Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button


DHgate

Home > Press > Mr. Eqbal Al-Yousuf Joins ZAP Board of Directors

Abstract:
Electric car pioneer ZAP (OTCBB: ZAAP) announced today that Mr. Eqbal Al-Yousuf, President of Dubai's Al-Yousuf Group, has joined ZAP's Board of Directors.

Mr. Eqbal Al-Yousuf Joins ZAP Board of Directors

DUBAI, UNITED ARAB EMIRATES and SANTA ROSA, CA | Posted on December 19th, 2007

The Al-Yousuf Group, one of Dubai's leading business conglomerates, is involved in a multitude of industries under various subsidiaries, with dealings in automobiles, information technology, telecommunications, consumer electronics, boat manufacturing, air conditioning, imperbit membrane manufacturing, real estate, transportation, elevators and escalators and more. Al-Yousuf Motors, a member of the Al-Yousuf family, is one of the leading distributors of automobiles and automotive related equipment in the Middle East.

"ZAP is a pioneer for electric and other advanced technology vehicles," said Mr. Eqbal Al-Yousuf. "The Company markets many forms of advanced transportation vehicles, including electric automobiles, fuel-efficient vehicles, motorcycles, bicycles, scooters, neighborhood electric vehicles and all terrain vehicles. It is a great pleasure to be a strategic partner with ZAP, which is involved in developing and marketing environmentally friendly products. I am highly confident that the investments we made in ZAP will be used for the growth of the company."

Recently, Al-Yousuf Group purchased US$5 million ($5,000,000) in ZAP shares.

"The Al-Yousuf group is making a very serious commitment to clean technologies," said ZAP CEO Steve Schneider. "ZAP is fortunate to have someone with the business pedigree and backing of Mr. Eqbal Al-Yousuf on its Board of Directors."

Founded in 1952, Al-Yousuf Group has 18 subsidiaries with branch offices in UAE, KSA, Qatar, Egypt, and Jordan. Under the leadership of Mr. Eqbal Al-Yousuf, the Al-Yousuf Group has a 55-year history of excellence in the Middle East. With a strategy of aggressive growth and marketing, The Al-Yousuf Group has grown remarkably over the years. Today, Al-Yousuf has a network of subsidiaries and associate companies having staff strength close to 3,000.

####

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, 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 has formed a joint venture with Youngman Automotive Group, one of the largest bus and truck manufacturers in China, to develop, manufacture and distribute a line of electric and hybrid vehicles. ZAP is also developing a new generation of advanced nanotech batteries with Advanced Battery Technologies. The Company recently launched a new technology called Recharge-It-All 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.

For more information, please click here

Contacts:
Alex Campbell
707-525-8658 x 241


Al-Yousuf Group
Mansoor Ali
97150-4578130

Copyright © Marketwire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Announcements

Chemical cages: New technique advances synthetic biology February 10th, 2016

New thin film transistor may lead to flexible devices: Researchers engineer an electronics first, opening door to flexible electronics February 10th, 2016

Superconductivity: Footballs with no resistance - Indications of light-induced lossless electricity transmission in fullerenes contribute to the search for superconducting materials for practical applications February 9th, 2016

SUNY Poly and GLOBALFOUNDRIES Announce New $500M R&D Program in Albany To Accelerate Next Generation Chip Technology: Arrival of Second Cutting Edge EUV Lithography Tool Launches New Patterning Center That Will Generate Over 100 New High Tech Jobs at SUNY Poly February 9th, 2016

Appointments/Promotions/New hires/Resignations/Deaths

Tesla NanoCoatings Gains Talents of Joe Davis as Vice President-Sales Engineer January 27th, 2016

Semblant Appoints Donald Cunningham as Chief Commercial Officer January 2nd, 2016

Beneq introduces new growth strategy and company structure - Jukka Nieminen appointed President December 15th, 2015

Kerstin Kleese van Dam Named Director of Brookhaven Lab's Computational Science Initiative September 26th, 2015

Automotive/Transportation

Canadian physicists discover new properties of superconductivity February 8th, 2016

Researchers develop completely new kind of polymer: Hybrid polymers could lead to new concepts in self-repairing materials, drug delivery and artificial muscles January 30th, 2016

An alternative to platinum: Iron-nitrogen compounds as catalysts in graphene January 28th, 2016

LC.300 Series Nanopositioning Controller from nPoint January 28th, 2016

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Canadian physicists discover new properties of superconductivity February 8th, 2016

From allergens to anodes: Pollen derived battery electrodes February 8th, 2016

Host-guest nanowires for efficient water splitting and solar energy storage February 7th, 2016

Lithium battery catalyst found to harm key soil microorganism February 7th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic