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ZAP Signs Exclusive Distribution Agreement with Taiwanese Scooter Maker

25 January 2000

ZAP Signs Exclusive Distribution Agreement with Taiwanese Scooter Maker

    SEBASTOPOL, Calif.--Jan. 25, 2000--Electric vehicle manufacturer ZAPWORLD.COM (OTCBB:ZAPP) announced today that it has signed an agreement with electric scooter maker Kang Yang Industrial Company Ltd. of Taiwan for the exclusive rights to distribute its electric scooters in North America.
    ZAPWORLD.COM (ZAP) will offer the new scooter under its ElectriCycle(TM) brand. ZAP's North American distribution network includes motorcycle dealers, resort rentals, and company-owned electric vehicle stores. The Sebastopol company manufactures and markets several categories of consumer electric vehicles (EVs), including electric bicycles, bicycle kits, folding scooters, motorcycles and neighborhood electric cars.
    "We have been test marketing electric scooters in the U.S. for a couple of years now and are encouraged by the feedback from our customers," said ZAP CEO Gary Starr. "Electric scooters are quiet, clean, reliable and affordable, perfect for site-seeing, college campuses, short commutes and errands around town. We look forward to offering them to dealers alongside the ZAPPY folding scooters and LECTRA motorcycles."
    Starr adds that electric scooters should be an affordable alternative to gasoline scooters while producing a small fraction of the pollution. Air pollution agencies have recently began targeting emissions from two-stroke mopeds and scooters, and Starr anticipates more incentives for consumers to switch to electrics.
    Under existing California motor vehicle codes, the new scooters will fall into a special moped vehicle classification, requiring only a regular drivers license and a one-time $6 license. Top speed on the scooter is 25 MPH with a range of up to 20 miles per battery charge. Visit the ZAP website for photos, specifications and pricing.
    A recognized leader in the U.S. consumer EV market, ZAP recently celebrated its fifth anniversary. The company is publicly owned with stock trading under the symbol ZAPP. For complete purchasing, franchising and shareholder information, visit www.zapworld.com or call 800/251-4555.