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Press release from Marketwire

ZENN Motor Company Releases Consultant's Report

Tuesday, October 23, 2012

ZENN Motor Company Releases Consultant's Report16:22 EDT Tuesday, October 23, 2012TORONTO, ONTARIO--(Marketwire - Oct. 23, 2012) - ZENN Motor Company Inc. (TSX VENTURE:ZNN) ("ZMC" or the "Company"), announced that it has received a formal report from its consultant (Mr. John Galvagni, an expert in capacitors with extensive industry experience in energy storage) documenting his observations on the technological progress achieved by EEStor, Inc. ("EEStor") during his recent visits to its facilities. A copy of the document can be viewed at the following link or on the Company's website at About ZENN Motor Company Inc.The Company's goal is to be the provider of leading edge power storage solutions and related technologies to the automotive industry.Technologies and solutions, powered by EEStor's electrical energy storage units (EESU) have the potential to enable OEM and Tier 1 partners to deliver advanced electric transportation solutions to their customers. The Company's Technology Agreement with EEStor provides certain exclusive rights to purchase and deploy EEStor's EESU technology.FOR FURTHER INFORMATION PLEASE CONTACT: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Contact Information: ZENN Motor Company Inc.Natasha VandesluisChief Financial Officer416-535-8395 ext.