Archive - May 12, 2008

SANTA ROSA, CA -- May 12, 2008 -- Record gas prices are driving more consumers to seek electric transportation, says industry pioneer ZAP (OTC BB:ZAAP.OB). The Northern California Company reported that as of April 8, 2008 it had $6.8 million in backlog orders for the Xebra electric sedan and pickup from auto-dealer purchase contracts. The $6.8 million backlog in dealer purchase contracts surpasses ZAP's sales for all of 2007 and are based on a delivery schedule over a 12-month period. The backlog for ZAP's consumer products on the same date was $712,000, including sales for the Zapino and ZAPPY3 scooters, ATVs, Recharge-It-All battery systems and others.