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ZAP Signs Agreement With Costco

November 30, 2004

SANTA ROSA, CA — Advanced automotive technology Company ZAP announced on November 24 that it has signed an agreement with Costco Wholesale Corporation to supply the retailer with the newest in its line of energy-efficient and advanced technology vehicles.ZAP has entered into a vendor-supplier relationship with Costco. ZAP´s new ZAPPY(3) electric scooter is now available at Costco.com and ZAP CEO Steve Schneider says the two companies are in discussion on a full-line of ZAP´s products.Schneider added that ZAP is in discussions to bring some of its other new products to nationwide retailers, including its new lithium-ion battery system, ZAP Portable Energy, which powers a wide range of mobile electronic devices. ZAP also announced this week that the EPA has approved the 60-MPG SMART Car from Europe, clearing the way for U.S. sales by ZAP.ZAP pioneered the electric scooter market in 1997 with its ZAPPY Classic folding electric scooter. The new ZAPPY(3) continues ZAP´s drive to be a leader for Zero Air Pollution (ZAP) technologies.
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