Corporate
ZAP Announces Plan to Reorganize Under Chapter 11
Submitted by acampbell on Fri, 03/01/2002 - 21:00.
SEBASTOPOL, Calif.-March 1, 2002-ZAP (NASDAQ:ZAPP) filed a voluntary petition today for reorganization under Chapter 11 of the U. S. Bankruptcy Code with the U.S. Bankruptcy Court in Santa Rosa, California. The protection of Chapter 11 allows ZAP to reorganize its business operations and finances. The Company plans to use existing cash, revenue generated from normal business activities, and the benefits of relief opportunities provided by Chapter 11 to finance operations through this period and to create new business opportunities in 2002.
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ZAP and eMOTORS Create Marketing Alliance
Submitted by acampbell on Thu, 01/17/2002 - 21:00.
SEBASTOPOL, California (January 17, 2002) - Electric scooter pioneer ZAP (NASDAQ:ZAPP) today announced it has signed a cooperative marketing agreement with eMOTORS of San Rafael, California.
An electric vehicle distributor, eMOTORS owns local distribution rights for the Sparrow, a unique, three-wheeled electric vehicle manufactured by Corbin Motors. The single-occupancy Sparrow falls under a motorcycle classification. Unlike a normal motorcycle, the Sparrow is fully enclosed for protection from the elements. Capable of traveling up to 70 MPH, the Sparrow is freeway-legal and can even travel in California carpool lanes.
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ZAP Adds Sales and Marketing Muscle
Submitted by acampbell on Mon, 01/14/2002 - 21:00.
SEBASTOPOL, California (January 14, 2002) - Alternative transportation developer ZAP (NASDAQ:ZAPP) today announced that veteran marketer Gerry Guerin has joined the Company as its Director of Sales and Marketing.
Initially hired as a consultant in October, Guerin brings more than 25 years of marketing management, retail chain store, and mass merchandise experience to assist ZAP in expanding the retail marketplace for its electric scooters, bicycles and other alternative transportation and recreational vehicles.
Previously, Guerin was the founder of Monterey Marketing and Western Regional Sales Manager for Federated Group.
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New ZAP Store in San Rafael Sports Indoor Electric Scooter Track
Submitted by acampbell on Fri, 12/14/2001 - 21:00.
SEBASTOPOL, Calif. (December 14, 2001) - Rain or shine, take a visit to the new ZAP electric scooter store in San Rafael, kick the tires, take a test lap, and even take one home for the holidays.
The ZAP store at Northgate Mall has an indoor track that offers test rides and amusement rides on the future of transportation. Opened by electric vehicle pioneer ZAP of Sebastopol, California, the new store features folding electric scooters, moped-class electric scooters, electric bicycles and more. ZAP makes the popular electric scooter called the ZAPPY, which was featured on The Today Show, ridden by pop-rock sensation Smashmouth, and featured in Disney's new film "The Princess Diaries."
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ZAP Launches Online Auction for Electric Vehicles at www.zapworld.com
Submitted by acampbell on Fri, 11/02/2001 - 21:00.
SEBASTOPOL, Calif., Nov. 2, 2001 (PRIMEZONE) -- Electric vehicle pioneer ZAP (Nasdaq:ZAPP - news) has launched a new online service at http://www.zapworld.com where customers can name their own price on close-out, surplus, demos and used electric scooters, bicycles, cars and more.
Mario Bertacco, Director of Internet Marketing for ZAP, said the new bid feature has already increased Internet sales during the two-week testing period. The auction even has non-motorized ZAP bicycles, inline scooters and parts.
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