Robust Order Book Reflects Bright Future! ZAP has a robust position with backlogged orders. It had over $1 billion in backlog at the end of 1Q2006, which is primary attributable to orders received from auto-dealer purchase contracts for the Smart Cars Americanized for the company. As of March 31, 2006 the backlog for consumer products stood at $39,700. The company is expected to retain these orders and make timely deliveries. It also sold 270 units of Smart car in 1H06 and had confirmed orders for another 50 units to be delivered in the coming quarter. 500 units of XEBRA have been ordered from Shandong Jindalu expected to be delivered within the remaining quarters of 2006 and 1Q07.
For more information, visit http://www.zapworld.com .
Source: ZAP
Contact: ZAP
Alex Campbell, 707-525-8658 ext. 241
acampbell@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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