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The Archipelago Exchange(SM) (ArcaEx(R)) Announces Exclusive
Listing of ZAP
CHICAGO, June 21 /PRNewswire-FirstCall/ -- The Archipelago Exchange(SM)
(ArcaEx(R)), the world's largest fully-electronic stock exchange, today
announced that Zero Air Pollution(R) (ZAP), a leader in the advancement of
transportation technologies and energy products, has listed exclusively on
ArcaEx, a facility of the Pacific Exchange, under the four character ticker
symbol: ZAPZ.
"Like ArcaEx, ZAP is a leader and an innovator in their industry, and we look
forward to serving as a fair and transparent marketplace for the company and
its shareholders," said Jerry Putnam, CEO of the Archipelago Exchange.
"We are excited to list on an exchange that focuses on efficiency much like we
do," said Steve Schneider, CEO of ZAP. "ArcaEx offers ZAP the opportunity to
increase awareness in the investor community."
In addition to providing the advantages of electronic trading, ArcaEx enables
NYSE-, Amex- and Nasdaq-listed companies and their investors to reap the
benefits of ArcaEx's investor focused market structure. ArcaEx operates as an
all-electronic auction market, with an open limit order book matching buyers
and sellers directly based on simple price and time priority, leveling the
playing field for all market participants.
Currently over 230 companies are listed on ArcaEx, a facility of the Pacific
Exchange. In addition to its own listings, the exchange trades all NYSE,
Nasdaq, and Amex listed stocks. Archipelago Holdings, Inc., the parent company
of ArcaEx, announced on January 3, 2005 that the company has entered into a
definitive agreement to acquire PCX Holdings, Inc., parent company of the
Pacific Exchange and PCX Equities, Inc.
About ArcaEx
Archipelago Holdings (PCX:AX) operates The Archipelago Exchange(SM) (ArcaEx(R))
the first totally open all-electronic stock exchange in the United States.
ArcaEx trades all Nasdaq-listed equity securities and exchange listed equity
securities, including those listed on the New York Stock Exchange(R), American
Stock Exchange(R), and Pacific Exchange(R). In addition to offering core
execution services, ArcaEx provides corporate clients with listing services and
innovative data products. In 2004, Archipelago launched ArcaVision to provide
corporate and trading clients with more transparent market data, analytical
tools and access to market-wide and ArcaEx specific trading information.
Archipelago Holdings completed its initial public offering in August 2004. For
more information please visit http://www.arcaex.com/.
About ZAP
ZAP, Zero Air Pollution(R), has been a leader in advanced transportation
technologies and energy products since 1994. ZAP serves the multi-billion-
dollar markets for next-generation transportation and power products through
three divisions: ZAP Automotive; ZAP Personal Transportation; and ZAP Energy.
The Company has delivered more than 90,000 fuel-efficient and pollution-free
vehicles powered by gasoline, electric, hydrogen and other fuels to customers
in more than 75 countries around the world.
ZAP holds exclusive license from Smart-Automobile LLC to deliver the popular
European-made Smart Car, a high-efficiency gas vehicle, to the American
marketplace. ZAP "Americanizes" the Smart Car to meet U.S. federal and state
safety and emissions standards. The U.S. Environmental Protection Agency and
the Department of Transportation have approved a Smart Car model Americanized
by ZAP for domestic use in 45 U.S. states. ZAP is not affiliated with, or
authorized by, smart gmbh, the manufacturer of SMART automobiles, or the
smartUSA division of Mercedes-Benz LLC, the exclusive authorized U.S. importer
and distributor of those vehicles. ZAP purchases its vehicles from
non-affiliated direct importer Smart-Automobile LLC.
The Company's all-electric vehicles include the ZAP Intimidator LUV and ZAP
Worldcar neighborhood and urban electric cars, ZAPPY(R) Scooters, Mobility
Scooters, Bikes and All Terrain Vehicles (ATV). These products offer
convenient, dependable and fun transportation that's heavy duty, powerful and
noise-free.
The ZAP Portable Energy division has developed a next-generation, multi- use
battery for electronic products that delivers up to four times the power of
typical batteries, to charge or power a variety of devices, including cell
phones, digital cameras, DVD and MP3 players, camcorders and laptops. For more
information, visit http://www.zapworld.com/. For investor-specific information,
please visit http://www.trilogy-capital.com/tcp/html/zap.htm.
Forward-Looking Statements
Certain statements in this press release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on Archipelago's current expectations and involve
risks and uncertainties that could cause Archipelago's actual results to differ
materially from those set forth in the statements. There can be no assurance
that such expectations will prove to be correct. Factors that could cause
Archipelago's results to differ materially from current expectations include:
general economic and business conditions, industry trends, competitive
conditions, regulatory developments as well as other risks or factors
identified in the Company's filings with the Securities Exchange Commission,
including its Report on Form 10-K for the fiscal year ending December 31, 2004
which is available on the Company's website at http://www.archipelago.com/. You
should not place undue reliance on forward- looking statements, which speak
only as of the date of this press release. Except for any obligation to
disclose material information under the Federal securities laws, Archipelago
undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the date of
this press release.
Contact:
Archipelago
Margaret Nagle
312-442-7083
DATASOURCE: Archipelago Exchange
CONTACT: Margaret Nagle, Archipelago, +1-312-442-7083
Web site: http://www.archipelago.com/
http://www.zapworld.com/
http://www.trilogy-capital.com/tcp/html/zap.htm
http://www.arcaex.com/