ZAP to Display With Fuel Cell Partner Anuvu at Hydrogen Conference in Santa Fe, February 17-18
16 Fevereiro 2005 - 11:01AM
PR Newswire (US)
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/
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