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ZAP Displays Advanced Battery Solutions at CeBIT Digital Technology Trade Show in Germany
Monday March 14, 6:00 am ET
Company Meets with Prospective International Distribution Partners and Suppliers at Major Industry Exposition
HANNOVER, Germany--(BUSINESS WIRE)--March 14, 2005--ZAP (OTCBB:ZAPZ - News), pioneering the next generation of advanced transportation and energy technologies, is currently exhibiting its unique multi-function portable battery to the global marketplace at the CeBIT trade show in Hannover, Germany, March 10-16, 2005. Steve Schneider, CEO of ZAP, made the announcement.
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The CeBIT trade show, one of the world's largest technology industry expositions, focuses on the latest products in several areas of information technology, electronics and other next-generation products. Some 500,000 businesspeople and interested consumers from countries around the world are expected to attend the now-famous exhibition.
"ZAP's participation in the annual CeBIT trade show is an important part of our effort to expand our network of international distributors, as well as our worldwide manufacturing partners and suppliers," said Mr. Schneider. "CeBIT attracts the most important technology innovators and businesses in the world, and that's why ZAP has brought its next-generation energy products. Since we arrived at CeBIT, we've been meeting with many prospective manufacturing partners and suppliers from North America, China and other countries."
ZAP's Portable Energy division has developed a flexible, multi-use battery for electronic products that deliver up to four times the power of typical batteries, to charge or power a variety of devices, including cell phones and laptops. ZAP is a worldwide technology leader in efficient transportation, offering gas-powered vehicles such as the Smartcar, as well as electric cars and personal transportation products.
ZAP recently announced that it has crossed the $100 million threshold for American purchase orders of its Smartcar high-mileage coupe, adding that the volume of purchase orders demonstrates strong U.S. demand for the vehicle. ZAP Americanizes the European-made Smartcar, already a major success throughout Europe, to meet U.S. safety and emissions standards.
About CeBIT
CeBIT offers the world's biggest trade shows for information technology, electronics and other business-to-business products. With 6,270 exhibitors and a display area of 309,000 square meters, CeBIT maintains position as the world's largest IT and telecom trade fair in 2005. Approximately 500,000 attendees are expected at this year's show. In just one and a half decades, CeBIT has grown from its origins as part of the Hannover Fair to become the world's leading event for information technology, telecommunications, software and services.
About ZAP
ZAP, Zero Air Pollution®, has been a leader in advanced transportation technologies and energy products since 1994. ZAP serves the multi-billion-dollar markets for next-generation transportation and power products through three divisions: ZAP Automotive; ZAP Personal Transportation; and ZAP Energy. The Company has delivered more than 90,000 fuel-efficient and pollution-free vehicles powered by gasoline, electric, hydrogen and other fuels to customers in more than 75 countries around the world.
ZAP holds exclusive license from Smart-Automobile LLC to deliver the popular European-made Smart Car, a high-efficiency gas vehicle, to the American marketplace. ZAP "Americanizes" the Smart Car to meet U.S. federal and state safety and emissions standards. The U.S. Environmental Protection Agency and the Department of Transportation have approved a Smart Car model Americanized by ZAP for domestic use in 45 U.S. states. 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-Automobile LLC.
The Company's all-electric vehicles include the ZAP Intimidator LUV and ZAP Worldcar neighborhood and urban electric cars, ZAPPY® Scooters, Mobility Scooters, Bikes and All Terrain Vehicles (ATV). These products offer convenient, dependable and fun transportation that's heavy duty, powerful and noise-free. The ZAP Portable Energy division has developed a next-generation, multi-use battery for electronic products that deliver up to four times the power of typical batteries, to charge or power a variety of devices, including cell phones, digital cameras, DVD and MP3 players, camcorders and laptops. For more information, visit zapworld.com. For investor-specific information, please visit trilogy-capital.com.
Cautionary Statement
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.
Contact:
ZAP
Steven Kim, 707-525-8658, x298 (Investor Relations)
skim@zapworld.com
or
Alex Campbell, 707-525-8658, x241 (Media Relations)
acampbell@zapworld.com |
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