Steve Schneider, CEO for electric vehicle pioneer ZAP (OTC.BB:ZAAP - News) has been named Vice Chairman of Samyang Optics Co.,Ltd. (Kospi: 008080.KSE) to support their entry into the electric vehicle market.
"Steve Schneider has extensive auto industry experience, particularly in electric vehicle integration," said Samyang Optics CEO, Christopher Kang, M.D. "This appointment as Vice Chairman signifies our commitment to the electric vehicle business venture with ZAP."
Since 1994, ZAP has delivered over 117,000 of a broad range of vehicles to more than 75 countries. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. For further information on ZAP, visit http://zapglobal.wordpress.com.
Samyang Optics Co., Ltd.
Samyang, located in Masan, Korea, is a developer of optical lenses and a range of applications for closed circuit television systems used extensively in highly important security settings such as casinos and banks, as well as government and commercial buildings. Founded in 1972, Samyang's securities are publicly traded on the Korean stock exchange. Samyang is an exclusive supplier for "Made in Korea" lenses to Sears and has made lenses for Nikon, Canon, Minolta and Yashica. In 2004 Samyang merged with Japanese optical device maker Seikou.
Safe Harbor 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 ZAP's products, increased levels of competition, new products and technological changes, ZAP's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP's periodic reports filed with the Securities and Exchange Commission.
Since 1994, ZAP has delivered over 117,000 of a broad range of vehicles to more than 75 countries. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. For further information on ZAP, visit http://zapglobal.wordpress.com.
Samyang Optics Co., Ltd.
Samyang, located in Masan, Korea, is a developer of optical lenses and a range of applications for closed circuit television systems used extensively in highly important security settings such as casinos and banks, as well as government and commercial buildings. Founded in 1972, Samyang's securities are publicly traded on the Korean stock exchange. Samyang is an exclusive supplier for "Made in Korea" lenses to Sears and has made lenses for Nikon, Canon, Minolta and Yashica. In 2004 Samyang merged with Japanese optical device maker Seikou.
Safe Harbor 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 ZAP's products, increased levels of competition, new products and technological changes, ZAP's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP's periodic reports filed with the Securities and Exchange Commission.
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