MIAMI BEACH, Fla. and LAS VEGAS, May 23, 2011 (GLOBE NEWSWIRE) -- Car Charging Group Inc. (OTCBB:CCGI - News), a provider of electric vehicle (EV) charging services with the mission to own and build out a nationwide network of EV charging stations, in conjunction with American Clean Energy, a leading solar integrator, has announced that it will exhibit an EV charging station at the International Council of Shopping Centers' global retail real estate convention, Recon 2011, held at the Las Vegas Convention Center from May 22 to 25.
Located at the Car Charging Group and American Clean Energy booth (#S5740), the exhibit will demonstrate Level II, 240-volt EV charging sessions with an Inzio, the world's fastest all-electric supercar. The car will be provided by Li-ion Motors Corp., a Nevada-based developer, manufacturer and marketer of high speed lithium-powered vehicles.
"We're pleased to be exhibiting at this year's REcon because it is an annual destination for experts and key players in the shopping center industry," said Brian Golomb, director of sales for Car Charging Group. "This venue gives us the opportunity to directly reach our target audience while demonstrating how easy it is to charge an electric vehicle and the benefits of installing one on their properties."
Stephen Morgan, CEO of American Clean Energy, said, "We couldn't be more excited about partnering with Car Charging Group to bring the combined 'POWER'ful combination of Solar Energy as well as EV Charging to America! This is the future of our country."
About The International Council of Shopping Centers
Founded in 1957, the International Council of Shopping Centers (ICSC) is the global trade association of the shopping center industry. Its 60,000 members in the United States, Canada and more than 80 other countries include shopping center owners, developers, managers, marketing specialists, investors, lenders, retailers and other professionals as well as academics and public officials. As the global industry trade association, ICSC links with more than 25 national and regional shopping center councils throughout the world.
About Car Charging Group, Inc.
Car Charging Group, Inc. is an owner and provider of electric vehicle charging stations with the mission to build out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with its landowner partners to identify appropriate locations for its charging stations. 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 realizes the need to establish charging station networks throughout the transportation infrastructure 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. The company launched its operations nationally in September of 2009 and is expanding its operations internationally.
Car Charging Group, Inc. is based in Miami, Fla. The company's website can be viewed at www.CarCharging.com.
About American Clean Energy
American Clean Energy is a New Jersey based developer of solar installations for municipal, retail, commercial and industrial customers. They develop and own solar installations on host customers' sites and sell the resultant electricity to those customers using innovative financing. Their team truly understands the energy marketplace and brings extensive experience in energy infrastructure, project development, finance and construction. For more information on American Clean Energy please call 973-718-2318, email Info@AmCleanEnergy.com or visit www.SolarTrackingTree.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.
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