SOURCE: Car Charging Group, Inc.

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January 03, 2013 08:57 ET

CarCharging™ Now Provides Electric Vehicle Charging Services at MITRE in Massachusetts and Virginia

MIAMI BEACH, FL--(Marketwire - January 03, 2013) -  Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric vehicle (EV) charging services, now provides EV charging services at The MITRE Corporation's campuses in Bedford, Mass., and McLean, Va. MITRE is a not-for-profit organization that operates federally funded research and development centers.

"We are delighted to offer MITRE employees on-site, electric vehicle charging services," said Michael D. Farkas, CEO of CarCharging. "MITRE and its employees are working together to help reduce their impact on the environment, and we are honored to support their efforts."

"MITRE is committed to being a good environmental steward," said Ray Leavitt, director of Corporate Real Estate at MITRE. "We look for ways to help support environmentally friendly practices on our campuses."

CarCharging's services utilize EV charging stations manufactured by ChargePoint®, which provide 240 volts with 32 amps of power to quickly recharge an EV's battery. EV drivers can easily request a CarCharging card online to initiate use and payment at any intelligent CarCharging station. The CarCharging card also allows drivers to use charging locations on the ChargePoint® Network, the largest national online network connecting EV drivers to EV charging stations.

Users can pinpoint EV charging station locations using the CarCharging map at www.CarCharging.com. The ChargePoint® mobile application for iPhone, Android, and Blackberry phones also provides real-time charging station location information with turn-by-turn directions. Drivers will soon be able to reserve a time slot, guaranteeing access to EV charging stations to recharge their electric vehicle. 

About Car Charging Group, Inc.
Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide public EV charging services, enabling drivers to easily recharge anytime, anywhere throughout the United States. CarCharging provides a comprehensive turnkey electric vehicle charging service to commercial and residential property owners. Employing the most advanced technology, CarCharging is committed to creating a robust, feature-rich network for EV charging.

Headquartered in Miami Beach, Fla., with offices in San Jose, Calif.; Toronto, Canada; and Barcelona, Spain, CarCharging's business model is designed to accelerate the adoption of public EV charging services. CarCharging pays for all installation, maintenance and related services; therefore, eliminating capital costs for property owners. 

CarCharging has more than 45 strategic partnerships across multiple business sectors including multi-family residential and commercial properties, parking garages, shopping malls, retail parking, and municipalities. CarCharging's partners include, but are not limited to 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, Fla., the City of Hollywood, Fla., and the City of Norwalk, Conn. that manage or own a total of 6.5 million parking spaces.

For more information about CarCharging, please visit www.CarCharging.com.

About The MITRE Corporation
The MITRE Corporation is a not-for-profit organization that provides systems engineering, research and development, and information technology support to the government. It operates federally funded research and development centers for the Department of Defense, the Federal Aviation Administration, the Internal Revenue Service and Department of Veterans Affairs, the Department of Homeland Security, the Administrative Office of the U.S. Courts, and the Centers for Medicare & Medicaid Services, with principal locations in Bedford, Mass., and McLean, Va. To learn more, visit www.mitre.org.

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. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Contact Information

  • Investor Relations and Media Contacts:
    CarCharging Media Contact: 
    Suzanne Tamargo                                          
    Suzanne@CarCharging.com                              
    (305) 521-0200 x 214

    CarCharging Investor Relations:                    
    Constellation Asset Advisors, Inc.
    www.ConstellationAA.com
    (415) 524-8500