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StockGuru Blog: ZAP – Been There! Done That! U.S. Department of Energy Gets on Board

ZAP ZP (ZAAP.OB)
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ZAP – Stands for Zero Air Pollution

The world needs Zero Air Pollution more than ever and that’s what ZAP delivers!

ZAP has been delivering the hydrogen and fuel cell car to the United States ahead of the Department of Energy’s addressing the issue. Now the DOE is catching up with ZAP, and hydrogen is now a key component of the DOE’s long-term energy and environmental security strategy. Under the AEI, President Bush’s FY 2007 budget requests $215 million for hydrogen research and development, a 55 percent increase from 2006. The DOE will deliver a biennial report to Congress describing committee recommendations, how DOE will implement those recommendations, as well as a rationale for recommendations that might not be implemented.

The recomendations will be supported by the Department of Energy’s (DOE) new Hydrogen and Fuel Cell Technical Advisory Committee (HTAC). HTAC will advise the Secretary of the DOE on issues related to the development of hydrogen and fuel cell technologies. HTAC will provide recommendations regarding DOE’s programs, plans, and activities, as well as safety, economic, and environmental issues related to hydrogen.

Secretary Bodman said, “Receiving candid advice from this committee is one of the many ways we are working to meet the President’s goal of moving toward a hydrogen economy and reducing our dependence on foreign sources of oil.”

The 25 selected members comprise a balanced committee of both technical expertise and stakeholder viewpoints. HTAC membership includes representatives of domestic industry, academia, professional societies, government agencies, financial organizations and environmental groups, as well as experts in the area of hydrogen safety.

ZAP is supplying the cars to the United States market that factor carbon dioxide emissions into the relationship the consumer has with global wellbeing. They have empowered to individual consumer to truly make a difference.

Source: Dow Jones Newswires and Zap Automotive

For more information, visit http://www.zapworld.com .

Source: ZAP
Contact: ZAP
Alex Campbell, 707-525-8658 ext. 241
acampbell@zapworld.com

http://www.ZAPworld.com

501 4th St.
Santa Rosa, CA 95401
Phone: 707-525-8658
Fax: 707-525-8692

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.

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