WASHINGTON, DC -- (Marketwire) -- 08/13/09 -- Electric vehicle pioneer ZAP (OTCBB: ZAAP)
announced today the company has been awarded a contract to supply the
Federal Aviation Administration (FAA) with a fleet of its popular Zaptruck
XL, a versatile 100% plug-in electric truck. The FAA will take delivery of
the vehicles in September at a major metro center in the Midwest.
ZAP CEO Steven Schneider commented, "This announcement demonstrates
leadership by the Federal Government to move away from oil and gas
consuming vehicles into non-polluting, emission-free, more economical
transportation." Schneider indicated the company has been responding to a
large number of municipal and governmental RFQ's for vehicles of a similar
nature. "We've been delivering to cities, counties, hospitals, colleges,
park districts, corporations, small businesses and now we're pleased to be
providing them to the Federal Government. ZAP's product strategy is paying
off because we have affordable models available for delivery in an era when
electric car demand has never been greater."
Schneider said the initial order for seven Zaptruck XLs was placed through
one of ZAP's specialty dealers, a certified SDVOSB (Service-connected
Disabled Veteran Owned Small Business) supplier in Southern California.
In June ZAP shipped Zaptruck XLs to a U.S. military base.
About ZAP
ZAP has been a leader in electric transportation since 1994, delivering
over one hundred thousand vehicles to consumers in more than seventy-five
countries. ZAP manufactures a line of electric vehicles, including electric
city-cars and trucks, motorcycles, scooters, and ATVs. ZAP sells some of
the only electric city-speed cars, trucks and vans in production today and
is developing a freeway capable electric vehicle called the ZAP Alias.
Forward-Looking Statement
This press release contains forward-looking statements. Investors are
cautioned that such forward-looking statements involve risks and
uncertainties, including, without limitation, continued acceptance of the
Company's products, increased levels of competition for the Company, new
products and technological changes, the Company's dependence upon
third-party suppliers, intellectual property rights, and other risks
detailed from time to time in the Company's periodic reports filed with the
Securities and Exchange Commission.
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