ZAP Tops 'Green' Stock Index

BROOMFIELD, Colo., Sept. 27 -- LOHAS Journal listed advanced automotive technology company ZAP (BULLETIN BOARD: ZAPZ) at the top of its weekly index of stock market gainers in the LOHAS marketplace during the week of September 20.

LOHAS (http://www.lohasjournal.com/) is an acronym that stands for Lifestyles of Health and Sustainability and describes a $226.8 billion U.S. marketplace for goods and services that appeal to consumers who value health, the environment, social justice, personal development and sustainable living. These consumers are variously referred to as Cultural Creatives or LOHAS Consumers and represent a sizable group in this country: approximately 30 percent of adults, or 63 million consumers.

ZAP stock ended the week of September 17 up 11.76 percent while the overall index ended the week down 0.3 percent. The LOHAS Index overall has climbed 20.6 percent so far in 2004.

Last week, ZAP announced that its electric WORLDCAR(TM) was certified by the State of California Air Resources Board as a "Zero-Emission Vehicle," clearing the way for ZAP for the first time to sell full-performance electric automobiles. ZAP says its WORLDCAR is one of the first production electric cars available that was assembled in China. ZAP also celebrated its tenth anniversary in business on Thursday, September 23.

ZAP, which stands for Zero Air Pollution, established an Automotive Division two years ago to begin the marketing and distribution of a full-range of advanced technology vehicles that focus on energy efficiency and environmentally friendly technologies. ZAP is working to manufacture, license and distribute its automobiles through a nationwide network of ZAP auto dealerships.

About ZAP

ZAP has been a world leader in cleaner transportation technologies since 1994. The Company has delivered more than 85,000 vehicles to customers in more than 60 countries. A public company, ZAP is traded on the Over-the-Counter stock exchange under the symbol ZAPZ. The company offers a variety of advanced technology vehicles, including cars, bicycles, scooters, motorbikes, underwater scooters and more. For more information, visit http://www.zapworld.com/ or call +1-707-525-8658.

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.