Archive - Oct 18, 2004

SANTA ROSA, California (October 19, 2004) - Advanced automotive technology company ZAP (OTC BB:ZAPZ) announced today that it has signed an exclusive distribution contract with Zibo Enterprises Co. Ltd., a manufacturer of advanced battery technology in The People's Republic of China. ZAP has signed an exclusive distribution contract for ZAP Portable Energy™as well as other advanced energy devices in conjunction with Zibo Enterprises of China Earlier this month, ZAP announced that it has taken an equity position in Zibo Enterprises to invest in expanding research and development as well as manufacturing operations for advanced battery technologies.