Archive - Feb 2005

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Oil Prices Hold Strong Near $52

Submitted by acampbell on Mon, 02/28/2005 - 21:00.

Oil Prices Hold Strong Near $52

Tue Mar 1, 5:16 AM ET Business - Reuters

LONDON (Reuters) - High-flying oil prices held just below recent four-month peaks on Tuesday as cold U.S. weather drove heating oil demand.

U.S. light crude futures shed 9 cents to $51.66 a barrel just below a four-month peak of $52.28 struck on Monday. London Brent crude was down 11 cents at $49.95 a barrel.

Prices held strong as industry analysts predicted on Monday that U.S. distillate supplies fell for the sixth week running last week in the face of frigid weather in the U.S. Northeast.

The U.S. government will release its weekly inventory report on Wednesday. Heating oil supplies are already 7 percent below year-ago levels.

ZAP Displays Next-Generation, Fuel-Efficient Micro-Cars at ValueRich Financial Expo in Palm Beach March 9 -12

Submitted by acampbell on Mon, 02/28/2005 - 21:00.

ZAP Displays Next-Generation, Fuel-Efficient Micro-Cars at ValueRich Financial Expo in Palm Beach March 9 -12

SmartCar Offers Affordable, Efficient, Safe Transportation for Environmentally Conscious Consumers

WEST PALM BEACH, Florida - Feb. 28, 2005 - ZAP (OTCBB: ZAAP), a developer of environmentally responsible transportation and advanced fuel technology, is rolling out a colorful array of its unique micro-cars at the ValueRich Small Cap Financial Expo, in West Palm Beach, Fla., March 9-12, at the Palm Beach County Convention Center.

ZAP and Fusion Capital Mutually Terminate Financing Agreement

Submitted by acampbell on Fri, 02/25/2005 - 21:00.

ZAP and Fusion Capital Mutually Terminate Financing Agreement

SANTA ROSA, Calif. (February 25, 2005) - Automotive technology pioneer ZAP (OTC Bulletin Board: ZAAP) today announced that it has mutually agreed with Fusion Capital Fund II, LLC to terminate their existing $24 million common stock purchase agreement.

ZAP to display with fuel cell partner Anuvu at hydrogen conference in Santa Fe, February 17-18

Submitted by acampbell on Tue, 02/15/2005 - 21:00.
SANTA FE (February 16, 2005) - Advanced transportation pioneer ZAP (OTC BB:ZAAP) announced today that it will be attending the "First Annual International Hydrogen Energy Implementation Conference" with technology partner Anuvu, Incorporated, February 17 and 18 in Santa Fe, New Mexico.

ZAP is in Santa Fe to promote its partnership with Anuvu towards developing hydrogen fuel cell powered vehicles. ZAP is showcasing its newest vehicles, including the Smart Car Americanized by ZAP, its new electric ATV, and its newest scooter, the 3-wheeled ZAPPY3.

ZAP's Smart Car orders leap again to over $55 million

Submitted by acampbell on Tue, 02/08/2005 - 21:00.

ZAP's Smart Car orders leap again to over $55 million

SANTA ROSA, Calif. (February 8, 2005) - California automaker and distributor ZAP (OTC BB:ZAAP) announced today that it has received more purchase orders for the Smart Car Americanized by ZAP, with orders in-hand totaling over $55 million.

ZAP treated auto dealers to a little piece of Europe at its display during NADA 2005 in New Orleans.

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