Corporate
ABAT and ZAP Sign Distribution Agreement
Agreement Boosts Availability of Affordable Lithium Battery Electric Vehicles
NEW YORK and SANTA ROSA, California (July 8, 2009) – Leading lithium battery and vehicle manufacturer Advanced Battery Technologies (NASDAQ: ABAT), through its wholly owned subsidiary Wuxi Zhongqiang Autocycle Co. Ltd, has signed a distribution agreement with electric transportation pioneer ZAP (OTC BB: ZAAP).
ZAP CEO Steve Schneider says, "The agreement will enable ZAP to accelerate production of its electric vehicles offering extended range and more power through the use of ABAT’s advanced, large-format Polymer Lithium-Ion battery technology."
Toyota Manufacturing Veteran Named ZAP President
Seasoned Management Team Poised For Growth
SANTA ROSA, California (June 18, 2009) ZAP (OTC BB: ZAAP) CEO Steven Schneider has named Gary Dodd, a respected manufacturing executive formerly with Toyota, as president of global operations. This recent move is seen as another step in Mr. Schneider’s plan to introduce U.S.-built electric vehicles to the masses.
According to Mr. Schneider, “Gary will bring serious depth and breadth to our management team where each senior executive has separate and distinct responsibilities such as, operations, finance, marketing, and now front-line, manufacturing expertise. Gary will guide us into volume production.”
ZAP Names Former SEC Counsel Mark Abdou to Board of Directors
SANTA ROSA, CA--(MARKET WIRE)--Jun 8, 2009 -- Electric transportation pioneer ZAP (OTC BB:ZAAP.OB - News) has appointed Mark Abdou to its Board of Directors.
Mr. Abdou was the Company's previous outside SEC counsel for over five years. He is currently the CEO and Managing Partner of Libertas Law Group in Long Beach, California.
Mr. Abdou said, "I believe it is an opportune time for ZAP as consumers increasingly look for environmentally friendly and green options, especially in the area of transportation. I look forward to my involvement in the company in working towards continued growth and progress during this exciting time."
ZAP Elects Vetran Toyota Manufacturing Exec to Board
ZAP Board of Directors Member Gary DoddSANTA ROSA, CA--(MARKET WIRE)--Jun 9, 2009 -- Electric transportation pioneer ZAP (OTC BB:ZAAP.OB - News) has elected Gary Dodd to its board of directors. Dodd, a successful entrepreneur and former Toyota executive, is the CEO of Zap Motor Manufacturing Kentucky (ZMMK), which has an exclusive U.S. manufacturing agreement with ZAP to provide a domestic manufacturing base for the company.
"Pure electric vehicles are going to be a major force in the auto industry," said Dodd. "ZAP is an established player full of innovative product ideas that offers new directions in personal and commercial transportation. It is a leader in a vital emerging American industry."
ZAP Retains the Investor Relations Group
SANTA ROSA, CA--(MARKET WIRE)--Jun 5, 2009 -- Electric vehicle pioneer ZAP (OTC BB:ZAAP.OB - News) (www.zapworld.com) has retained the Investor Relations Group (IRG), a highly recognized, thirteen-year-old corporate communications firm based in New York City, to serve as its investor relations and public relations firm.
"We believe this to be an opportune time to engage a public relations and investor relations team," said Steve Schneider, CEO of ZAP. "Fundamental changes are occurring in government policy and popular thinking as they relate to the automobile industry and carbon emissions.
