ZAP Jonway to Host Fourth Quarter and Year-End 2011 Results Conference Call on April 2, 2012


SANTA ROSA, Calif., March 16, 2012 (GLOBE NEWSWIRE) -- ZAP Jonway (OTCBB:ZAAP), a manufacturer of gasoline and new energy electric vehicles (EVs), announced it will hold a conference call on April 2, 2012 at 10:00 a.m. ET (10:00 p.m. in Hong Kong) to discuss its fourth quarter and year-end 2011 earnings results. Earnings results will be filed on March 30, 2012.

Investors in the United States may participate in the call by dialing (877) 280-7473, and international participants may dial (1-707) 287-9370. The conference ID is 59756506. Participants are encouraged to dial 10 minutes prior to the call to prevent a delay in joining. A live webcast of the conference call is scheduled to be available on ZAP Jonway's corporate site at http://www.zapworld.com/Investors.

For those who cannot listen to the live broadcast, a webcast replay of the call is scheduled to be available on the company's website for 90 days. A telephone replay of the call is also scheduled to be available through April 4, 2012. To listen to the telephone replay dial (855) 859-2056 or dial (1-404) 537-3406 outside the United States, and enter pass code 59756506.

About ZAP Jonway

ZAP Jonway combines the attributes of both companies, ZAP and Jonway Automobile, to design and manufacture quality, affordable gasoline and new energy electric vehicles (EVs). With Jonway Automobile's established ISO 9000 manufacturing facilities, research and development and sales and customer services facilities in China, ZAP Jonway is well positioned to scale up production and sales for both gasoline and EVs for China and the international markets. ZAP, an early pioneer of EVs, brings to the new combined company a broad range of EV design experience that is being applied to new product lines. ZAP Jonway is focused on addressing on EV fleets targeting city delivery trucks and vans used by university campuses, government and corporate markets in China and the United States, while utilizing its gasoline vehicle production quantities to gain economy of scale through its common vehicle parts and platforms. ZAP Jonway benefits from the established China dealership and customer support network developed by Jonway Automobile for its China sales and services. ZAP Jonway is headquartered in Santa Rosa, California and its production facility is located in Zhejiang Province of the People's Republic of China. Additional information about ZAP Jonway is available at http://www.zapworld.com.

The ZAP Jonway logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10607



            

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