ZAP Jonway Appoints Chief Operating Officer in U.S.


SANTA ROSA, Calif., June 25, 2012 (GLOBE NEWSWIRE) -- Automotive pioneer ZAP Jonway (OTCBB:ZAAP) appointed veteran technology executive Charles Schillings as Chief Operating Officer to lead U.S. and International operations.

The New Chief Operating Officer (COO) "Chuck" Schillings has previous operating experience in telecommunications and semiconductor technologies as former CEO of Strasbaugh. Schillings's background is financial and he has had extensive sales and marketing experience selling to large Asian technology companies. At ZAP, he will oversee U.S. operations and support ZAP and Jonway Auto's international partnerships as well as support for the sales and marketing activities.

Mr. Schillings currently serves on the Board of Directors for Strasbaugh, where he was President & CEO from 2005 to 2010. He also held executive management positions at Strasbaugh subsidiary R. H. Strasbaugh between 1994 and 2001, including Marketing, Sales, President and CEO. He led the  business development and sales in Japan and other parts of Asia, working with companies like Fujitsu, Hyundai, Samsung, NEC and others, increasing revenues from a start-up to more than US$40 million annual sales.

Schillings' prior experience includes mortgage securities, running a non-profit organization as well as due diligence analysis at a securities broker-dealer. He holds an M.S.B.A. in International Business from San Francisco State University and a B.S. in Business Finance with an Economics Minor from San Diego State University.

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 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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