ZAP (NYSE arca: ZP)
ZAP Signs Distribution Deal With Nation’s Largest Material Handling Distributor
SANTA ROSA, CA–(MARKET WIRE)–Oct 20, 2006 — ZAP (NYSE Arca: ZP) has inked a deal to make its critically acclaimed ZAPPY3® PRO available through a new distribution partner, Indoff (http://www.indoff.com).
With a sales force of over 150 dealers nationwide, Indoff is the nation’s largest Material Handling distributor servicing the warehousing, factories, facilities management, and construction industries. Jim Malkus, President of Indoff, remarked: “Indoff sees a significant untapped market opportunity with the ZAPPY3 PRO for warehousing and facility transportation. The ‘PRO’ helps make our clients better at what they do and that’s good for Indoff.”
With more torque than most “personal transporters” on the market, the “PRO” can travel speeds up to 14 mph and can go up to 25 miles on a charge, about 7-8 hours of intermittent use — which translates into a full working day. ZAP’s design offers stability unmatched in personal transportation, with a tight turning radius that works well with indoor and outdoor terrain, even elevators.
Since its product launch in August, ZAP has seen an increasing interest for the ZAPPY3 PRO from industrial clients. As business becomes more global, warehousing will play a larger role in the infrastructure of the US economy.
“The PRO is the missing transportation link between man and heavy industry,” says Steve Schneider, ZAP’s CEO. “Indoff is a new breed of strategic partner for ZAP and extends ZAP’s reach into this burgeoning industrial market.”
About ZAP
ZAP has been a leader in advanced transportation technologies since 1994, delivering nearly 100,000 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.
About Indoff
Since 1971 Indoff has been a leader in developing and furnishing Material Handling Systems and integrating various types of equipment in many diverse industries. With nationwide sales, engineering services, and installation capabilities, Indoff can coordinate any requirement. For more information, visit http://indoff.com.
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Contact:
Contact:
Eveline Souza
Media Relations
(707) 525-8658 x 216
esouza@zapworld.com
Source: ZAP
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