ZAP News

SEBASTOPOL, CA (August 31, 2001) - Double platinum pop sensation Smashmouth is adding some juice to its latest tour by hopping on electric scooters from California electric vehicle developer ZAP (Nasdaq:ZAPP).

Sebastopol, California (Aug. 14, 2001) - ZAP (NASDAQ:ZAPP), formerly known as ZAPWORLD.COM, today reported its financial results for the second quarter ended June 30 of fiscal year 2001.

Total revenues for the quarter ended June 30, 2001, were $940,000 compared to $2,283,000 in the prior year, a decrease of $1,343,000 or 59%. Net loss for the same period was $1,953,000, or $ 0.31 per share, compared to a net loss of $477,000 or $ 0.09 per share in 2000. Revenues for the six months ended June 30, 2001 were $2,953,000 compared to $4,180,000 in the prior year. The net loss for the first six months of 2001 was $3,237,000 or $ 0.54 per share, compared to a loss of $960,000 or $ 0.19 per share in the prior year.

SEBASTOPOL, Calif. (June 4, 2001) - ZAPWORLD.COM (Nasdaq:ZAPP) announced today that its new model POWERBIKE® is scheduled to appear on The Today Show tomorrow morning, Tuesday, June 5, 2001.

The Today Show, hosted by Matt Lauer and Katie Couric, airs from 7:00 to 10:00 AM on NBC. Check local listings for exact time and channel.