Archive - Nov 17, 2008

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ZAP Reports Third Quarter 2008 Results; 52% Increase in Revenue Over September Quarter 2007

SANTA ROSA, Calif.--(November 17, 2008)--Electric transportation pioneer ZAP (OTCBB:ZAAP) announced today its financial results for the third quarter ending September 30, 2008. The company announced that increased demand for alternative transportation has resulted in record Advanced Technology Vehicle (electric vehicles) segment revenue in the quarter ended September 30, 2008 of $2.2 million, up 180% from Sept, 2007 quarter revenue of $0.8 million.