Italian Electric Car Now Available at ZAP

SANTA ROSA, Calif., July 21 -- During an interview with MoneyTV, Steve Schneider, Chief Executive Officer of ZAP (BULLETIN BOARD: ZAPZ) , announced that the Company has placed an order for 50 of its new ZAP L.U.V.(TM) neighborhood electric cars from its manufacturing partner in Europe.

ZAP is now taking orders for the new car and is recruiting dealers to distribute them nationwide. The ZAP L.U.V. (Light Utility Vehicle) is a new kind of automobile called a Neighborhood Electric Vehicle (NEV). The U.S. Department of Transportation created the new category of automobile for the many car trips people take for inner-city transportation, planned communities, commercial zones, and tourist districts.

The ZAP L.U.V. sports a European design from Italy's StudioLinea2, which designs some of Italy's most famous sports cars. The electric car has room for two and plugs into any normal household electrical outlet. It utilizes several innovations in electronic propulsion design and engineering. The instrumentation for example can be accessed via a control pad on the steering wheel. To see the ZAP L.U.V., visit http://www.zapworld.com/zapcars.htm .

In December 2002, ZAP announced that its subsidiary Voltage Vehicles signed an exclusive distribution agreement with Riccardo P. Coles, President and C.E.O. of World Alternative Transport Technologies, Corp. (W.A.T.T.), an American-European based group of companies involved in the design and manufacturing of electric automobiles. The 50-unit order is expected to take 60 days to deliver via sea freight, expected to arrive in the United States in September. ZAP says that a majority of the units have been sold, but is now taking orders from consumers and seeking dealers to help distribute the cars nationwide.

"We feel the timing for electric cars is now," said Coles. "There has never been more of a need throughout the world for clean transportation technologies. According to air quality studies, pure electrics are much more efficient and produce much less pollution than other technologies, including the new hybrids. We looked throughout the world for the best way to launch our new cars and decided that the USA is the right place and ZAP is the right company. We believe that ZAP has a recognizable brand in this industry and the right distribution strategy."

MoneyTV is the nationally syndicated television program all about money and what makes it happen, featuring informative interviews with CEOs, insights into their operations and outlooks for their futures. Free information packages from the featured companies can be requested by sending an email to info@moneytv.net. The weekly television program debuted in 1996 and is seen nationally on Friday evenings at 10:30 ET, 7:30 PT, Sunday mornings at 6:30 PT and 11:00 ET, 8:00 PT and Monday evenings at 7:30 ET, 4:30 PT. For the airdates of ZAP CEO Steve Schneider's interview, visit http://www.moneytv.net/.

About ZAP

ZAP, which stands for Zero Air Pollution(R), has been a world leader in electric transportation since 1994, helping to spark the emergence of electric bicycles and scooters into the consumer marketplace. ZAP has delivered more than 80,000 electric vehicles to customers in more than 60 countries. ZAP is traded on the Over-the-Counter Bulletin Board under the symbol ZAPZ. To purchase the ZAP L.U.V. or to become a ZAP dealer, visit www.zapworld.com or call 707-525-8658.