Wednesday, May 02, 2007

CNBC's 'Power Lunch' to Interview ZAP (OTCBB: ZAAP) Electric Car CEO at 9:45 AM PDT

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Technology won't achieve ANY goal unless we get started now.


SAN FRANCISCO, May 1, 2007 - Steve Schneider, CEO for electric car pioneer ZAP (OTCBB: ZAAP), is scheduled to appear on CNBC's "Power Lunch" today at 9:45 AM PDT.

Based in Santa Rosa, California, ZAP is a leader in advanced technology vehicles and one of the first companies to sell city-speed electric cars in the US. The publicly owned company recently introduced an innovative electric car and truck called the XEBRA (pronounced 'zebra'), manufactured through a strategic partnership with a Chinese automaker. Targeted towards fleets and multi-car families, the XEBRA travels up to 40 MPH, plugs into a normal household outlet, and is now available through ZAP (click on) authorized dealers for about $10,000.

A 25-year veteran of the automotive industry, Schneider is leading the charge for ZAP to develop a full line of advanced technology vehicles, including a venture to develop next generation electric cars with Lotus Engineering. ZAP has also established a network of licensed automotive dealers to provide sales and service for buyers of alternative fuel vehicles.