Press Releases

Car Charging Group Commences Electric Vehicle (EV) Charging Services at Comfort Suites Hotel in Palm Bay, Florida

MIAMI BEACH, Fla., Jan. 19, 2012 (GLOBE NEWSWIRE) -- Car Charging Group, Inc. (OTCBB:CCGI), the leading provider of electric vehicle (EV) charging services, and the Comfort Suites hotel located at 1175 Malabar Rd NE, in Palm Bay, Fla., today announced that hotel guests and travelers driving EVs will now have the convenience of easily re-charging in the Palm Bay area.

"Our partner in this project, Comfort Suites, owned and operated by Laxmi, Inc. of Palm Bay, is a forward-thinking hotel operator that is focused not only on providing its guests with superior amenities but also supporting green initiatives. Hotel operators across the country are experiencing an increasing demand from their guests for EV charging services," said Michael D. Farkas, Chief Executive Officer of Car Charging Group, Inc. "Partnering with hotel operators like Laxmi is crucial to establishing a nationwide EV charging infrastructure and we look forward to expanding our relationship with additional EV charging stations at additional properties."

Car Charging Group utilizes Level II, 240-volt, EV charging stations, manufactured by Coulomb Technologies, the leading EV charging solutions company. Comfort Suites guests now have access to the ChargePoint® Network, the largest global online network connecting EV drivers to unoccupied charging stations. Car Charging Group will provide flexible payment options, the ability to make reservations, and tracking of customer usage patterns, energy use, costs and revenues, all via the ChargePoint Network's cloud-based software service plans for managing EV charging operations. Through the network, EV drivers benefit from ChargePoint mobile apps (iPhone, Blackberry and Android), mapping services and driver support services. Laxmi will also be able to offer EV charging services at its Comfort Suites hotel at no cost to the Company while sharing in the revenue generated.

"Even though the installation has been recently completed, guest reception to the EV charging has been very positive," said Neil Patel, General Manager of Comfort Suites, Palm Bay. "Not only have EV drivers been charging up, we have received favorable feedback from other guests who applaud our support of a greener environment."

About Car Charging Group, Inc.:

Car Charging Group, Inc. (OTCBB:CCGI), headquartered in Miami, Florida, is the pioneer and 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. After strategically assessing the most suitable and visible locations with our facility partners, we install and maintain the EV charging stations at no cost to our partners. Our partners benefit by sharing in the revenue generated from the EV charging stations while enhancing green initiatives throughout their business operations. Since we launched operations in 2009, we have developed contractual relationships with 30 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
         407-566-1180
Source: Car Charging Group, Inc.