ZAP (OTCBB: ZAAP)
SANTA ROSA, CA–(MARKET WIRE)–Dec 20, 2006 — Alternative transportation pioneer ZAP (OTCBB:ZAAP.OB – News) has been allowed a design patent by the U.S. Patent and Trademark Office for its ZAPPY3 line of electric personal transporters.
The ZAPPY3 is an advanced, three-wheeled version of the ZAPPY electric scooter ZAP engineered in the ’90s. The ZAPPY3 utilizes an advanced hub-motor built into the front wheel, helping increase the overall efficiency. ZAP has improved the original design since its introduction in 2005 and rolled out two additional models this year. The ZAPPY3 EZ seated version comes with a comfortable seat and large basket, and the ZAPPY3 PRO has been designed with a more powerful drive system for industrial applications like security and warehousing. Useful features have been added, like a horn, light and basket.
ZAP holds 17 patents on its advanced technology vehicles. This year marked a milestone for ZAP with the introduction of the first (and only currently available) 100 percent electric, DOT approved, highway-legal cars and trucks in the U.S., the XEBRA sedan and truck. ZAP also carries electric dirt bikes, ATVs, SEASCOOTERS and more.
About ZAP
As an innovative leader in advanced electric and fuel-efficient transportation technologies since 1994, ZAP is working in the development of electric, hydrogen, fuel cell, alcohol, hybrid and other innovative power systems. Over 90,000 vehicles have been delivered to customers in more than 75 countries. For more information, please 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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Contact:
Contacts:
Eveline Souza
Media Relations
707-525-8658 x 216
esouza@zapworld.com
Tony Collins
Investor Relations
(877) 990-1122
investor@zapworld.com
Source: ZAP
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