SOURCE: Car Charging Group, Inc.

Car Charging Group, Inc.

July 31, 2012 08:30 ET

CarCharging to Sponsor Fundraiser for the Environmental Coalition of Miami and the Beaches (ECOMB)

ECOMB Seeks to Promote Environmental Sustainability in Miami Beach

MIAMI BEACH, FL--(Marketwire - Jul 31, 2012) - CarCharging Group, Inc. (OTCBB: CCGI) (OTCQB: CCGI), a nationwide provider of convenient electric vehicle (EV) charging services, today announced that it is one of the sponsors of the Environmental Coalition of Miami and the Beaches' (ECOMB) "2012 Greenraiser," a fundraiser taking place this July 31, 2012 at the Mondrian Hotel, 1100 West Avenue, Miami Beach, Florida, 33139. Proceeds from the 2012 Greenraiser will benefit sustainable community projects and the Miami Beach Center for the Environment. In addition to unveiling architectural plans to remodel its South Beach office, ECOMB will also be honoring recipients of the 2012 Emerald City Awards at the fundraiser.

"ECOMB is an organization that is dedicated to environmental sustainability through promotion of local projects," said Michael D. Farkas, CEO of CarCharging. "CarCharging is pleased to be able to sponsor The 2012 Greenraiser, and to contribute to ECOMB's cause in bettering the environment at a community level."

About Car Charging Group, Inc. 
Car Charging Group, Inc. (OTCBB: CCGI) (OTCQB: CCGI) is a pioneer in nationwide public EV charging services, enabling drivers to easily refuel 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 has built a robust, feature-rich network for EV charging.

Headquartered in Miami Beach, FL with offices in San Jose, CA and Barcelona, Spain, CarCharging's business model is designed to accelerate the adoption of public EV charging services. All installation, maintenance and related services are paid for by CarCharging, thus eliminating capital costs for property owners. 

CarCharging has more than 40 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, the City of West Palm Beach, and the City of Norwalk, Connecticut that manage or own a total of 6.5 million parking spaces.

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

About ECOMB

ECOMB, an environmental not-for-profit organization founded in 1994, is dedicated to the promotion of environmental sustainability and the preservation of our community's ecology.

To learn more about ECOMB, visit www.ecomb.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. Car Charging Group, Inc. undertakes no obligation to update or revise forward-looking statements to reflect changed circumstances.

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