Car Charging Group, Inc. Brings Electric Vehicle (EV) Charging Services to Lexington Park

EV Charging Services Provides Necessary Amenity to Apartment Community in Tampa, Florida

MIAMI BEACH and TAMPA, Fla., May 4, 2012 (GLOBE NEWSWIRE) -- Residents at Lexington Park, one of the most desirable apartment communities in Tampa's prestigious west side, have gained the convenience of charging their EVs where they live. Lexington Park features luxury one, two and three bedroom apartment homes and townhomes. The deployment of convenient and accessible EV charging stations where people reside helps foster the EV revolution.

"We pride ourselves on providing our residents and customers with best-in-class amenities at our properties," said Tania Currier, Lexington Park's Property Manager. "A growing number of our residents are now driving EVs and we want to provide the convenience of refueling while at home. Residents at our Lexington Park community in Tampa are very pleased that they can now easily fill up where they live. This is a shareable amenity for all of our tenants." 

Electric vehicles already on the market include the Nissan Leaf, the Chevy Volt, the BMW ActiveE, and the Ford Focus Electric, and the Fisker Karma.  EV drivers may also soon be able to purchase from a wider variety of cars including the Toyota Prius Plug-in Hybrid, the Honda Fit EV, and the Tesla Model S that are forecasted to be out in June.

Car Charging Group installs fast EV charging stations, known as Level II, which provide 240 volts with 32 amps of power, in order to quickly refuel an electric vehicle's battery. The EV charging stations utilize the standard SAE J1772™ connector widely adopted by nearly all automobile manufacturers. 

EV drivers can easily register and create a Car Charging account online. They attach a small card to their keychain to initiate use and payment at any intelligent CarCharging station.   The CarCharging keychain card also allows drivers to use other charging locations that are on the ChargePoint® Network. Should an EV driver not have or own a keychain card, Car Charging also supports direct payment via credit card.

Users can pinpoint exact station locations using the Car Charging map at http://www.carcharging.com/. The ChargePoint® mobile application also provides real-time charging station locations with turn-by-turn directions. In a forthcoming upgrade, drivers will soon be able to reserve a time slot, guaranteeing access to the station to recharge their car. 

About Car Charging Group, Inc.  

Car Charging Group, Inc. (OTCBB:CCGI) is a pioneer in nationwide public EV charging services,  enabling drivers to easily refuel anytime, anywhere throughout North America. Car Charging Group provides a comprehensive turnkey electric vehicle charging service to commercial and residential property owners. Employing the most advanced technology, Car Charging Group has built a robust, feature-rich network for EV charging.

Headquartered in Miami, FL with offices in San Jose, CA and Barcelona, Spain, the Car Charging Group's business model is designed to accelerate the adoption of public EV charging services. All installation, maintenance and related services are paid for by Car Charging Group thereby reducing the capital costs for a property owner to zero. 

Car Charging Group has more than 25 strategic partnerships with organizations across business sectors, including municipalities, shopping malls, parking garages, retail parking, and multi-family residential and commercial properties, accommodating more than 6.4 million parking spaces. Car Charging Group's partners include Ace Parking, Central Parking, Equity One, Equity Residential, Icon Parking, Rapid Parking, Related, USA Parking, Walgreens, The Pennsylvania Department of Environmental Protection, The City of Miami Beach, The City of West Palm Beach and others.

For more information about Car Charging Group, Inc., please visit www.CarCharging.com.

About Lexington Park:

Lexington Park is owned by Lexington Park at Westchase, LLC, which is a company which is part of the Crescent Heights® group of companies. Crescent Heights® companies comprise one of the United States' largest and most well-respected names in residential real estate development. Crescent Heights® is a registered trade name for a group of single purpose entities who are permitted to use the name. During the past thirty years Crescent Heights® companies have acquired, developed, operated, and managed over seventy real estate projects throughout the world. Its projects are "best in class" with an extraordinarily successful track record in new residential construction and the acquisition of existing residential product.  In the nation's most exclusive urban enclaves from one coast to the other, Crescent Heights® companies have earned a reputation for producing landmark, high-rise new construction residences, as well as Hotels, Office Space, and Rental Properties. Crescent Heights® properties have dramatically reshaped the traditional concepts of living in America. These attributes define their properties.    For more information, visit website at www.crescentheights.com.  

Forward-Looking Safe Harbor Statement:

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future.  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. Car Charging Group, Inc. undertakes no obligation to update or revise forward-looking statements to reflect changes.

CONTACT: Investor Relations and Media Contacts:
         For Car Charging Group, Inc.
         Sue Jessee
         Marketing Matters
         sue@mktgmatters.com
         913.209.3860