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

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 specializes in environmentally friendly and advanced fuel technology vehicles, including electric cars, bicycles, scooters, motorbikes, underwater scooters and all terrain vehicles (ATV). The Company is also a developer of next-generation batteries and portable power devices.

ZAP will be showcasing its ZAP CARS?, including the new Smart Car, Americanized by ZAP to meet federal regulations. The Company is ramping up to distribute the popular two-seat, gas-sipping micro-car from Europe in the U.S. for the first time and will be also visiting a dealer in the region.

ZAP's process to 'Americanize' the Smart Cars to U.S. highway and emissions standards started when it signed a deal for the cars in 2004, and thousands of Smart Car fans have flooded ZAP with purchase inquiries and orders in anticipation of being the first to own the famous European micro-car. ZAP has announced that it had received over $55 Million in wholesale purchase orders following a recent dealer convention with a goal of establishing 150 dealers in the U.S. this year. It appears that ZAP has created more demand than there its initial supply. Many customers have expressed disappointment that it has taken so long to bring the cars into the United States, but the company that has been contracted to modify the cars to U.S. standards says it can complete the cars soon.

"We have everything we need to start shipping cars, all we need are some headlight parts which we expect to be arriving shortly," said George Gemayel of registered importer G&K Automotive Conversion, Inc. in a meeting with ZAP on February 14.

ZAP signed a $10 Million exclusive agreement with direct-import company Smart-Auto LLC, which engaged G&K to perform the federal modifications.

ZAP is also showcasing its electric Intimidator L.U.V.at the conference, a sleek new two-passenger electric car that ZAP is targeting to resort and retirement communities. The tiny electric car plugs in at any household outlet and is a silent, inexpensive alternative for in-city driving. Less than eight feet in length, ZAP says both cars have received rave reviews for their size, which gives them an advantage in areas with parking shortages.

ZAP is also showcasing its electric Intimidator L.U.V. at the conference, a sleek new two-passenger electric car that ZAP is targeting to resort and retirement communities. The tiny electric car plugs in at any household outlet and is a silent, inexpensive alternative for in-city driving. Less than eight feet in length, ZAP says both cars have received rave reviews for efficiency, safety and size, which provide a tremendous advantage in areas with parking shortages and high gas prices.