ZAP 'Shifts Gears' with Manufacturing, Says CEO

SANTA ROSA, Calif., July 28 -- Electric vehicle pioneer ZAP (BULLETIN BOARD: ZAPZ) is "shifting gears" from being a manufacturer to becoming a marketing and distribution company for advanced transportation technologies, says CEO Steve Schneider.

In an interview with www.WallStreetReporter.com last week, Schneider spoke at length about the changes taking place at ZAP. While ZAP was founded in 1994 to manufacture and market two-wheeled personal electric vehicles like electric bicycles and scooters, he said that the future of the company is in marketing and distribution. He also emphasized that ZAP is "adding two more wheels to the equation" by entering into the electric automobile market.

Schneider said that ZAP is creating relationships with manufacturers around the world to build a distribution network for advanced transportation technologies, including battery, hybrid, fuel cell and photovoltaic technologies. Schneider cited distribution agreements already in place with companies like Daka Development for the SEASCOOTER(TM) and World Alternative Transport Technologies, Corp. for the new ZAP L.U.V.(TM) neighborhood electric cars. Schneider says ZAP is in discussion with other manufacturers to continually bring new vehicles and new transportation technologies into its distribution network.

Schneider's audio interview will be archived at www.WallStreetReporter.com through Wednesday, July 30, 2003.

About ZAP

ZAP, which stands for Zero Air Pollution(R), has delivered more than 80,000 electric vehicles to customers in more than 60 countries. ZAP is traded on the Over-the-Counter Bulletin Board under the symbol ZAPZ. The company is recruiting auto dealers and other types of retailers around the world to join its distribution network. For more information on become a ZAP dealer, visit www.zapworld.com or contact ZAP Dealer Development at 707-525-8658.