Electric Bikes, Scooters ZAP 1999 NAIC Investors Congress

15 September 1999
Electric Bikes, Scooters ZAP 1999 NAIC Investors Congress
    NASHVILLE, Tenn., Sept. 15 -- Attendees of the 1999 NAIC
Investors Congress, September 15-18 in Nashville, can test-ride the latest in
electric transportation from ZAPWORLD.COM (OTC Bulletin Board: ZAPP) at booth
number 121, including a new folding electric scooter called the ZAPPY.
    Publicly owned ZAPWORLD.COM will be exhibiting at the NAIC Annual
Congress. Founded in 1951, the National Association of Investors Corporation
(NAIC) is a non-profit, largely volunteer organization dedicated to investment
education. The Congress includes general sessions, investment seminars,
workshops, roundtable discussions, more than 150 corporate exhibits and
presentations, featured speakers, tours, social events and more.
    Formerly known as ZAP Power Systems, ZAPWORLD.COM designs, assembles,
manufactures and distributes electric bicycle power kits, electric bicycles,
tricycles, scooters, and other electric transportation vehicles. The company
is one of the world's leading developers of consumer electric vehicles. To
date, the company has delivered over 30,000 units to commuters and
recreational cyclists worldwide. In 1998, the company posted sales of
$3.5 million, up 115% from 1997's total of $1.6 million. For the six months
ended June 30, 1999, ZAP posted sales of $2.7 million, up 102% from the same
period in 1998. ZAP also posted its first profit of $64,600 in the second
quarter of 1999. ZAPWORLD.COM is a leading producer of electric bikes for law
enforcement, having delivered bikes to over 200 law enforcement agencies in
the United States.
    In 1999, ZAP is focusing on open electric vehicle sales and rental
outlets, with its first store up and running in San Francisco's Fishermen's
Wharf. ZAP is setting up other electric vehicle franchise outlets in high
tourism areas.
    ZAPWORLD.COM is a publicly owned corporation with stock trading under the
symbol ZAPP. For complete product information, shareholder and franchising
information, visit the ZAP Website at http://www.zapworld.com, or call 800-251-4555.