Electric Car Pioneer ZAP (OTCBB:ZAAP) Charged Up by California Governor's State of the State Address.California Automaker Delivering Production Electric Cars and Trucks SACRAMENTO, Calif. -- California automotive manufacturer ZAP (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ZAAP ZAAP zSeries Application Assist Processor (IBM) ZAAP Zone Annunciator Alarm Panel (Sprint) ZAAP Z Application Assist Processors ) issued praise for Governor Arnold Schwarzenegger's State of the State Address The State of the State Address (alternatively Condition of the State Address) is a speech customarily given once each year by the governors of most states of the United States. in which he ordered a 10 percent reduction in motor vehicle emissions of greenhouse gases, mainly carbon dioxide carbon dioxide, chemical compound, CO2, a colorless, odorless, tasteless gas that is about one and one-half times as dense as air under ordinary conditions of temperature and pressure. . Among the many reforms proposed by the California Governor, Schwarzenegger calls for a new generation of alternative fuels, including an order to add more electric and ethanol powered vehicles to the state's fleet. "Our cars have been running on dirty fuel for too long," said Governor Schwarzenegger. "Our country has been dependent on foreign oil for too long. So I ask you to set in motion the means to free ourselves from oil; to free ourselves from OPEC OPEC: see Organization of Petroleum Exporting Countries. OPEC in full Organization of the Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its ." ZAP is now delivering electric cars and trucks that meet U.S. Department of Transportation standards. The Santa Rosa, California Santa Rosa is the county seat of Sonoma County, California, USA. As of January 1 2007, the population of Santa Rosa was approximately 157,985 residents. Santa Rosa is the largest city in California's Wine Country and fifth largest city in the San Francisco Bay Area, after San based company is ramping up fleet sales and dealer distribution throughout the world. At the same time, ZAP has invested in a new Brazilian micro-sports car called OBVIO !, which can run exclusively on ethanol, gasoline or any combination. ZAP also markets a wide range of personal transportation and alternative energy innovations. "For the past 12 years ZAP's mission has been to reduce air pollution, greenhouse gas emissions and dependency on foreign oil," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Steve Schneider. "We are delighted that there is finally the political will to take action. With over 90,000 vehicles delivered, ZAP is doing its part and we look forward to assisting government in achieving these goals." Schneider noted that electric cars are one of the best ways to reduce carbon emissions, but not the only answer. Trees help mitigate greenhouse gas emissions and ZAP is challenging the world to join in planting one million trees by 2010. Learn more by visiting http://www.zaptrees.org. About ZAP ZAP has been a leader in advanced transportation technologies since 1994, delivering fuel efficient vehicles to consumers in more than 75 countries. A publicly owned company, ZAP is at the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, hydrogen, electric, fuel cell, alcohol, hybrid and other innovative power systems. ZAP is also offering Portable Energy technology that manages power for mobile electronic devices like cell phones, PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM). , MP3/iPod, laptop computer, digital cameras and more. For purchasing, dealer and investor information, call 707-525-8658 or visit http://www.zapworld.com. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. 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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