StockGuru News: Highest eBay Bidder Wins ZAP Electric Car

Highest eBay Bidder Wins ZAP Electric Car ZAP (NYSE arca: ZP) Driver Gives Up Jaguar and Big Truck to Go “All Electric” SANTA ROSA, CA–(MARKET WIRE)–Oct 2, 2006 — A Massachusetts man joined nearly 8 thousand other eBay users in a bidding war to win the only electric city car available for sale in the United States. ZAP (NYSE Arca: ZP) says Steve Palmer paid $10,800 dollars for its new XEBRA sedan, which plugs in to any household electrical socket, puts out 90 percent fewer emissions than the standard car and eliminates those expensive monthly gas bills. According to Palmer, he’s been trying to find an all-electric vehicle for more than a year. He paid about eight hundred dollars more than he would through a ZAP dealer. “I really wanted the car so my family and I could enjoy this newest technology.” Palmer knew he would get his car more quickly by being the highest bidder. The XEBRA is a pod shaped car that comes in two models. The sedan fits four people. The XEBRA PK is a pickup truck that fits two and has a bed that can convert to a flat bed and is an excellent vehicle for in-town multi purpose use. According to ZAP CEO, Steven Schneider, “We are delivering to dealers around the country, but the XEBRA is so popular some dealers have sold out before the vehicles even arrived.” The XEBRA is just one of many alternative vehicles and products that have contributed to ZAP’s revenues this year. ZAP reported revenues of $7.3 million for the first six months of 2006, an increase of $5.2 million or 247 percent over the previous year. You can get a ZAP vehicle or product by contacting a ZAP dealer or going to ZAP’s web site (www.zapworld.com). You can bid on the next ZAP car that will be listed on eBay in upcoming weeks. To access the XEBRA bid on eBay go to: http://cgi.ebay.com/ebaymotors/ws/eBayISAPI.dll?ViewItem&rd=1,1&item=270028 832735&ih=017&sspagename=STRK%3AMESO%3AIT About ZAP ZAP has been a leader in advanced transportation technologies since 1994, delivering over 90,000 vehicles to consumers in more than 75 countries. ZAP is at the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, alcohol, hybrid and other innovative power systems. For more information, visit http://www.zapworld.com. Forward-Looking Statements Statements in this press release that relate to future plans or projected results of ZAP are ‘forward-looking statements’ within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the “PSLRA”), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such statements fall under the ’safe harbor’ provisions of the PSLRA. ZAP’s actual results may vary materially from those described in any ‘forward-looking statement’ due to, among other possible reasons, the continued acceptance of ZAP’s products, increased levels of competition, new products and technological changes, ZAP’s dependence on third-party suppliers, intellectual property rights, and the realization of any of the other risks described in ZAP’s Annual Report on Form 10-KSB, or in any of ZAP’s other filings with the Securities and Exchange Commission. Readers of this press release are cautioned not to put undue reliance on forward-looking statements. Contact: Contact: Eveline Souza (707) 525-8658, x216 esouza@zapworld.com Source: ZAP View the StockGuru Profile for ZAP: http://www.stockguru.com/profiles/zp/ We Invite you to Visit the All New StockGuru Blog! Here you will find updates on all our covered companies, including Profiled Companies and StockGuru Picks. Click HERE to visit the Blog, or go to: http://stockguru.com/blog/ StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (214) 458-4258. Web: StockGuru.com. Email: Publisher@stockguru.com. Disclosure: Pentony Enterprises LLC was compensated $25,000 for profile coverage. Pentony Enterprises LLC is not a registered investment adviser or broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.