Feel Good Cars Corporation

Feel Good Cars Corporation

November 01, 2006 10:35 ET

Feel Good Cars Announces Commencement of Delivery of Vehicles; Company Re-Branding Underway

TORONTO, ONTARIO--(CCNMatthews - Nov. 01, 2006) - Feel Good Cars Corporation ("FGC" or the "Company") (TSX VENTURE:ZNN) is pleased to announce that it has commenced delivery of production ZENN vehicles to its retailer network. The first ZENN shipments were delivered to several retailers late last week. The Company's initial allotment to retailers will be in showrooms of all current FGC retailers by the end of November 2006.

"The delivery of ZENN vehicles to our retailer network marks a significant milestone for the Company. The ZENN is the first urban all-electric vehicle in the market today that truly provides consumers with a 'no compromise' transportation solution." said Dennis Hancock, Vice President of Sales and Marketing for the Company.

"With significant interest for the ZENN in our key markets, these first shipments will be a great reward for our retailers, including a number who placed their initial order for vehicles as far back as May of this year and who have reported many of the initial shipments being pre-sold to end customers." added Hancock.

The ZENN is a fully-featured 2 seat electric vehicle with all the comfort of a conventional car. The hatchback design includes 13 cubic feet of covered, lockable storage space. With a quiet efficient electric motor, no oil changes or filters, and no emission tests or inspections, the ZENN lets you drive worry-free with a minimum of maintenance hassle and expense.

In conjunction with the celebrated delivery milestone announcement, the Company is also announcing plans to re-brand the business of its Feel Good Cars Inc. operating subsidiary, as ZENN Motor Company (ZMC).

"The name 'Feel Good Cars' has served us well during the past five years in garnering peoples' interest and curiosity. Our value proposition, the ZENN - 'Zero Emission, No Noise' principle, is clear and we want to reflect this value with greater emphasis in our branding efforts going forward. Our goal is to establish ZENN as a global brand", stated Ian Clifford, Chief Executive Officer of the Company. "The name ZENN Motor Company better reflects our direction and mandate for future product lines and is accessible in multiple languages and cultures. Going forward, you will see us referred to as ZENN Motor Company as a marketing style. It is our intention to pursue the necessary legal, regulatory and shareholder permissions to change the legal name of the Company as well".



Headquartered in Toronto, Canada, Feel Good Cars Corporation, through its wholly owned subsidiary Feel Good Cars Inc. doing business as ZENN Motor Company is dedicated to producing zero-emission transportation solutions for global markets, including the revolutionary ZENN, a perfect new urban vehicle. The ZENN recently won the gold medal for urban vehicles in the coveted Michelin Challenge.

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