Car Charging Group CEO Michael D. Farkas to be Interviewed on Money on the Mark Radio Program
The Program Will be Broadcast on WMCA 570am in New York City at 4:30 p.m. EST, Saturday, December 3rd
MIAMI BEACH, Fla., Dec. 2, 2011 (GLOBE NEWSWIRE) -- Michael D. Farkas, Chief Executive Officer of Car Charging Group, Inc. (OTCBB:CCGI), a provider of electric vehicle (EV) charging services, will be interviewed on the financial radio program Money on the Mark, which will air on WMCA 570am in New York City on Saturday, December 3rd, at 4:30 p.m. EST. Mr. Farkas will discuss the expanding EV charging infrastructure, the Company's plans for being at the forefront of this evolution, manufacturer's plans for expanding their EV models and other industry trends. The program will be aired live or you can listen to the live stream over the Internet at http://den-a.plr.liquidcompass.net/player/flash/audio_player.php?id=WMCAAM&uid=118. Listeners are urged to access the link two minutes before the broadcast.
About Car Charging Group, Inc.:
Car Charging Group, Inc. (OTCBB:CCGI), headquartered in Miami, Florida, is one of the nation's fastest growing providers of EV charging services. Our ultimate mission is to establish a nationwide infrastructure, enabling EV and Plug-in Hybrid Electric Vehicle (PHEV) owners to charge their EVs anytime, anywhere in North America and ultimately Europe and Asia. Our strategy is to be a "first in" strategic partner with businesses, municipalities, shopping malls, parking garages, multi-family residential and commercial properties, and others who are expected to have high numbers of EVs at their locations. We work with our landowner partners to identify appropriate locations for their units and then install and maintain the EV charging units. Since we launched operations in 2009, we have developed contractual relationships with 29 leading partners that own more than 6.4 million parking spots. More than one 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 in the U.S. by 2015 with estimates calling for more than 40 million on the road in 2030 worldwide. For more information about Car Charging Group, Inc., please visit 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: Investor Relations and Media Contact: Kevin S. Inda Corporate Communications, Inc. (CCI) for Car Charging Group, Inc. kevin.inda@cci-ir.com 407-566-1180Source: Car Charging Group, Inc.