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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 47.27+12.5%Jan 2 4:00 PM EST

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To: da_cheif™ who started this subject9/22/2004 5:42:29 PM
From: da_cheif™   of 207568
 
VLNC NEWS

detnews.com

SEE THIS DURING THE SUMMER

FIRST WINDSTOR SYSTEM INSTALLATION SCHEDULED FOR JULY, 2004

BRIGHTON, MICHIGAN – June 17, 2004

McKenzie Bay International Ltd. (OTC:MKBY.PK) has signed an agreement with the University of
Quebec Abitibi-Temiscamingue “UQAT” in Rouyn-Noranda, Quebec, Canada for the installation of a full
WindStor SM System including a DERMOND Vertical Axis Wind Turbine “DWT SM” that will function
as a combined research & development facility and demonstration installation for off-grid, remote access,
locations.

The installation will be on UQAT grounds and WindStor components include a ground mounted DWT 100
kW equipped with an ABB (NYSE:ABB) generator, Sumitomo Drive Technologies Ltd gearbox, Valence
Technology Inc (NASDAQ:VLNC) K-Charge battery, system integrator and turbine controller developed
by Envitech Inc, and a diesel generator. Site preparation has begun and all components have been ordered.
Siemens Westinghouse (NYSE:SI) will review the maintainability of the WindStor System throughout the
assembly, July installation and commissioning.

The Agreement calls for integration of UQAT’s engineering department with DERMOND INC. (wholly
owned McKenzie Bay subsidiary) professionals to participate in the evaluation, analysis and research of the
WindStor System and DWT for testing and identification of future improvements. UQAT representatives
have expertise in education and research in the field of applied sciences.

“This Agreement represents a great opportunity for UQAT to participate in the advancement of an exciting
new industry for electricity generation.” stated Mrs. Johanne Jean, Rector of UQAT. “Work programs
involving researchers, teachers, and UQAT personnel will provide a meaningful, hands-on, learning
experience to those students pursuing careers in this new industry.“

“We are very pleased to announce the Agreement to install our first WindStor System and DWT. As a
multi-purpose installation, it will provide several benefits to all parties concerned.” stated Gary Westerholm,
McKenzie Bay President. “This installation will deliver a message to the marketplace that McKenzie Bay
has taken the important first step towards commercialization of WindStor and DWTs.”

WindStor SM is a “Green Energy” electricity management system that provides customers with electricity at
fixed, long-term, rates by generating electricity at the customer’s location with a DERMOND Wind Turbine
“DWT SM” and storing excess electricity in a battery for distribution in peak demand periods with a
proprietary “System Integrator”.

detnews.com
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