Press Releases

Car Charging Group Installs EV Charging Stations for Union Station Parking Garage in Washington, D.C.

WASHINGTON and MIAMI BEACH, Fla., June 13, 2011 (GLOBE NEWSWIRE) -- Car Charging Group Inc. (OTCBB:CCGI), a provider of electric vehicle (EV) charging services with the mission to own and build out a nationwide network of EV charging stations, has completed the installation of two EV charging stations at the Union Station Parking Garage in Washington, D.C. The Union Station Parking Garage is one of the first public parking facilities in Washington DC which is now equipped to provide EV car charging services to the public.

"We are pleased to announce the completion of this installation for the Union Station Parking Garage," said Michael D. Farkas, chief executive officer of the Miami Beach, Fla.-based Car Charging Group. "Through our partnership, we are able to provide the people of Washington, D.C., with a network of EV charging stations, which will make the transition of the greatly anticipated roll-out of EVs over the next couple of years much smoother."

Car Charging Group installed 2 Level II, 240-volt, Networked Charging Stations for EVs, at the Union Station Parking Garage located at 30 Massachusetts Ave. NE, which is managed by USPG, LLC, a collaboration of Colonial Parking Inc.® and Epark of DC, two of the leaders in parking in the DC area.

"We're excited to be able to offer our customers the option to charge their electric vehicles," said David Ball, president of the Union Station Redevelopment Corporation. "At Union Station Parking Garage, we have a passion for excellence, and are constantly looking for ways to better the experience for our clientele. As such, we believe that the rollout of EVs of the next five to 10 years will be substantial. And by offering EV charging stations, we are poised to meet the increased demand from electric car owners while simultaneously working towards transportation solutions that are more sensitive to the environment."

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 realizes 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, Fla.  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.

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Source: Car Charging Group, Inc.