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Former Pirelli North America CEO Says Time Is Right for Electric Vehicles; Announces International Distribution With ZAP

SOURCE:

ZAP

2008-07-29 05:00:00

Former Pirelli North America CEO Says Time Is Right for Electric Vehicles; Announces International Distribution With ZAP

ROME, GA–(EMWNews – July 29, 2008) – Former Pirelli Tire North America president and

CEO Gaetano “Guy” Mannino, after a lifetime of association with the auto

industry, is speaking out about electric car technologies and his recent

business venture with ZAP (OTCBB: ZAAP).

Mannino’s company, Verdek, has agreed to be the distributor for ZAP in the

state of Georgia, where Mannino’s business is headquartered. However, in

an interview this week with www.CEONEWS.tv, Mannino talks about his plans

for ZAP in the US and abroad.

“I am working with ZAP to bring the products into Europe,” Mannino told

CEONEWS.tv. “There is potential for a branch in Italy. In Italy it is

getting close to $10 a gallon. The size of the ZAP vehicle is perfect for

that market. I think there is a big opportunity.” Hear the complete

interview at http://www.CEONEWS.tv.

Earlier this month, www.GlobalAtlanta.com, an online news source

representing Atlanta’s role in the global marketplace, interviewed Guy

Mannino and took a test drive in a Xebra city-speed electric car. Link:

http://stories.globalatlanta.com/2008stories/016206.html

Mannino issued a statement as a call to action in June for corporate

America to stop talking ‘green’ and start driving ‘green.’

“Now is the time for corporate America, as well as Federal, State and local

governments, to take action and proclaim our independence from oil and

gas,” he continues. “Now is the time for electric vehicles that lower fuel

costs, as well as combat pollution and global warming.”

For more information about Verdek and Verdek-EV, please visit the

tri-lingual (English, Spanish and Italian) web sites at www.Verdek.com and

www.Verdek-EV.com.

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.

This press release contains forward-looking statements. 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.

CONTACT:
Alex Campbell
ZAP
707-525-8658
[email protected]

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