Archive - Nov 29, 2004

ZAP announces 100-unit block purchase order for SMART Car

SEBASTOPOL, California (November 30, 2004) - Automotive technology pioneer ZAP (OTC BB:ZAAP) announced today that, based on interest generated at the San Francisco International Auto Show last week, it has received a 100-unit block purchase order from a U.S. automotive dealer.

ZAP will not announce the name of the dealer until the cars are ready to be sold to the general public, but is in discussion with a number of government and corporate fleets as well as automotive wholesale dealers for purchase orders of 100 or more cars, up to 15,000, by December 31, 2004 due to U.S. small manufacturers limitations.