Powin Corporation Hires Zhen Chen as Chief Operating Officer of Powin Energy And Terry Davis as Vice

Powin Corporation Hires Zhen Chen as Chief Operating Officer of Powin Energy And Terry Davis as Vice President of Marketing and Sales

TUALATIN, Ore.--(BUSINESS WIRE)-- Powin Corporation (OTCQB: PWON), a Tualatin, Oregon-based OEM and direct manufacturer for some of America's best-known wholesalers and retailers, including Walmart, Freightliner, LiteSolar and Camp-Chef, announced today that it has added two highly accomplished industry leaders to its management team.

The company has hired Zhen Chen as Chief Operating Officer of its wholly owned subsidiary, Powin Energy (www.powinenergy.com). Mr. Chen has more than 12 years' of experience in the international energy business as a scientist, researcher, team leader, system designer and inventor. Most recently, he was Chief Engineer for Revolt Technology LLC. He holds 15 patents in battery and fuel cell technology and is a published expert in the energy storage field. At Powin Energy, he will be responsible for product development from concept to prototype design, testing and system validation, and for manufacturing and supply chain management.


"Zhen Chen is highly respected and accomplished in renewable energy technology and we are tremendously excited that he is joining our Powin Energy team," said Jeanne Liu, President of the Powin Corporation. "Zhen's unique talent and expertise will serve us well as we develop, and deliver, new products in the energy storage and electric vehicle markets."

In addition, the company has appointed Terry Davis as Vice President of Sales and Marketing. Davis has more than 30 years of leadership experience in technology marketing and business development, including three years with Vestas Americas Wind Technology, a world leader in wind energy. He will lead all of Powin's sales and marketing efforts in OEM, direct manufacturing and renewable energy products.

"Terry brings us a wealth of experience in technology marketing and distribution, most recently in the renewable energy field," said Joseph Lu, Chairman and CEO of Powin Corporation. "He is well qualified to lead our aggressive sales strategies for contract manufacturing and our proprietary Powin Energy technologies."

Powin Corporation (www.powin.com) trades under the symbol "PWON" on OTCQB, the OTC market tier for companies that report to the SEC or a U.S. banking or insurance regulator. Investors can find Real-Time quotes and market information for the company at http://www.otcmarkets.com/stock/PWON/quote.



MAP Communications
John Mangan, 503-219-9294
john@map-communications.com
or
Powin Corporation
LeeAnn Zhao
leeannzh@powin.com

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