ZAP (OTCBB: ZAAP) Appoints Amos Kazzaz President of Electric Car Distribution Subsidiary Voltage Vehicles
SANTA ROSA, CA - Mar 7, 2008 - With the growth of its electric car dealer network, ZAP (OTCBB: ZAAP) has appointed Amos S. Kazzaz as President of its Voltage Vehicles auto distribution subsidiary.
Kazzaz remains ZAP's Chief Operating Officer but was appointed as President of Voltage Vehicles to add his airline industry experience to the expansion of ZAP's auto distribution. ZAP has more than 50 automotive dealerships now in the USA with more signing up. The company is also entertaining more international distribution and considering proposals from various overseas markets. ZAP has also been receiving inquiries from auto dealerships interested in becoming dealers under ZAP's Detroit Electric joint venture with China Youngman as they prepare for launch in 2009.
Voltage Vehicles is a wholly owned subsidiary of ZAP responsible for the distribution of advanced technology vehicles. Voltage Vehicles was acquired by ZAP in July 2002.
Kazzaz has been COO of ZAP since March 2007. He served as President of United Airlines Shuttle Division from 1995 to 1999. Prior to joining ZAP, Kazzaz served as Vice President, Cost Management for United Airlines. Kazzaz also served as Vice President, Financial Planning and Analysis for United. Before 2004, Kazzaz held various management positions with United involved in Real Estate, Finance and project management. Kazzaz serves on the Supervisory Board of Directors for the Alliant Credit Union. He holds an MBA in Finance from the University of Denver and a B.A. in International Affairs from the University of Colorado at Boulder.
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, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP has a joint venture called Detroit Electric to manufacture electric and hybrid vehicles with Youngman Automotive Group, one of China's leading manufacturers of buses and trucks. Detroit Electric is developing a freeway capable electric vehicle called the ZAP Alias in collaboration with Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. 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.
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.
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: ZAP Alex Campbell 707-525-8658 acampbell@zapworld.com
Source: ZAP
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