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Tuesday, June 17, 2008

Al Yousuf Acquires 50 Percent Interest in ZAP Recharge-It-All Battery Line

Al Yousuf Acquires 50 Percent Interest in ZAP Recharge-It-All Battery Line



DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA, Jun 17, 2008 - Mr. Eqbal Al Yousuf has purchased a 50 percent interest of the Recharge-It-All Battery line of battery systems for mobile electronics from alternative transportation pioneer ZAP (OTCBB: ZAAP) for US$1 Million ($1,000,000).



Mr. Al Yousuf made the $1 million purchase personally following his announcement last week of his intentions. Eqbal Al Yousuf is the President of The Al Yousuf Group and was recently appointed Chairman of ZAP's Board of Directors.



According to officials from ZAP and Al Yousuf, samples of ZAP's Recharge-It-All technology have been shipped to Dubai for testing.



ZAP's Recharge-It-All is a new rechargeable battery system for mobile electronics that can power or recharge low voltage handheld devices from mobile phones, to smart phones, digital audio players, cameras, PDAs, laptops and more. To order, visit http://www.zapworld.com.



RX4-C AA Universal Battery Charger from ZAP can power a variety of low-voltage consumer electronics through a built-in USB adapter, but you can also remove the four rechargeable AA batteries for use in other electronics. Learn more at http://www.zapworld.com.



The Al Yousuf Group is one of the largest trading groups in The Middle East. Subsidiary Al Yousuf Electronics, established in 1977, operates six sales offices with a staff strength of over 230 employees. In 2005, Al Yousuf Electronics opened the largest-ever LG Electronics Showroom in Dubai. The subsidiary markets a variety of consumer products, including air conditioners, refrigerators, washing machines, freezers, and water coolers. A Gallup poll of UAE consumers recognized Al Yousuf Electronics as 'No. 1 customer satisfaction and after sales services provider.'



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.



ZAP is a featured Company on Investorideas.com Green portals, China portal , Middle East and Tech portal.



For full details, click here: http://www.renewableenergystocks.com/CO/ZAAP/Default.asp



Contact:

Contact:

Alex Campbell

ZAP

707-525-8658 x 241

acampbell@zapworld.com



Al-Yousuf Group

Mansoor Ali

97150-4578130

mansoorali@alyousuf.com



Source: ZAP

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