ZAAP | Former Pirelli Tire North American CEO Says Time Is Right For Electric Vehicles

OTCBB Penny Stock News

Jul 29, 2008 6:00:00 AM
ROME, GA -- (MARKET WIRE) -- 07/29/08 -- Former Pirelli Tire North America president and CEO Gaetano "Guy" Mannino, after a lifetime of association with the auto industry, is speaking out about electric car technologies and his recent business venture with ZAP (OTCBB: ZAAP).

Mannino's company, Verdek, has agreed to be the distributor for ZAP in the state of Georgia, where Mannino's business is headquartered. However, in an interview this week with, Mannino talks about his plans for ZAP in the US and abroad.

"I am working with ZAP to bring the products into Europe," Mannino told "There is potential for a branch in Italy. In Italy it is getting close to $10 a gallon. The size of the ZAP vehicle is perfect for that market. I think there is a big opportunity." Hear the complete interview at

Earlier this month,, an online news source representing Atlanta's role in the global marketplace, interviewed Guy Mannino and took a test drive in a Xebra city-speed electric car. Link:

Mannino issued a statement as a call to action in June for corporate America to stop talking 'green' and start driving 'green.'

"Now is the time for corporate America, as well as Federal, State and local governments, to take action and proclaim our independence from oil and gas," he continues. "Now is the time for electric vehicles that lower fuel costs, as well as combat pollution and global warming."

For more information about Verdek and Verdek-EV, please visit the tri-lingual (English, Spanish and Italian) web sites at and