Archive - Jan 22, 2007

Date

ZAP (OTC BB: ZAAP) Signs Exclusive Agreement for Advanced Lithium Battery Management System

Electric car technology maximizes performance and safety of lithium batteries, delivering up to five times the range of lead-acid SANTA ROSA, Calif., Jan. 23 -- Advanced transportation pioneer ZAP (OTC Bulletin Board: ZAAP) has signed an exclusive distribution agreement for a sophisticated new lithium battery management system developed by Eco Tech A/S of Denmark to be incorporated into the XEBRA line of electric cars and trucks. "This is the very first cost effective lithium battery system we have received for use in a vehicle." -- ZAP Chairman Gary Starr