Guest Lecture by ZAP Officers Sparks Research at UC Davis Institute of Transportation Studies; ZAP CEO and Company Advisory Board Chairman Call for Creation of Advanced Study Institute to Accelerate Technology Solutions to Global Social Needs
DAVIS, Calif.--June 13, 2005--ZAP (OTCBB:ZAPZ), pioneering the next generation of advanced transportation and energy technologies, has announced that ZAP CEO Steve Schneider was a guest lecturer at one of the nation's top university transportation programs recently, where he led discussions focusing on the globalization of advanced research to further the cause of sustainable development.Mr. Schneider was invited to lecture at the University of California at Davis along with CC Chan, a prominent authority on transportation and energy engineering technology and Chair of ZAP's Advisory Board of Directors. The pair addressed students of the Transportation Technology Policy Program (TTPP) at the UC Davis Institute for Transportation Studies (ITS). TTPP is a graduate course sponsored by the United States Department of Energy.
Dr. Chan is Engineering Chair at the University of Hong Kong, and a noted author on electric transportation and Co-Founder of the World Electric Vehicle Association. He delivered a presentation on the state-of-the-art in clean vehicle technology and the importance of globalization for research and development, highlighting many of the environmental, economic and social challenges facing the world today. Dr. Chan and Mr. Schneider provided a business and technology overview of ZAP, a pioneering company in the field, as a case study on the business opportunities that exist to make positive changes on society through the commercialization of advanced automotive technologies.
Mr. Schneider outlined the multi-billion dollar global market for the next generation of fuel-efficient automobiles, specifically low-emission internal combustion, electric, hybrid, hydrogen, bio-fuels, and other advanced fuel technologies like CVT -- Continuous Variable Transmission. ZAP plans to launch an automobile distribution network that specializes in advanced transportation technologies.
Dr. Chan highlighted discussions with three leading technology researchers and academics at UC Davis: Vice Chancellor of Research Barry M. Klein, Ph.D.; Institute Director Daniel Sperling; and Andy Frank, Director of the UC Davis Future Automotive Technology and Engineering Center for Hybrid Electric Vehicles. In the discussion, Dr. Chan proposed the creation of an International Institute for Advanced Study, citing a similar program founded in Princeton.
"An opportunity exists today to use technology to balance the needs of our environment with the needs of our economy," said Dr. Chan. "The foundation of this new Institute would join together top-notch experts from around the world to nurture creative ideas while taking a global view of our economic and environmental needs. We can apply the best thinking, the best technology from around the world to find commercial solutions that move society towards sustainable development."
"The situation in Asia mirrors the world," he added. "We must meet the challenge of sustainable growth with the technological opportunities that are just above the horizon. I believe that we have an opportunity to integrate the economic and technological needs of East and West in an economic model that can benefit everyone."
The UC Davis Institute for Transportation Studies is known for expertise in travel behavior and transport systems modeling, to prepare students for transportation decision-making of the future. The Institute partners with academic and research centers on and off campus, and with industry, government, and nongovernmental organizations around the world.
ZAP said it has entertained discussions of cooperative research projects and grants with the University. Mr. Chan and Mr. Schneider discussed the possibility with university research official Daniel Sperling, including possible programs such as a "Big Bang" competition that would help students explore business opportunities targeting emerging technologies. Professor Chan called a summit meeting of ZAP's top advisors and board members at ZAP World Headquarters in downtown Santa Rosa, California, to pursue the issue.
About ZAP
ZAP, Zero Air Pollution(R), has been a leader in advanced transportation technologies and energy products since 1994. For more information, visit http://www.zapworld.com. For investor-specific information, visit http://www.trilogy-capital.com/tcp/zap. To read or download the Company's Investor Fact Sheet visit http://www.trilogy-capital.com/tcp/zap/factsheet.html.
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