There is a pressing need for new sources of energy, with transportation fuels expected to account for almost 57% of total world oil consumption by 2020, prompting both federal and state legislation to support alternative fuel research (Source: Energy Information Administration). Oil and gas currently account for more than half of global energy supply, and fossil fuels are expected to continue to be the main source for world energy well into the 20th century (Source: International Energy Agency). Oil production is in decline in 33 of the 48 largest oil producing countries (Source: Worldwatch Institute), but energy demand is increasing around the globe, and by 2020, some predict that the world's energy consumption will be 40% higher than it is today (Source: World Energy Outlook 2004). The total global oil and gas consumption is 127.8 million barrels per day, or 1,480 barrels per second (Source: OPEC.org). In addition, the sustained use of fossil fuels has created other global environmental concerns, particularly over global warming. For instance, the Intergovernmental Panel on Climate Change (IPCC) has stated that, "most of the observed increase in globally averaged temperatures since the mid-twentieth century is very likely due to the observed increase in anthropogenic (man-made) greenhouse gas concentrations…" (Source: Intergovernmental Panel on Climate Change, Climate Change 2007: The Physical Science Basis).

ZAP (OTCBB: ZAAP) stands for Zero Air Pollution®. ZAP is an innovative, emerging company with a mission to become a leading brand and distribution portal of advanced technology vehicles. ZAP was founded with strong core values that prioritize the environment, social responsibility, and sustainable business practices while maintaining profitability. The Company is convinced that mounting concerns over rising fuel costs as well as environmental degradation and global warming have fostered unprecedented awareness of these issues and created unique market conditions. In order to meet the demands of this underserved market, ZAP has developed a comprehensive product line to meet the growing demands of the environmentally conscious consumer focused on two primary businesses: ZAP Automotive, ZAP Electric Vehicles and ZAP Recharge-It-All. Through its growing network of ZAP Dealers, ZAP is rapidly expanding to offer its products worldwide.

To balance worldwide economic growth with weak oil supply growth, oil prices will rise 14% in the second half of 2008, according to investment bank Goldman Sachs. In a report released May 16, Goldman Sachs said the price surge is needed to balance global gross domestic product growth of 3.8% against oil supply growth of just 1%. The bank's average second-half 2008 West Texas Intermediate price forecast is now $141/bbl, up from a previous estimate of $107/bbl, an increase of 32%. (Source: Oil and Gas Journal). Goldman analyst Arjun N. Murti stated, "the possibility of $150-$200 per barrel seems increasingly likely over the next six-24 months…" (Source: Bloomberg.com). In his 2006 State of the Union Address, President George W. Bush admitted, "America is addicted to oil." However, he was hopeful for a solution, stating, "The best way to break this addiction is through technology." ZAP is convinced that its unique products offer a realistic solution today, with the potential to offer a realistic alternative to the cycle of dependence on non-renewable fossil fuels that are susceptible to unpredictable market fluctuations, and are often imported from politically unstable regions.

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.