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Tuesday, June 24, 2008

Former President and CEO of Pirelli Tire North America Discusses ZAP, Inc. in Interview With CEOCorner at InvestSourceInc.com

Former President and CEO of Pirelli Tire North America Discusses ZAP, Inc. in Interview With CEOCorner at InvestSourceInc.com

HUNTINGTON BEACH, CA, Jun 24, 2008 - InvestSource, Inc. invites the public to hear what Guy Mannino, the President and CEO of Verdek, Inc., has to say about his company's recent sales agreement with ZAP, Inc. (OTC BB:ZAAP.OB - News). Mr. Mannino was featured in a recent installment of CEOCorner, "The Fastest 60 Seconds in the Small-Cap Market." Details of the interview can be heard at the company profile for ZAP, Inc. on the InvestSource, Inc. (ISI) website at: www.investsourceinc.com or on the CEOCorner website at: www.ceo-corner.com.

Mr. Mannino, the former President and CEO of Pirelli Tire North America, is an ardent advocate of green technology, and has been an outspoken critic of corporate America and government for their unwillingness to adopt a more proactive stance towards "clean and green technology." During the interview, Mr. Mannino explained that after leaving Pirelli, he became convinced that now was the time for him to devote his energies to fostering environmentally and economically sound policy change. He explained that after extensive due diligence, he became convinced that ZAP, Inc. offered a realistic, effective, and above all readily available transportation solution. He called upon corporate America to stop "ignoring the realities" and take decisive action geared towards protecting the environment for future generations.

About ZAP

ZAP has been a leader in advanced transportation technologies since 1994, delivering over 100,000 vehicles to consumers in more than 75 countries. At the forefront of fuel-efficient transportation with new technologies including energy efficient gas systems, electric, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias. ZAP is also developing a new generation of vehicles using lithium batteries. The Company recently announced a strategic partnership with Dubai-based Al Yousuf Group to expand its international vehicle distribution. ZAP also makes an innovative, new portable energy technology that manages power for mobile electronics from cell phones to laptops. For product, dealer and investor information, visit http://www.zapworld.com.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.



ZAP is a featured Company on Investorideas.com Green portals, China portal and Tech portal.

For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp

Contact:
InvestSource, Inc.
714-847-2460
Email Contact

Source: InvestSource, Inc.

1 comment:

Anonymous said...

I think that at this time ZAP is looking like a vastly improved company, with some very experienced and professionally qualified people on board. The new chairman of ZAP with his global presence is very encouraging as is the involvement of someone like Pirelli