The Zastava PPZ is the latest generation of the CZ 99 series of handguns chambered in multiple calibers.

The top of the slide was flattened, sides were slanted (similarly to those of H&K USP), bore axis was lowered by 4 mm, trigger mechanism as well as slide release and decocking mechanism were also redesigned, longer beaver tail was added and magazine capacity was increased from 15+1 to 17+1.

In 2010, a prototype was unveiled on IWA Show in Nuremberg under the new working name "RASHOMON" The biggest difference was the new polymer frame featuring Interchangeable back strap and a full length MIL-STD-1913 rail.

The Zastava PPZ will feature a polymer frame, interchangeable back strap and an extended Mil-Std-1913 rail that will run the entire length of the slide.

It is expected that the design will be modular requiring only the barrel, recoil spring, magazine and possibly the extractor to convert the gun from one caliber to another.