MISSISSAUGA, Ontario, April 20, 2005 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Glenn Wilkins, an AllPennyStocks.com News Reporter; this one discussing ZAP (OTCBB:ZAPZ), its industry and future prospects.
Wilkins notes that not since the splitting of the atom has something so small created such a stir -- to the point where its manufacturer, DaimlerChrysler, is investing as much emotional and financial capital to build and promote the Smartcar. The vehicle's ergonomic and fuel efficiencies have turned heads worldwide, particularly in Europe, where city roads are narrower than in North America. Its emissions, or lack thereof, have environmentally-minded consumers exhaling (and inhaling) sighs of relief. ZAP, the Santa Rosa, California-based company that has pioneered advanced transportation and energy technologies, and which owns the technology to "Americanize" the Smartcar to meet federal emissions and safety standards, has announced that advanced purchase orders for the German-built microcoupe have recently topped the three-quarter-billion mark in the United States alone, or about $750 million worth.
Wilkins also points out that in late April, ZAP demonstrated where that technology was leading, when CEO Steve Schneider took Santa Ana Mayor Miguel Palido on a test drive from City Hall about three miles (five kilometres), to the company's conversion facility on South Birch Street. The demonstration was aimed at pointing up how little the fuel gauge needle moved, and how clean the Santa Ana air stayed. It was just before the two got into the Smartcar that Schneider announced that his company had cleared the final regulatory hurdle to sell the Smartcar in 45 American states. It could prove to be a major turning point for the company, transforming its stock into investment vehicles just as exciting as the "green" motorized ones the firm produces currently.
The full version of this special report on ZAP can be found at:
http://www.allpennystocks.com/apsc/us/article/zapz_apr_20_2005.htm
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