ZAP – ZP
StockGuruProfile Zap
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When we began discussing ZAP last August, 2006, — not so very long ago, it was trading in the seventies. Take a good look at this chart. They have solidified above a dollar.
Stock Guru shared ZAP’s message and our readers made up their mind about this company when we christened our coverage of this company on the move. Now ZAP is moving to the next level and you are invited for the second leg of this ride.
ZAP which stands for “Zero Air Pollution,” has proudly announced that it has immediately released a new company blog located on the Internet at www.zapblogging.com that will enable the company to stay in contact with its existing and potential customers and the financial media while publishing relevant commentary and opinions from around the globe regarding the company’s industry-leading 100% electric vehicle business.
ZAP, which has seen revenues soar to new heights recently, is projecting record sales so far in 2006. With such rapid growth, ZAP needed a way to communicate in real-time with the marketplace, and from that need the new company blog was born.
Automotive pioneer ZAP introduced a new vehicle on August 24th a new milestone in its business plan of creating a brand and distribution network for advanced fueled micro-cars, a market the Company says has driven sales up 376 percent this past quarter on rising oil prices.
ZAP revenues for the first six months of 2006 have surpassed revenues for all of 2005. Second quarter revenues for the three months ended June 30, 2006 were $4.4 million compared to $923,000, an increase of $3.4 million or 376 percent for the same period a year ago. For more information, visit http://www.zapworld.com .
Source: Steve Schneider, CEO ZAP
Contact: ZAP
Alex Campbell, 707-525-8658 ext. 241
acampbell@zapworld.com
http://www.ZAPworld.com
ZAP (NYSE Arca: ZP)
501 4th St.
Santa Rosa, CA 95401
Phone: 707-525-8658
Fax: 707-525-8692
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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