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Electric car pioneer ZAP (OTCBB: ZAAP) today announced that Canadian Tire Corporation Limited, one of Canada's largest retailers with 468 stores, has launched sales for the ZAP Recharge-It-All battery system and has reordered for the holiday season.
ZAP has packaged its battery technology exclusively for Canadian Tire under the "NOMA Pocket Power Charger" brand. The new product hit stores in September along with "Demomercials" on Canadian television highlighting the simplicity of ZAP's battery systems. View one of the "Demomercials" online at http://youtube.com/watch?v=PBonxFcyiAA .
ZAP also makes a line of rechargeable battery systems designed exclusively for the iPod called iZAP. The technology incorporates advanced battery and intelligent charging controls to provide a mobile power source for almost any kind of portable electronic device, from cell phones, to digital cameras, digital audio players and laptops. The systems include 13 adapter tips for a wide variety of rechargeable devices. More than just a battery, Recharge-It-All can automatically sense and deliver the appropriate voltage for a range of power settings.
"The Recharge-It-All line is the off-shoot of many years of research into a better electric car battery," said ZAP CEO Steve Schneider. "Not only is it a great solution for today's digital workforce, developing advanced batteries for electric cars will involve building economies of scale, making new technologies more cost-effective through greater volume production. So a relationship with one of Canada's premier mass retailers will help."
Schneider said that ZAP has been testing similar battery technologies in its XebraŽ electric car and truck as well as its other electric vehicles and expects to offer them as an upgrade in the near future.
Schneider uses the ZAP power packs when he travels to avoid what he calls "The black screen of death," what happens when you lose power on your cell phone or PDA on a business trip: loss of the Web browsing, E-mail, cell service and text messaging. Schneider says that the typical business traveler takes three different power adapters for their mobile devices when they travel; families traveling on vacation take an average of eight adapters. With the Recharge-It-All, you can power virtually all these devices using one power adapter and even power or recharge two at the same time through a USB or DC outputs.
iZAP and Recharge-It-All batteries are now in stock. In Canada, order online under the "NOMA Pocket Power Charger" brand at http://www.canadiantire.com . In the USA, Discovery Channel Stores is selling it under the ZAP brand at http://www.DiscoveryChannelStore.com
Canadian Tire will be carrying ZAP's RX-4, RO7-PL2 and the R12 Recharge-It-All battery systems. ZAP has battery systems in several sizes depending on your needs, from the RX4-C Universal Battery Charger for $29.99 to power and recharge smaller electronics devices like cell phones and digital cameras, to the M-48 for $139.99 that can power a laptop and a smaller device at the same time. Learn more at http://www.zapworld.com .
Canadian Tire Corporation, Limited, operates more than 1,100 general merchandise and apparel retail stores, gas stations and car washes in an inter-related network of businesses engaged in retail, financial services and petroleum. Canadian Tire Retail, Canada's most shopped general merchandise retailer, with 468 stores operated by Associate Dealers across Canada, offers a unique mix of products and services through three specialty categories in which the organization is the market leader -- Automotive, Sports and Leisure, and Home Products.
ZAP (OTCBB: ZAAP) 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, hydrogen, electric, fuel cell, ethanol, hybrid and other innovative power systems, ZAP is developing a high-performance crossover SUV electric car concept called ZAP-X engineered by Lotus Engineering. ZAP is also developing a new generation of vehicles using advanced nanotech batteries with Advanced Battery Technologies. The Company recently launched a 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 .
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.
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