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ZAP to Display With Fuel Cell Partner Anuvu at Hydrogen
Conference in Santa Fe, February 17-18
SANTA FE, N.M., Feb. 16 /PRNewswire-FirstCall/ -- Advanced transportation
pioneer ZAP (OTC:ZAPZ) (BULLETIN BOARD: ZAPZ) announced today that it will be
attending the "First Annual International Hydrogen Energy Implementation
Conference" with technology partner Anuvu, Incorporated, February 17 and 18 in
Santa Fe, New Mexico.
ZAP is in Santa Fe to promote its partnership with Anuvu towards developing
hydrogen fuel cell powered vehicles. ZAP is showcasing its newest vehicles,
including the Smart Car Americanized by ZAP, its new electric ATV, and its
newest scooter, the 3-wheeled ZAPPY3.
The event is sponsored by the New Mexico Hydrogen Business Council and is being
held at the Radisson Santa Fe-Hotel Plaza Real. The conference features rides
and demonstrations of fuel cells and fuel cell powered vehicles as well as
educational presentations on the potential of hydrogen. New Mexico Governor
Bill Richardson is an outspoken proponent of fuel cell technology.
"When you talk about win-win propositions, fuel cell technology is one of the
best," said Gov. Richardson. "It creates two very important things: cleaner,
renewable energy, and jobs."
ZAP calls Anuvu's fuel cell systems "fuel cell hybrids" because they run on
both hydrogen and electricity, like the gasoline-hybrids currently on the
market. Unlike the gasoline hybrids, the by-product of Anuvu's technology is
water vapor and nitrogen, classifying it as a "zero emission vehicle."
In December ZAP signed an exclusive distribution agreement with Anuvu of
Sacramento, California for its patented Power-X(TM) hydrogen fuel cell engine
systems. According to Anuvu, ZAP's purchase order for the Power-X(TM) PEM fuel
cell engine is the largest in fuel cell history. The two Northern California
companies are working to be the first to begin delivering production fuel cell
vehicles later this year. CEO Steve Schneider claims it is another opportunity
to take the lead in introducing automotive innovations into the marketplace for
ZAP, which helped pioneer the market for electric cars, scooters and bicycles.
About Anuvu
Anuvu Incorporated, a California corporation founded in 1994, is a fuel cell
company that designs and manufactures fuel cell stacks, fuel cell engines and
systems, and provides custom solutions for a variety of clients. Anuvu is
prepared to provide whatever part of the fuel cell technology your ZAP might
require. Current clients acquire stacks and balance of plant technology for
development projects around the world. Recent projects have included design and
development of fuel cell/battery hybrid engines for a variety of vehicles and
boats, as well as a robust system designed specifically for education and
research at the university level. Additional areas of interest include off grid
power applications. For more information, visit http://www.anuvu.com/.
About ZAP
ZAP has been a leader in clean transportation technologies since 1994,
delivering more than 85,000 vehicles to customers in more than 60 countries. A
public company, ZAP is traded on the Over-the-Counter stock exchange under the
symbol ZAPZ. The company offers a variety of advanced technology vehicles,
including electric cars, bicycles, scooters, motorbikes, underwater scooters
and more. For more information, visit http://www.zapworld.com/ or call
707-525-8658. 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-Auto LLC.
Forward-looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including, without limitation, continued acceptance of the
Company's products, increased levels of competition for the Company, new
products and technological changes, the Company's dependence upon third-party
suppliers, intellectual property rights, and other risks detailed from time to
time in the Company's periodic reports filed with the Securities and Exchange
Commission.
DATASOURCE: ZAP
CONTACT: ZAP Media Relations, Alex Campbell, +1-707-525-8658, ext. 241,
or , or ZAP Investor Relations, Steven Kim,
+1-707-525-8658, ext. 298, or ; or Anuvu Contact, Craig
Newhouse, Ph.D., +1-916-921-7040, ext. 204, or
Web site: http://www.zapworld.com/