LOS ANGELES, April 29, 2005 (PRIMEZONE) -- SmallcapInsights.com, http://www.SmallcapInsights.com, the online source for exclusive commentary, research, interviews and other key investor information, has announced the availability of an online interview with Steve Schneider, CEO of ZAP (OTCBB:ZAPZ), a pioneer in the next generation of advanced transportation and energy technologies.
In the online interview, Mr. Schneider discusses the recent federal approval of the Smart Car, and potential markets for ZAP's technology and solutions in addition to the Mercedes-built Smart Car. "This is the moment that ZAP has been waiting for," he said. "What it really means is that we're actually legal to start selling cars in 45 states in the U.S. It's noteworthy to understand that the technology that we own is not specific to just the Smart Car. The Americanization process and the technology to make the car meet the federal safety and emissions standards, which is part of the unique thing that ZAP possesses, is available for other automobiles. Consequently, other manufacturers that would like to enter into the American marketplace but have not been able to now are approaching us to see if we can do the same thing for their vehicles."
Mr. Schneider also described the federal and state governmental benefits and incentives for owners of fuel-efficient or alternative energy vehicles, and the potential impact of those incentives on the marketplace for next-generation transportation.
The streaming audio interview can be accessed at http://www.SmallcapInsights.com. Registration to listen to the interview is free.
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 pollution-free vehicles powered by gasoline, electric, hydrogen and other fuels to customers in more than 75 countries around the world.
ZAP owns the technology developed by Smart-Automobile LLC to Americanize the popular European-made Smart Car, a high-efficiency gas vehicle, for the U.S. 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. The Smart Car is manufactured by global automotive company DaimlerChrysler. ZAP purchases its vehicles from non-affiliated direct importer Smart-Automobile LLC.
The Company's all-electric vehicles include the ZAP Intimidator L.U.V. and ZAP Worldcar neighborhood and urban electric cars, ZAPPY(r) 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 delivers 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 http://www.trilogy-capital.com/tcp/zap/website.html. For investor-specific information, including daily and historical Company stock quote data and recent news releases, visit http://www.trilogy-capital.com/tcp/zap. To read or download the Company's Investor Fact Sheet visit http://www.trilogy-capital.com/tcp/zap/factsheet.html. For recent news coverage of ZAP, visit http://www.trilogy-capital.com/tcp/zap/press.html. To view a video about ZAP, visit http://www.trilogy-capital.com/tcp/zap/video.html.
About SmallcapInsights.com
SmallcapInsights.com provides exclusive commentary, research, interviews and other information about the smallcap investment marketplace. SmallcapInsights.com strives to provide investors with information and research-based data regarding important individual companies and overall marketplace trends. Resources available on SmallcapInsights.com include audio interviews with corporate leaders and respected commentators, as well as technical white papers and other forms of market and investment analysis. It is located at http://www.SmallcapInsights.com.
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Statements made on SmallcapInsights.com may contain forward-looking statements made by senior management of the companies presented here that involve risks and uncertainties, such as statements about plans, objectives, expectations, assumptions or future events. These statements involve estimates, assumptions, known and unknown risks, uncertainties and performances, or achievements expressed or implied by the forward-looking statements. Actual future results and trends may differ materially from those made in -- or suggested by -- statements presented here due to a variety of factors. Consequently, you should not place undue reliance on any forward-looking statements made here. Many of these and other risks and uncertainties are discussed in greater detail in recent filings with the Securities Exchange Commission for the companies that are present by SmallcapInsights.com.
Compensation and Other Disclosures
SmallcapInsights.com is a wholly-owned subsidiary of Trilogy Capital Partners, Inc. Trilogy Capital Partners provides investor relations services to public companies. The companies presented by SmallcapInsights.com are usually clients of Trilogy Capital Partners and compensate Trilogy Capital Partners for these services, including cash compensation and equity securities. In addition, Trilogy Capital Partners and its affiliates may own securities of the presenting companies, and may from time to time purchase and sell securities of these companies in the open market or in private transactions. Trilogy has the following compensation arrangements with ZAP: ten thousand dollars per month for one year. Trilogy has received warrants to purchase from ZAP on or prior to February 15, 2008 two million two hundred fifty thousand shares of common stock of ZAP at prices ranging from three dollars and five cents ($3.05) to four dollars and seventy-five cents ($4.75) per share.