ZAP(R) WORLDCAR(TM) to Air on Discovery Channel
SANTA ROSA, Calif., Dec. 8, 2003 -- Discovery Channel Canada's program Daily Planet is scheduled to air a segment featuring a new electric car from ZAP (BULLETIN BOARD: ZAPZ) on Tuesday, December 9, 2003.
According to Discovery Channel Canada producer and on-air columnist, Shannon Bentley, the ZAP(R) WORLDCAR(TM) segment is airing in Canada this coming Tuesday, December 9, 2003 at 7pm, and 11pm Eastern Time, repeating Wednesday at 4am, 9am, and Noon Eastern Time. The segment will also be available on the Internet at http://www.exn.ca/ and is expected to air in the United States on Discovery's digital channel Science in early 2004.
The Discovery Channel segment features Bentley piloting ZAP's new electric car at the 2003 Michelin Challenge Bibendum in September, where the WORLDCAR earned three trophies among a field of 80 participants. The Challenge Bibendum ( http://www.challengebibendum.com/ ) is an annual event sponsored by Michelin where international media can preview the latest in advanced transportation technologies from automotive developers, including electric, hybrid, hydrogen and other alternative fuel vehicles.
ZAP CEO Steve Schneider says the WORLDCAR is unique in the automotive world because the Company manufactures the cars in China. The base model is priced under $10,000, seats four passengers. In addition to being one of the only production electric cars available, Schneider believes this to be the first Chinese-built automobile for sale in the United States. He added that ZAP is focused on establishing a new auto dealer network for advanced transportation technologies. In particular, he says ZAP is targeting the independent auto dealer market in the United States who can qualify as new car dealers under a program being offered by ZAP.
For more information on the ZAP WORLDCAR, or to inquire about dealer opportunities, call (707) 525-8658 or visit http://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.