Car Charging Group President Interviewed on Fox's "NewsEdge" Broadcast
MIAMI BEACH, Fla., Jan. 13, 2011 (GLOBE NEWSWIRE) -- Andy Kinard, President of Car Charging Group, Inc. (OTCBB:CCGI), an owner and provider of electric vehicle (EV) charging services, was featured on "NewsEdge" in Washington, D.C., the evening television news program on WTTG-TV, an owned-and-operated television station of the Fox Broadcasting Company.
The segment, hosted by Roz Plater, focused on the first electric vehicle charging station installed in a residential building in Washington, D.C.
During the segment, Kinard presented an EV charging station, located at 425 Mass Apartments on Massachusetts Avenue, N.W. and demonstrated how easily residents of the building can charge electric vehicles using the station installed in the building's parking garage. Tesla Motors (Nasdaq:TSLA) provided their electric vehicle the Roadster for the segment.
In addition, Kinard informed businesses on the benefits of installing an EV charging station, "It'll bring customers to you and then when they get here it's going to take them a couple of hours to get any useable amount of electricity so they'll walk around and spend money."
By investing at the forefront of the electric car revolution, Car Charging Group seeks to become the leading provider of electric car charging services. To view the segment, please visit http://www.myfoxdc.com/dpp/traffic/first-residential-car-charging-station-in-dc-011211.
About Car Charging Group, Inc.
Car Charging Group, Inc. is an owner and provider of electric vehicle (EV) charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with its landowner partners to identify appropriate locations for its charging stations. The Company provides convenient, safe and affordable charging stations away from home in customer-friendly public locations, including municipalities, shopping malls, parking garages, multi family residential and commercial properties.
An estimated 40 million plug-in electric vehicles, such as the Nissan LEAF, GM Chevrolet Volt, Fisker Karma, Tesla Model S, Ford Focus EV as well as many others, are expected to be on the road by 2030. Car Charging Group and other companies in the EV industry realize the need to establish charging station networks throughout the transportation infrastructure to provide easy access to energy everywhere drivers live and work. By investing at the forefront of the electric car revolution, Car Charging Group seeks to become the leading provider of electric car charging services. The Company launched its operations nationally in September of 2009 and is expanding its operations internationally.
Car Charging Group, Inc. is based in Miami, Florida. The Company's website can be viewed at www.carcharging.com.
Forward-Looking Safe Harbor Statement:
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Those statements include statements regarding the intent, belief or current expectations of Car Charging Group, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed.
CONTACT: Press Contact: Joanne Kaniewski One University Plaza, Suite 507 Hackensack, New Jersey 07601 jkaniewski@beckermanpr.com tel: 201.465.8019 fax: 201.649.1081 Investor Relations 305-521-0150Source: Car Charging Group, Inc.