Exhibit 99
SAVE THE WORLD AIR, INC. ELECTS BOARD AND OFFICERS
North Hollywood (May 28, 2004) – Save the World Air, Inc. (Pink Sheets: ZERO) held its 2004 Annual Meeting of Stockholders on May 24, 2004, at which the following individuals were elected as directors of the company:
| Edward L. Masry | ||
| Eugene E. Eichler | ||
| Bruce H. McKinnon | ||
| Robert F. Sylk | ||
| Hon. John J. Brown | ||
| John F. Price, Ph.D. | ||
| Joseph Helleis |
Stockholders also approved a new option plan for the company and ratified the appointment of the company’s auditor for the current fiscal year.
“I am heartened by the strong turnout by the company’s stockholders, including so many from overseas,” observed Edward L. Masry, Chairman of the Board and Chief Executive Officer of the company. “We appreciate the continued support of our stockholders and welcome their participation and high degree of interest in their company’s affairs”.
At the Board of Directors’ annual meeting, which followed the stockholders’ meeting, the newly-elected board appointed officers of the company as follows:
| Edward L. Masry | Chairman of the Board and Chief Executive Officer | |||
| Eugene E. Eichler | President, Chief Financial Officer and Treasurer | |||
| Bruce H. McKinnon | Chief Operating Officer and Executive Vice President of Business Development | |||
| Nate Shelton | Vice President of Marketing and Sales | |||
| Janice Holder | Secretary |
“We have a strong management team to lead our company,” commented Eugene E. Eichler, President of the company. “This is the team that speaks for the company and will help us move forward.”
Save the World Air, Inc. is engaged in the research and development of a device, called ZEFS, designed to solve the complex problems caused by automobile pollution for carbureted, fuel injection gasoline engines and engines that use diesel fuels. It is also in the process of adapting other proprietary technologies to work on 2/4 stroke engines.