ZAP Approved for Listing on NASDAQ

22 May 2000

ZAP Approved for Listing on NASDAQ

    SEBASTOPOL, Calif.--May 22, 2000--Electric vehicle manufacturer ZAPWORLD.COM announced today that it has qualified for listing on the NASDAQ SmallCap stock exchange.
    According to NASDAQ, some of the benefits for listing with the exchange include "depth of market, liquidity, price efficiency, transparency, and spread." For further information on NASDAQ, visit www.nasdaq.com. The Sebastopol, California company was previously traded on the Over the Counter Market under the trading symbol ZAPP.
    "It is a credit to the entire ZAPWORLD management team that this company has achieved listing on the NASDAQ SmallCap exchange," said Andy Reckles, an investment banker from Union Atlantic Capital Markets, a financial advisor to ZAP. "We are proud to be associated with a company that is so environmentally conscious and so cutting edge in its alternative fuel technologies. ZAP could potentially change the way all of us commute and travel, and we are grateful that NASDAQ has the foresight to see the potential that exists with this industry and Company in particular."
    "Listing on NASDAQ SmallCap is definitely a milestone for ZAP," said Joseph Martinez of the investment banking firm Donner Corporation International. "It allows ZAP to come closer to meeting the criteria for institutional investors along with the prestige and security to attract more individual investors. It is also a great testament to ZAP's management because many bulletin board listed companies never make it to NASDAQ. This definitely helps ZAP solidify its position as one of the leaders in the alternative energy sector."
    ZAPWORLD.COM is a recognized leader in the emerging consumer electric transportation market with products including electric bicycles, scooters, motorcycles and more. For information on ZAP, its EV outlet stores, or for ordering an EV, go to www.zapworld.com.