The Archipelago Exchange(SM) (ArcaEx(R)) Announces Exclusive Listing of ZAP
21 Juin 2005 - 4:35PM
PR Newswire (US)
The Archipelago Exchange(SM) (ArcaEx(R)) Announces Exclusive
Listing of ZAP CHICAGO, June 21 /PRNewswire-FirstCall/ -- The
Archipelago Exchange(SM) (ArcaEx(R)), the world's largest
fully-electronic stock exchange, today announced that Zero Air
Pollution(R) (ZAP), a leader in the advancement of transportation
technologies and energy products, has listed exclusively on ArcaEx,
a facility of the Pacific Exchange, under the four character ticker
symbol: ZAPZ. "Like ArcaEx, ZAP is a leader and an innovator in
their industry, and we look forward to serving as a fair and
transparent marketplace for the company and its shareholders," said
Jerry Putnam, CEO of the Archipelago Exchange. "We are excited to
list on an exchange that focuses on efficiency much like we do,"
said Steve Schneider, CEO of ZAP. "ArcaEx offers ZAP the
opportunity to increase awareness in the investor community." In
addition to providing the advantages of electronic trading, ArcaEx
enables NYSE-, Amex- and Nasdaq-listed companies and their
investors to reap the benefits of ArcaEx's investor focused market
structure. ArcaEx operates as an all-electronic auction market,
with an open limit order book matching buyers and sellers directly
based on simple price and time priority, leveling the playing field
for all market participants. Currently over 230 companies are
listed on ArcaEx, a facility of the Pacific Exchange. In addition
to its own listings, the exchange trades all NYSE, Nasdaq, and Amex
listed stocks. Archipelago Holdings, Inc., the parent company of
ArcaEx, announced on January 3, 2005 that the company has entered
into a definitive agreement to acquire PCX Holdings, Inc., parent
company of the Pacific Exchange and PCX Equities, Inc. About ArcaEx
Archipelago Holdings (PCX:AX) operates The Archipelago Exchange(SM)
(ArcaEx(R)) the first totally open all-electronic stock exchange in
the United States. ArcaEx trades all Nasdaq-listed equity
securities and exchange listed equity securities, including those
listed on the New York Stock Exchange(R), American Stock
Exchange(R), and Pacific Exchange(R). In addition to offering core
execution services, ArcaEx provides corporate clients with listing
services and innovative data products. In 2004, Archipelago
launched ArcaVision to provide corporate and trading clients with
more transparent market data, analytical tools and access to
market-wide and ArcaEx specific trading information. Archipelago
Holdings completed its initial public offering in August 2004. For
more information please visit http://www.arcaex.com/. About ZAP
ZAP, Zero Air Pollution(R), has been a leader in advanced
transportation technologies and energy products since 1994. ZAP
serves the multi-billion- dollar markets for next-generation
transportation and power products through three divisions: ZAP
Automotive; ZAP Personal Transportation; and ZAP Energy. The
Company has delivered more than 90,000 fuel-efficient and
pollution-free vehicles powered by gasoline, electric, hydrogen and
other fuels to customers in more than 75 countries around the
world. ZAP holds exclusive license from Smart-Automobile LLC to
deliver the popular European-made Smart Car, a high-efficiency gas
vehicle, to the American marketplace. ZAP "Americanizes" the Smart
Car to meet U.S. federal and state safety and emissions standards.
The U.S. Environmental Protection Agency and the Department of
Transportation have approved a Smart Car model Americanized by ZAP
for domestic use in 45 U.S. states. ZAP is not affiliated with, or
authorized by, smart gmbh, the manufacturer of SMART automobiles,
or the smartUSA division of Mercedes-Benz LLC, the exclusive
authorized U.S. importer and distributor of those vehicles. ZAP
purchases its vehicles from non-affiliated direct importer
Smart-Automobile LLC. The Company's all-electric vehicles include
the ZAP Intimidator LUV and ZAP Worldcar neighborhood and urban
electric cars, ZAPPY(R) Scooters, Mobility Scooters, Bikes and All
Terrain Vehicles (ATV). These products offer convenient, dependable
and fun transportation that's heavy duty, powerful and noise-free.
The ZAP Portable Energy division has developed a next-generation,
multi- use battery for electronic products that delivers up to four
times the power of typical batteries, to charge or power a variety
of devices, including cell phones, digital cameras, DVD and MP3
players, camcorders and laptops. For more information, visit
http://www.zapworld.com/. For investor-specific information, please
visit http://www.trilogy-capital.com/tcp/html/zap.htm.
Forward-Looking Statements Certain statements in this press release
may contain forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements
are based on Archipelago's current expectations and involve risks
and uncertainties that could cause Archipelago's actual results to
differ materially from those set forth in the statements. There can
be no assurance that such expectations will prove to be correct.
Factors that could cause Archipelago's results to differ materially
from current expectations include: general economic and business
conditions, industry trends, competitive conditions, regulatory
developments as well as other risks or factors identified in the
Company's filings with the Securities Exchange Commission,
including its Report on Form 10-K for the fiscal year ending
December 31, 2004 which is available on the Company's website at
http://www.archipelago.com/. You should not place undue reliance on
forward- looking statements, which speak only as of the date of
this press release. Except for any obligation to disclose material
information under the Federal securities laws, Archipelago
undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after
the date of this press release. Contact: Archipelago Margaret Nagle
312-442-7083 DATASOURCE: Archipelago Exchange CONTACT: Margaret
Nagle, Archipelago, +1-312-442-7083 Web site:
http://www.archipelago.com/ http://www.zapworld.com/
http://www.trilogy-capital.com/tcp/html/zap.htm
http://www.arcaex.com/
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