SOURCE: ZAP

September 21, 2006 07:00 ET

First ZAP Electric Car Arrives in Boston

ZAP XEBRA Debuts During Mayor's Clean Air Week

BOSTON, MA -- (MARKET WIRE) -- September 21, 2006 -- As Boston Mayor Thomas Menino prepares to host this weekend's "AltWheels Festival" highlighting cutting edge vehicle choices of tomorrow, Zero Air Pollution pioneer, ZAP (NYSE Arca: ZP), has delivered the nation's first commercially viable electric car.

Investment manager, Doug Hart, has purchased Boston's first XEBRA sedan, which is the only production electric car available to the public for under ten thousand dollars. The XEBRA electric city car can travel up to 40 miles an hour and produces 98 percent fewer pollutants than gas cars. The XEBRA became available for delivery after the registration deadline for this year's AltWheels event but mayor Menino's environmental department spokesperson, Laura Bickel, praised ZAP's XEBRA as "the kind of innovative car the mayor had in mind when he proclaimed the city's new policy to start buying only electric, hybrid and alternative fuel vehicles for its city fleet."

Hart says the XEBRA has already sparked interest in the short time its wheels have been on the ground in Boston. "When I drove by the post office there was a group of ladies protesting the war. When they saw my wife and me in our XEBRA, they gave us a standing ovation."

"Many people are complaining about global warming and the price of oil and gas, but I decided to do something about it. In my research I learned one of the best things you can do for the environment is to either drive an electric car or invest in an electric car company. After completing my research, I found that the only affordable electric car was the XEBRA and one of the only public companies was ZAP."

For more information on the XEBRA, ZAP and its other alternative products, visit http://www.zapworld.com.

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.

Contact Information

  • Contact:
    Eveline Souza
    ZAP
    (707) 525-8658, x 216