ZAP and Strategic Partner Advanced Battery Technologies Achieve 300% Increase in Range of ZAP Electric Vehicles; Advanced Battery Technologies Retrofits ZAP Electric Vehicles with High-Performance Lithium Polymer Batteries.SANTA ROSA Santa Rosa, city, Argentina Santa Rosa, city (1991 pop. 80,629), capital of La Pampa prov., central Argentina. It is a modern city and road junction surrounded by a rich agricultural and cattle-raising area. , Calif. -- ZAP (PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. :ZAPZ), pioneering the next generation of advanced transportation and energy technologies, announced today that they have received the first test results as part of their cooperation agreement with Advanced Battery Technologies, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ABAT ABAT 4-Aminobutyrate Aminotransferase ABAT Agent-Based Analytical Tool ABAT Air-Land Battle Advanced Technologies ), a U.S. and Chinese-owned company with factories in Harbin, People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. Under the terms of the strategic partnership agreement, ZAP provided Advanced Battery Technologies (ABAT) with several electric vehicles, including a ZAP low speed vehicle (LSV LSV Laser Surface Velocimeter LSV Low-Speed Vehicle LSV Linear Sweep Voltammetry LSV Logistics Support Vessel LSV Large-Scale Vehicle (US Navy) LSV Light Strike Vehicle LSV Landing Ship, Vehicle (WW II) ). ABAT then retrofitted the ZAP LSV with its next-generation lithium polymer A rechargeable battery technology introduced in the late 1990s that stores less energy per pound than lithium ion, but is more flexible. Lithium polymer uses a gelatinous electrolyte rather than liquid. batteries. Performance test results of the retrofitted vehicle indicate that the LSV range increased from 40 km (25 miles) to 150 km (90 miles) - more than a threefold increase in range. "This test shows promise, but we believe we can still do better," stated Zhiguo Fu, Chairman of Advanced Battery Technologies. "Our engineering team is continuing to work on additional solutions to combine our advanced lithium polymer technology and ZAP's electric vehicles." ABAT's batteries combine high-energy chemistry with state-of-the-art polymer technology, overcoming many of the shortcomings A shortcoming is a character flaw. Shortcomings may also be:
"These excellent results underscore our initial research suggesting that the next-generation solutions developed by Advanced Battery Technologies would result in significant improvements in range of ZAP's electric vehicles," said Steve Schneider, 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. of ZAP. "We believe many of their products will assist us as we continue to expand our electric transportation product line at all levels, from personal to public transportation, including the possibility of producing an electric version of the Smart Car." About ZAP ZAP, Zero Air Pollution(R), has been a leader in advanced transportation technologies and energy products since 1994. ZAP serves the multibillion-dollar markets for next-generation transportation and power products through three divisions: ZAP Automotive, ZAP Personal Transportation and ZAP Energy. The Company has delivered more than 90,000 fuel-efficient and pollution-free vehicles powered by gasoline, electric, hydrogen and other fuels to customers in more than 75 countries around the world. For more information, visit http://www.zapworld.com. For investor-specific information, including daily and historical Company stock quote data and recent news releases, visit http://www.trilogy-capital.com/tcp/zap. To read or download the Company's Investor Fact Sheet visit http://www.trilogy-capital.com/tcp/zap/factsheet.html. For recent news coverage of ZAP, visit http://www.trilogy-capital.com/tcp/zap/press.html. To view a video about ZAP, visit http://www.trilogy-capital.com/tcp/zap/video.html. About Advanced Battery Technologies, Inc. ABAT develops, manufactures and distributes rechargeable Polymer Lithium-Ion (PLI PLI Practising Law Institute PLI Professional Liability Insurance PLI Programming Language Interface (Verilog programming language) PLI Partido Liberal Independiente (Independent Liberal Party, Nicaragua) ) batteries. The Company's products include rechargeable PLI batteries for electric automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies and other personal electronic devices. ABAT's batteries combine high-energy chemistry with state-of-the-art polymer technology, and overcome many of the shortcomings associated with other types of rechargeable batteries. ABAT has accumulated a roster of pending patents for its battery technology and is developing unique energy related products. The Company operates in the highest growth sector of the battery industry, with PLI batteries projected to account for one-fourth of the market for IT and communications devices by 2005. For more information about Advanced Battery Technologies, Inc. (ABAT), please visit: http://www.zqpt.com/zqenglish/index.htm. Cautionary Statement Forward-looking statements in this release are made pursuant to the "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " 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, the fact that development and testing of certain supplier's products may not be completed, 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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