ZENN Motor Company Announces Name Change to EEStor Corporation

TORONTO, ONTARIO--(Marketwired - April 2, 2015) - ZENN Motor Company Inc. (TSX VENTURE:ZNN) ("ZENN" or the "Company") announced today that it has changed its name to "EEStor Corporation" to better reflect the focus and activities of the Company. The common shares of the Company will commence trading on the TSX Venture Exchange under the new name, new stock symbol "ESU" and new CUSIP (28201L101) and ISIN (CA28201L1013) numbers at the opening of trading on Monday, April 6, 2015. Common share certificates bearing the old company name, "ZENN Motor Company Inc.", continue to be valid in settlement of trades in common shares and will only be replaced with certificates bearing the new name against transfer. The Company is not requesting and shareholders are not required to exchange their existing common share certificates for new certificates bearing the new company name.

The name change was approved by shareholders at the Company's annual and special meeting held on March 31, 2015. At that meeting, shareholders also ratified the Company's 10% "rolling" stock option plan and shareholder rights plan.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.