,
7. Apparent
controllable parameters of CMBT ceramic/polymer dielectrics
that
can be optimized for other markets; in addition to Energy Storage.
Mr. Galvagni
commented, "The significant change of one of the metrics for
EEStor's process should not detract from other key accomplishments. A
recent study, "Polymer Nanocomposites for Electrical Energy
Storage", Qing Wang and Lei Zhu., Journal of Polymer Science,
Polymer Physics, No 49 (2011), summarized the current status of
dielectrics composed of ceramic in polymers. In reviewing the 39
referenced papers, they showed that while many have achieved portions
of what EEStor has, in my opinion, none have achieved as many of the
properties under control as EEStor. EEStor has retained
mechanical flexibility at lower concentrations where it maximizes the
permittivity and appears to be the only capacitor using the
paraelectric format. EEStor has already accomplished in total,
what each of the dozens of academic researchers has done in part and
then added some."
"EEStor appears
to be the first to utilize the paraelectric phase of BT in a
ceramic/polymer dielectric. Sample 253D (2) exhibits Dissipation
Factor ("DF") and leakage current which shows significant
technological breakthrough of one portion of a system that EEStor has
extended to some very interesting and remarkable areas. In samples of
the current dielectric formulation, EEStor has achieved permittivity
in the millions with significant amounts of CMBT present and has been
able to demonstrate control of the parameters, such as DF, which
is, in my opinion, a breakthrough not anticipated by the rest of the
field. It is the whole picture that must be considered."
Mr. Galvagni
reiterated that notwithstanding all the progress at EEStor,
the important parameter still to be demonstrated and certified is
energy density.
About ZENN Motor
Company Inc.
The Company's goal is
to be the provider of leading edge power storage solutions and
related technologies to the automotive industry.
Technologies and
solutions, powered by EEStor's electrical energy storage units
("EESU") have the potential to enable OEM and Tier 1
partners to deliver advanced electric transportation solutions to
their customers. The Company's Technology Agreement with EEStor
provides certain exclusive rights to purchase and deploy EEStor's
EESU technology which has been filed and is available for viewing on
SEDAR at www.sedar.com .
Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
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