ZERO Motorcycles Founder Leaves Company

ZERO MOTORCYCLES FOUNDER LEAVES COMPANY TO ENTER THE SKIORSKY COMPETITION

 -- Investors and Employees Grateful for Neal Saiki’s Effort to Successfully Launch Zero Motorcycles Inc. --

SANTA CRUZ, Calif., (March 8, 2011)  – Zero Motorcycles, the global leader in the electric motorcycle industry
today announced that its founder, Neal Saiki, is leaving his daily
operational responsibilities for the company. He will be re-entering
the Igor I. Sikorski Human Powered Helicopter Competition, which Neal
first pursued at Cal Poly, San Luis Obispo as an aeronautical
engineering student in 1989. Neal and his wife, Lisa, founded Zero
Motorcycles Inc. (then called Electricross) in their garage in Scotts
Valley, Calif., in January of 2006. Now, five years later, the company
has built a strong management team, an employee base of over 60 people
and has just announced the industry’s broadest line of electric
motorcycles for 2011.

“Neal
had the vision, the talent and the courage to launch an electric
motorcycle company before there really was an electric motorcycle
industry, or even a market.  His vision and hard work have helped make
Zero the industry leader,” stated long-time Zero Motorcycles Board
Member, Aflalo Guimarães, Managing Director of The Invus Group, Zero’s
largest investor. “We are grateful to Neal and will continue to rely on
his vision and counsel.”  Zero Motorcycles is also a corporate sponsor
of Neal’s entry into the competition.

Zero
Motorcycles has added several industry veterans to its management team
over the past year and is well positioned to execute the vision with
which Neal launched the company. “Founding Zero was exciting, fun and a
lot of hard work.  At this point, I think it is well established. I’m
extremely proud of the team we’ve assembled to carry Zero into the
future. I can now move on to pursuing the dream of building a human
powered flying machine,” stated Neal.

About Zero Motorcycles

Zero Motorcycles is committed to transforming the motorcycling
experience by bringing to market highly innovative electric motorcycles
that offer exceptional value and performance. Zero is powered by
innovation, driven by passion, guided by integrity and measured by
results. Through extensive research, insight and experience, Zero
combines the art and science of motorcycle development to create and
manufacture products that excite consumers and inspire brand loyalty.
Zero is determined to be the preeminent global electric motorcycle
company.

FOR MEDIA: For more information, contact (951) 719-1040 or media@zeromotorcycles.com.

For press information, videos and photos go to http://www.zeromotorcycles.com/press.

For more information on Zero Motorcycles or to learn more about its complete motorcycle line including the Zero S, Zero DS, Zero XU, Zero MX and Zero X motorcycles, visit: http://www.zeromotorcycles.com.