-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Mw5bqaNkW0siUxnG26oFF0HeHJOwX2DC83rJhKZPkyrZOY/vmXawbMOcYJhEohGq JDwgyzy3rZ1puNFGzj+O9A== 0001072613-09-001274.txt : 20090821 0001072613-09-001274.hdr.sgml : 20090821 20090821103125 ACCESSION NUMBER: 0001072613-09-001274 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090816 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090821 DATE AS OF CHANGE: 20090821 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZAP CENTRAL INDEX KEY: 0001024628 STANDARD INDUSTRIAL CLASSIFICATION: MOTORCYCLES, BICYCLES & PARTS [3751] IRS NUMBER: 943210624 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32534 FILM NUMBER: 091027794 BUSINESS ADDRESS: STREET 1: 501 FOURTH STREET CITY: SANTA ROSA STATE: CA ZIP: 95401 BUSINESS PHONE: 7075258658 MAIL ADDRESS: STREET 1: 501 FOURTH STREET CITY: SANTA ROSA STATE: CA ZIP: 95401 FORMER COMPANY: FORMER CONFORMED NAME: ZAPWORLD COM DATE OF NAME CHANGE: 19990715 FORMER COMPANY: FORMER CONFORMED NAME: ZAP POWER SYSTEMS INC DATE OF NAME CHANGE: 19970319 8-K 1 form8-k_16573.htm FORM 8-K DATED 8-16-09 WWW.EXFILE.COM, INC. -- 888-775-4789 -- ZAP -- FORM 8-K


 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 16, 2009

 
ZAP
(Exact name of registrant as specified in its charter)

     
California
001-32534
94-3210624
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)

   
501 Fourth Street
Santa Rosa, CA
95401
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code (707) 525-8658
 
N/A
(Former name or former address, if changed since last report.)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
[   ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 
 
 

 
Item 8.01.  Other Events
 
On August 21, 2009, ZAP issued a press release announcing the appointment of   Dr. Priscilla Lu as Chairman of Board of Directors.  Dr. Lu has served as a director of ZAP since August 6, 2009.  The appointment was ratified and confirmed by ZAP’s Board of Directors at meeting held on August 16, 2009. The former Chairman Mr. Eqbal Al Yousuf will remain on ZAP’s  Board of Directors.

A copy of the press release is incorporated by reference and filed as Exhibit 99.1 to this report.

Item 9.01(c).  Exhibits
 
Exh. No.              Description
 
99.1                      Press Release of ZAP dated August 21, 2009
 

 
 
2

 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                   
             
ZAP
   
                
 
   
                
 
Date: August 21, 2009
                
By:  /s/ Steven M. Schneider
                   
 
Steven M. Schneider
                   
 
Chief Executive Officer

 
 
 
 
3

 
 
 
EX-99.1 2 exh99-1_16573.htm PRESS RELEASE WWW.EXFILE.COM, INC. -- 888-775-4789 -- ZAP -- EXHIBIT 99.1 TO FORM 8-K
EXHIBIT 99.1

FOR IMMEDIATE RELEASE


Priscilla M. Lu, Ph.D. to Chair Electric Vehicle Pioneer ZAP Board

SANTA ROSA, California (August 21, 2009) – The board of directors of electric vehicle pioneer ZAP (OTC BB: ZAAP) unanimously elected Priscilla M. Lu, Ph.D. as Chair of its Board of Directors.
 
Dr. Lu is a 30-year telecommunications and networking executive and entrepreneur formerly with AT&T Bell Laboratories as well as Founder, Chairman and CEO of interWAVE Communications Ltd., and ViDeOnline Communications Ltd.
 
“We are delighted to have Dr. Lu leading our Board of Directors,” said ZAP CEO Steve Schneider.  “With her vision and background, we unanimously agreed her passion, focus and global industry experience in technology companies producing exceptional quality and innovative products are ideally suited for ZAP’s Chair position.  Eqbal Al Yousuf was pleased to nominate her and shares the same vision and priorities in the significant opportunities ahead for ZAP.  He believes in the same principles of focus and building strong fundamentals, thus monetizing the practical experience base the Company has had through its long history in the electric vehicle industry.”
 
Dr. Lu, Ph.D. succeeds Eqbal Al Yousuf, who served as Chairman of ZAP since June of 2008.  Mr. Al Yousuf will remain a director on ZAP’s board.
 
 “The electric vehicle industry is on a new trajectory invigorated by a sense of urgency and support from both the governments of major nations and the auto industry globally,” said Dr. Lu.  “This situation is driven by demands for all alternatives to dependency on oil and strong interest from consumers as well as institutions in need of more ecological and economical alternative energy vehicles.  With the recent rapid advancement in battery and motor technologies, we are seeing practical and viable designs for electric vehicles offering a wide range of options in performance and capabilities.”
 
“ZAP has a long history in electric vehicles and extensive experience in electric power train conversion and new technology integration, so the company is well positioned to take the lead in providing a competitive, durable and quality product line working in partnership with established auto industry players. As Chairperson of ZAP, I will draw on my expertise in technologies and relationships with global partners and clients in this sector to enhance the Company’s product offerings and differentiated value while accelerating its market penetration,” she concluded.
 
Dr. Lu is currently the Managing Partner and Founder of Cathaya Funds, a global private equity fund based in Silicon Valley and China focusing on international business alliances in China. Its Hong Kong-based Better World International, Ltd. invests and develops electric vehicle technologies and electric fast charge smart grid infrastructure networks for power grid companies. ZAP recently announced Better World International's $25 million investment and financing with the company to help accelerate a multi-stage growth strategy on electric power train technologies, with integration of state of the art battery management systems, battery technologies as well as multi-gear motor engines.
 
 
 

 
Through her involvement with Cathaya Funds, Dr. Lu also is a principal in the foundation of China Broadband Inc., a company heavily invested in interactive broadband, wireless and cable media programming in China. For the five years prior, Dr. Lu was China Advisor to Mayfield Fund, a forty-year old venture capital firm with over $2.8 billion under management. Dr. Lu helped found GSR Fund for Mayfield, a venture capital fund in China overseeing more that $700 million in investments.
 
She holds a Ph.D. in Electrical Engineering and Computer Science from Northwestern University and B.S. and M.S. degrees in Computer Science and Mathematics (Honors) from the University of Wisconsin and has over 50 patents in the area of telecommunications and networking.
 
For more news and information on ZAP, visit www.IRGnews.com/coi/ZAAP where you can find the CEO's video, a fact sheet on the company, investor presentation, and more.
 
About ZAP

ZAP has been a leader in electric transportation since 1994, delivering over one hundred thousand vehicles to consumers in more than seventy-five countries. ZAP manufactures 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, trucks and vans in production today and is developing a freeway capable electric vehicle called the ZAP Alias. For product, dealer and investor information, visit http://www.zapworld.com.

About Better World International, Ltd.

Better World International Ltd., a BVI company with headquarters in Hong Kong, is focused on investing in developing electric car technologies and service businesses. It is working on joint partnerships in China that can build out the electric power infrastructure grid networks for electric cars, and on opportunities with companies that provide the core technologies to enhance electric power train conversion as well as improving fast charge pumps for recharge stations.

Forward-Looking Statement

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.


Contact:
Investor Relations Group
212-825-3210

Investor Relations
Rachel Olson or Michael Crawford

Media Relations
Laura Colontrelle

 
 

 

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