Archive - Jun 2002

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Electric Bicycle, Scooter Pioneer ZAP Finalizes Mergers With Two Automotive Companies

Submitted by acampbell on Wed, 06/26/2002 - 20:00.

SEBASTOPOL, Calif., June 27 -- ZAP (OTC Bulletin Board: ZAPPQ), the Company that popularized the U.S. market for electric bikes and scooters, announced that July 1, 2002 will be the Effective Date for mergers with Voltage Vehicles and The RAP Group, Inc., two companies specializing in automotive distribution and marketing.

ZAP and Daka Development Join Efforts in Advanced Transportation Marketing & Design

Submitted by acampbell on Tue, 06/25/2002 - 20:00.

SEBASTOPOL, Calif. (June 25, 2002) - ZAP (OTC:ZAPPQ) announced today that it has signed an agreement with Daka Development for the design, manufacturing and marketing of a full-line of advanced transportation and alternative energy products.

Daka specializes in the development of innovative products for the alternative energy lifestyle. Under the agreement, ZAP will serve as a distributor for Daka's products through its network of advanced transportation dealers.

ZAP Plan of Reorganization Confirmed, Emerges from Chapter 11

Submitted by acampbell on Fri, 06/21/2002 - 20:00.

SEBASTOPOL, Calif. (June 21, 2002) - ZAP (OTC:ZAPPQ) announced today that its Plan of Reorganization has been confirmed by the United States Bankruptcy Court, which clears the way for the Company to emerge immediately from Chapter 11. The Plan includes a merger with two privately held companies as well as a reverse split of its stock.