Car Charging Group CEO Featured on Fox News with Neil Cavuto

Michael D. Farkas Explains Electric Car Charging Market on National News Channel

MIAMI BEACH, Fla., Oct. 31, 2011 (GLOBE NEWSWIRE) -- Michael D. Farkas, Chief Executive Officer of Car Charging Group Inc. (OTCBB:CCGI), a provider of electric vehicle ("EV") charging services, appeared in a taped news segment that ran on October 17^th on Fox News Channel, the national cable and satellite television news channel that broadcasts to over 102 million households in the United States.

The broadcast segment, titled "Betting Big on Electric Cars," was hosted by Fox News Channel's correspondent Neil Cavuto who spoke to Michael D. Farkas about the electric vehicle charging infrastructure.

With more than 20 electric vehicle models, including the Chevrolet Volt, made by GM, and the Nissan LEAF, hitting the U.S. market over the next three years and $5 billion in government-backed investments for battery technology and consumer incentives, the U.S. EV market is poised for tremendous growth and widespread adoption. However, as the Fox segment notes, the transportation infrastructure must be updated 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.

To view the segment, please visit http://www.foxbusiness.com/on-air/cavuto/index.html#/v/1223321747001/betting-big-on-electric-cars/?playlist_id=87065.

About Car Charging Group, Inc.

Car Charging Group Inc. is an owner and provider of EV charging stations with the mission to establish a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the company acquires, installs and maintains electric vehicle charging stations and works with its landowner partners to identify appropriate locations for its units. 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 recognizes the need to establish a comprehensive network of charging stations that delivers easy, convenient access to drivers wherever they live, work and play. 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 looking to expand 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. 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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