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<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>y14675exv99w1.txt
<DESCRIPTION>PRESS RELEASE
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                                                                    EXHIBIT 99.1


      Zapata Corporation Files 12B-25 Notice to Extend the Filing Due Date
                         of its Third Quarter Form 10-Q


ROCHESTER, N.Y. - November 10, 2005 -- Zapata Corporation (NYSE: ZAP) today
announced that it has filed a Form 12b-25, Notification of Late Filing, with the
Securities and Exchange Commission ("SEC"), in order to extend the filing due
date for its Quarterly Report on Form 10-Q for the third quarter ended September
30, 2005. This filing extends the November 9, 2005 filing due date for up to
five days under SEC rules. The Company expects to file its third quarter Form
10-Q within the five-day extension period.

As previously reported in Zapata's Current Report on Form 8-K filed with the SEC
on August 31, 2005 and Current Report on Form 8-K filed with the SEC on
September 26, 2005, three of the fish processing facilities of Omega Protein
Corporation (OTCBB: OME), a majority-owned subsidiary of Zapata, were severely
damaged as a result of Hurricanes Katrina and Rita.

Omega has reported that it requires additional time to ensure that its estimates
of damage amounts and insurance recovery from the hurricanes will be accurate.
Omega has informed Zapata that as a result of Hurricanes Katrina and Rita, Omega
will be unable to prepare and timely file its Quarterly Report on Form 10-Q for
the period ended September 30, 2005. Omega intends to file the Omega 10-Q within
the five-day extension period.

As a result of Omega's inability to prepare and timely file the Omega 10-Q,
Zapata is unable to prepare and timely file its Quarterly Report on Form 10-Q
for the period ended September 30, 2005. Zapata intends to file its third
quarter Quarterly Report on Form 10-Q within the five-day extension period.

For the three and nine month periods ended September 30, 2005, the Company is
estimating net losses of approximately $13.2 million and $12.6 million,
respectively, resulting primarily from the third quarter recognition of a $10.8
million loss on the proposed sale of the Company's shares of Safety Components
International, Inc. (OTCBB: SAFY) Common Stock, and the Company's share of
Omega's estimated losses for these periods.

Although Zapata has agreed to sell its shares of Safety Components
International, Inc. (OTCBB: SAFY) for $51.2 million and originally purchased
these shares for $47.8 million, the Company recorded an accounting loss on the
transaction of approximately $10.8 million during the quarter ended September
30, 2005. Despite selling its interest in Safety Components for a cash gain,
Zapata recorded an accounting loss primarily due to Safety Components'
generation of net income subsequent to Zapata's acquisition of Safety's common
stock. During the periods in which Zapata consolidated Safety's results of
operations, Safety Component's recognition of net income caused Zapata's
carrying value in the investment in Safety's common stock to increase by its
share of Safety's net income. Accordingly, concurrent with the approval of
Zapata's board of directors to sell its interest in Safety Components, Zapata
was required to record a loss equal to the difference between its carrying
value in Safety Component's common stock and the net selling price.

Omega Protein has reported that it is estimating to incur a $9.5 million pre-tax
loss for the quarter ended September 30, 2005 resulting primarily from the
recognition of an estimated $13.2 million charge related to Hurricanes Katrina
and Rita.

About Zapata:

Zapata is a holding company which currently has two operating companies, Safety
Components International, Inc. and Omega Protein Corporation. As of September
30, 2005, the Company had a 77% ownership interest in Safety Components and a
58% ownership interest in Omega Protein. In addition, Zapata owns 98% of Zap.Com
Corporation (OTCBB: ZPCM), which is a public shell company.




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The Company makes certain reports available free of charge on its website at
www.zapatacorp.com as soon as reasonably practicable after this information is
electronically filed, or furnished to, the United States Securities and Exchange
Commission.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: The statements contained in this release which are not historical facts
are "forward-looking" statements that involve risks and/or uncertainties
including without limitation, estimated losses for the reported time periods may
be greater than anticipated, the possibility that the sale of Safety Components
will not close or that the closing of the sale may be delayed, and those
additional risks as described in the "Significant Factors That Could Affect
Future Performance and Forward-Looking Statements" in the Company's Quarterly
Report on Form 10-Q for the period ended June 30, 2005. You are cautioned not to
place undue reliance on any forward-looking statements. The Company's actual
actions or results may differ materially from those expected or anticipated in
the forward-looking statements. The Company does not undertake any obligation to
release publicly any revisions to these forward-looking statements to reflect
events or circumstances after the date of this press release.

Contact:
Zapata Corporation
Leonard DiSalvo, CFO
585/242-8703
http://www.zapatacorp.com







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