Electronic Transport ZAPs CES Technology Expo Jan. 9 in Las Vegas

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WHEN:   January 9 - 12, 2003

WHERE:  CES - Int'l Consumer Electronics Show, Las Vegas, Nevada
        100,000 annual attendees from 100 countries, 3,000
        journalists, financial analysts (www.cea.org). Media
        appointments call 707-824-4150 x 241.

        ZAP Electronic Transport Pavilion, Booth No. 31277, South Hall
        Las Vegas Convention Center, also selected for lobby
        exhibition.

WHAT:   New line of ZAP electronic cars, including freeway-capable,
        commercial and low-speed cars.

        New ZAP technology that triples performance of electronic
        transport.

        New products (electric bikes, scooters, water scooters and
        more).

WHO:    Steven M. Schneider, Chief Executive Officer, ZAP
        20-year veteran of automotive sales and marketing, recently
        named CEO of electronic vehicle pioneer ZAP

        ZAP (www.zapworld.com), a worldwide leader in electronic
        transport, helped pioneer the market for electric bicycles and
        scooters

WHY:    Electronic transport is the best way to power daily
        transportation

        ZAP is one of the only publicly owned companies in the world
        focused on electronic transport technologies

        ZAP (Zero Air Pollution), a market leader for electronic
        bicycles and scooters, is expanding to electronic automobiles

INFO:   For further information, contact:
        Alex Campbell, ZAP, (707) 824-4150 x 241
        alex@zapworld.com or visit www.zapworld.com

    Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission.