Alpha Lujo Enters Into Share Exchange Agreement With Electric Vehicle Battery Manufacturer, Zentric, Inc.; Alpha Lujo's CEO Named Zentric's President and Director

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Source: Marketwire

PHOENIX, AZ -- (Marketwire) -- 07/26/11 -- Alpha Lujo, Inc. (OTCBB: ALEV) (OTCQB: ALEV) announced today that it has entered into a Share Exchange Agreement with Zentric, Inc. (OTCBB: ZNTR) (OTCQB: ZNTR). William Tien, CEO of Alpha Lujo, will also serve as President and Director of Zentric, Inc.

Mr. Tien remarked, 'I am pleased to complete the Share Exchange Agreement and to be appointed President and Director of Zentric. Zentric will start to provide and supply Alpha Lujo with batteries by the end of 2011.'

To view Alpha Lujo's news website, please go to: www.alphalujo.com.

For further information on Zentric, please go to: www.zbatt.com.

Forward-Looking Statements: Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as 'may,' 'will,' 'should,' 'could,' 'expects,' 'plans,' 'intends,' 'anticipates,' 'believes,' 'estimates,' 'predicts,' 'forecasts,' 'potential,' or 'continue,' or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

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