Powin Corporation Receives Trading Symbol “PWON”

Stock Will Trade on Over-the-Counter Bulletin Board

TIGARD, Ore.--(BUSINESS WIRE)--Powin Corporation, a Tigard, Oregon-based OEM manufacturer that supplies companies as diverse as Walmart and Freightliner, today announced that it has received its trading symbol – “PWON” – and has been cleared by FINRA to trade its stock on the Over-the-Counter Bulletin Board (OTCBB). The company’s stock is expected to begin trading within approximately 30 days.

“We are excited that our stock will soon be available to the public nationally via the OTC Bulletin Board”

“We are excited that our stock will soon be available to the public nationally via the OTC Bulletin Board,” said Ronald Horne, CFO of Powin Corporation.

Powin Corporation closed its Initial Public Offering with the Securities and Exchange Commission (SEC) on March 31, 2010 and recently announced its second quarter financial results, which showed increases in revenue and earnings.

Powin’s common stock, which had not previously been available for public trading, will now be quoted and a market price established via the OTCBB. FINRA oversees the OTCBB, which is an electronic inter-dealer quotation system that displays real-time quotes, last-sale prices, and volume information for many over the counter securities that are not listed on a national securities exchange.

Pennaluna Company of Coeur d’Alene, Idaho was the sponsor of Powin’s Section 240.15c2-11 application to trade on the over the counter market and is the market maker for Powin shares. For more information, contact Stan Covey, Pennaluna Company, [phone].

About Powin Corporation

Powin Corporation was founded in Tualatin, Oregon in 1990 by Joseph Lu, a Chinese-American, and has grown into a large international distributor of more than 2,000 “OEM” (original equipment manufacturer) products. Through its relationships with manufacturing plants in China, Powin arranges the manufacturing and distribution of a variety of products designed and sold in the U.S. and throughout the world. Some of the products manufactured and supported by Powin include gun safes, outdoor cooking products, fitness and recreational equipment, truck parts, furniture and cabinets, plastic products and small electrical appliances. The Company works closely with the designers, inventors and marketers of the products to produce and distribute the products. Powin also manufacturers metal products in Tualatin, Oregon through its wholly-owned subsidiary, QBF, Inc. For more information please visit www.powin.com.