DALLAS, April 20, 2005 (PRIMEZONE) -- TalkingStocks.com has issued a new Profile Report on ZAP (OTCBB:ZAPZ) covering the recent regulatory approval and clearance which allow it to begin importing and selling the high-efficiency Smart Car from Europe. The report is authored by TalkingStocks.com Investment Analyst Shailesh Dhuri, CFA.
In the report Mr. Dhuri writes, "ZAP recently announced that it has cleared all regulatory hurdles for the launch of its `Smart Car' in the U.S., where it already has advance orders worth $750 million for this European vehicle. This is an excellent indication of the rising popularity of high-efficiency vehicles in America. This enormous figure suggests there is a significant pent-up demand for these vehicles."
Mr. Dhuri continued, "We believe current oil economics favor the increased use of electric cars for traveling short distances, such as in the city or areas no more than a few miles away. If this trend continues, companies which focus on selling quality high-efficiency cars will benefit the most."
To view the report, please visit: http://talkingstocks.com/reports/ZAPZ_042005.php
About ZAP
ZAP, Zero Air Pollution(R), has been a leader in advanced transportation technologies and energy products since 1994. ZAP serves the multibillion-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 advanced technology vehicles to customers in more than 75 countries around the world.
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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. Disclosure: Pentony Enterprises LLC and TalkingStocks.com LLC have been compensated $3,000 for issuance of this profile by ZAP. Neither of our companies are registered investment advisers or broker/dealers. TalkingStocks.com, LLC and Pentony Enterprises, LLC makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable.