ZAP (NYSE arca: ZP)
Only Electric Cars Available on the Market Displayed at Sacramento From November 9 to 12. Test Drives to Media by Appointment
SACRAMENTO, CA–(MARKET WIRE)–Nov 6, 2006 — Lightning up Sacramento International Auto Show, ZAP (NYSE Arca: ZP) is showcasing its unique electric cars from November 9 to 12 at the Cal Expo. The Xebra Sedan and PK pickup truck will represent the large line of affordable ZAP electric vehicles at the alternative transportation exposition.
ZAP says that electric vehicles are a great alternative to higher costing gas cars. The Xebra is an all electric ‘city-car’ that has 90 percent less emission than standard gasoline cars and plugs into any 110V household outlet. It costs 3 cents per mile of electricity and it is the only affordable electric car available on the market today.
“ZAP believes that affordable electric cars can change the way people drive. Now, people driving expensive gas cars have the choice to drive innovative and clean air electric micro-cars,” says the CEO of ZAP Steven Schneider.
The Xebra PK is an electric pickup truck designed for multi purpose use. The pickup configuration converts into a flatbed or dump bed. According to the CEO Steven Schneider the truck “is sparking a lot of interest. There is no place in America that you can get an electric truck and we have it.”
ZAP is setting up a network of licensed dealers throughout the country as part of its business strategy. The company has recently set up a dealer agreement with Big Kid Toys (www.bigkidtoys.com) in Napa, which will be representing ZAP in the Sacramento International Auto Show and will be selling the Xebra electric cars in the area. Vehicles are now in stock and ZAP is accepting dealer applications.
The public will also be able to see and try the Power System line of electric personal transportation. The famous ZAPPY3 standing up scooters, the BUZZZ mini ATV, the electric dirt bike MUD-E and the ZAP SEASCOOTER will be featured in its display booth as well. They are all electric and provide entertainment and functionality to the entire family.
About ZAP
ZAP, Zero Air Pollution, 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.
Contact: Eveline Souza – Media Relations (707) 525-8658, x 216 esouza@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, ext 216
esouza@zapworld.com
Source: ZAP
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