ZAP Appoints Ramon Alvarez to its Advisory Board
SANTA ROSA, Calif., July 29 /PRNewswire-FirstCall/ -- Mr. Ramon Alvarez C, owner of Alvarez Lincoln Mercury Jaguar and Alvarez ZAP dealerships in Riverside, California, has joined industry pioneer ZAP's (OTC Bulletin Board: ZAAP) advisory board.
Commenting on the appointment, Steven Schneider, ZAP CEO said, "Mr. Alvarez has a wealth of automotive experience and will bring a fresh and welcomed perspective to our growing business in US and international markets. His creativity and market knowledge have enabled him to take a fresh approach to the car business and stands as a model for all new car dealers."
Alvarez officially opens his new ZAP dealership in Riverside today with a hosted press event. Alvarez said, "This is an exciting day for our business as we expand our lineup of cars and trucks to now include electric vehicles from ZAP. We are looking forward to increasing our presence throughout all Southern California, particularly in the government and corporate fleet sector."
Mr. Alvarez has been in the auto industry for fifteen years and is a member of the Board of Directors of the California Chamber of Commerce and has served on numerous charity boards and assisted advocacy organizations. He serves the auto industry through his position on the California New Motor Vehicle Board.
ZAP has been a leader in electric transportation since 1994, manufacturing a line of electric vehicles, including electric city-cars and trucks, motorcycles, scooters, and ATVs. ZAP sells some of the only electric city-speed cars and trucks in production today and is developing a freeway capable electric roadster called the ZAP Alias. For further 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.