Archive - Jun 13, 2006

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6/13/2006 2006 Auto Sales Zoom ZAP Past All of 2005, Exceeding $5.5 Million Through May

Submitted by acampbell on Tue, 06/13/2006 - 20:00.

2006 Auto Sales Zoom ZAP Past All of 2005, Exceeding $5.5 Million Through May

CEO Says Sales for First Five Months of 2006 Surpass all of 2005

SANTA ROSA, California (June 13, 2006) - Automotive pioneer ZAP (NYSE Arca: ZP) announced that sales for the first five months of 2006 have surpassed all of 2005, primarily due to new automobile distribution, announced Chief Executive Officer Steve Schneider.

Schneider announced that sales for the first five months of 2006 have reached $5.5 million, surpassing sales of $3.6 million for all of 2005, noting the increase is due to the launch of ZAP's car division.