SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ZAP - 'Zero Air Pollution' vehicles

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: jmhollen2/26/2005 3:48:44 AM
   of 201
 
ZAP to Display With Fuel Cell Partner Anuvu at Hydrogen Conference in Santa Fe, February 17-18

SANTA FE, N.M., Feb 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- Advanced
transportation pioneer ZAP (OTC Bulletin Board: ZAPZ) announced today that it
will be attending the "First Annual International Hydrogen Energy Implementation
Conference" with technology partner Anuvu, Incorporated, February 17 and 18 in
Santa Fe, New Mexico.

ZAP is in Santa Fe to promote its partnership with Anuvu towards developing
hydrogen fuel cell powered vehicles. ZAP is showcasing its newest vehicles,
including the Smart Car Americanized by ZAP, its new electric ATV, and its
newest scooter, the 3-wheeled ZAPPY3.

The event is sponsored by the New Mexico Hydrogen Business Council and is being
held at the Radisson Santa Fe-Hotel Plaza Real. The conference features rides
and demonstrations of fuel cells and fuel cell powered vehicles as well as
educational presentations on the potential of hydrogen. New Mexico Governor Bill
Richardson is an outspoken proponent of fuel cell technology.

"When you talk about win-win propositions, fuel cell technology is one of the
best," said Gov. Richardson. "It creates two very important things: cleaner,
renewable energy, and jobs."

ZAP calls Anuvu's fuel cell systems "fuel cell hybrids" because they run on both
hydrogen and electricity, like the gasoline-hybrids currently on the market.
Unlike the gasoline hybrids, the by-product of Anuvu's technology is water vapor
and nitrogen, classifying it as a "zero emission vehicle."

In December ZAP signed an exclusive distribution agreement with Anuvu of
Sacramento, California for its patented Power-X(TM) hydrogen fuel cell engine
systems. According to Anuvu, ZAP's purchase order for the Power-X(TM) PEM fuel
cell engine is the largest in fuel cell history. The two Northern California
companies are working to be the first to begin delivering production fuel cell
vehicles later this year. CEO Steve Schneider claims it is another opportunity
to take the lead in introducing automotive innovations into the marketplace for
ZAP, which helped pioneer the market for electric cars, scooters and bicycles.

About Anuvu

Anuvu Incorporated, a California corporation founded in 1994, is a fuel cell
company that designs and manufactures fuel cell stacks, fuel cell engines and
systems, and provides custom solutions for a variety of clients. Anuvu is
prepared to provide whatever part of the fuel cell technology your ZAP might
require. Current clients acquire stacks and balance of plant technology for
development projects around the world. Recent projects have included design and
development of fuel cell/battery hybrid engines for a variety of vehicles and
boats, as well as a robust system designed specifically for education and
research at the university level. Additional areas of interest include off grid
power applications. For more information, visit anuvu.com.

About ZAP

ZAP has been a leader in clean transportation technologies since 1994,
delivering more than 85,000 vehicles to customers in more than 60 countries. A
public company, ZAP is traded on the Over-the-Counter stock exchange under the
symbol ZAPZ. The company offers a variety of advanced technology vehicles,
including electric cars, bicycles, scooters, motorbikes, underwater scooters and
more. For more information, visit zapworld.com or call 707-525-8658 ZAP is not affiliated with, or authorized by, smart gmbh, the manufacturer of
SMART automobiles, or the smartUSA division of Mercedes-Benz LLC, the exclusive
authorized U.S. importer and distributor of those vehicles. ZAP purchases its
vehicles from non-affiliated direct importer Smart-Auto LLC.

SOURCE ZAP
CONTACT: ZAP Media Relations, Alex Campbell, +1-707-525-8658, ext. 241, or
acampbell@zapworld.com, or ZAP Investor Relations, Steven Kim, +1-707-525-8658, ext.
298, or skim@zapworld.com; or Anuvu Contact, Craig Newhouse, Ph.D., +1-916-921-7040,
ext. 204, or craignewhouse@anuvu.com
URL: prnewswire.com
zapworld.com
.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext