Car Charging Group is a Featured Sponsor With Corporate Profile Minute on Popular Larry Kudlow Radio Program
The Show is Broadcast on WABC 770am in New York City
MIAMI BEACH, Fla., Dec. 12, 2011 (GLOBE NEWSWIRE) -- Car Charging Group, Inc. (OTCBB:CCGI), a provider of electric vehicle (EV) charging services, announced today the Company is a featured sponsor with a Corporate Profile Minute on the popular Larry Kudlow radio program on WABC 770am in New York City, the number one talk radio station in America.
Larry Kudlow is host of CNBC's primetime "The Kudlow Report" (7pm-8pm ET) and the co-host of CNBC's "The Call" (11am-12pm ET). He hosts "The Larry Kudlow Show" on WABC Radio on Saturday mornings from 10am to 1pm. He is also the founder and CEO of Kudlow and Company, LLC, an economic research and consulting firm. Mr. Kudlow is a familiar face in Washington and on Wall Street -- a renowned free market, supply-side economist armed with knowledge, vision, and integrity acquired over a storied career spanning three decades.
Kudlow served in President Ronald Reagan's administration as Associate Director for Economics and Planning in the Office of Management and Budget. He is a nationally syndicated columnist, noted author and serves as an editor for National Review. He hosts The Kudlow Report each weeknight at 7 p.m. ET on CNBC and also co-hosts The Call for the television network, which airs weekday mornings at 11 a.m. ET. He offers a tremendous wealth of insight and expertise to help investors better navigate tomorrow's evolving economic and political terrain.
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 worldwide in 2030. 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: For Car Charging Group, Inc. Kevin S. Inda Corporate Communications, Inc. (CCI) kevin.inda@cci-ir.com 407-566-1180Source: Car Charging Group, Inc.