CarCharging Appoints Former Secretary of the United States Department of Energy and Ambassador to the United Nations, and For...
December 17 2012 - 8:15AM
Marketwired
MIAMI
BEACH, FL--(Marketwire - December 17, 2012) -
Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"),
a nationwide provider of convenient electric vehicle (EV) charging
services, announced today the appointment of former Secretary of
the United States Department of Energy, former Ambassador to the
United Nations, and former Governor of New Mexico, Bill Richardson,
as the Chairman of its Board of Directors. Bill Richardson recently
completed his second term as Governor of New Mexico, where in 2006,
he was re-elected by the largest margin of victory for any Governor
in state history.
Governor Richardson made New Mexico the "Clean Energy State" by
requiring utilities to meet 20% of New Mexico's electrical demand
from renewable sources, and established a Renewable Energy
Transmission Authority to deliver New Mexico's world-class
renewable resources to market. Prior to serving as Governor,
Richardson had a very successful career in public service and has
been nominated several times for the Nobel Peace Prize. Prior
to being elected Governor, Richardson served as Secretary of the
U.S. Department of Energy; U.S. Ambassador to the United Nations
and 15 years as a New Mexico Congressman representing the
3rd Congressional
District.
"We are delighted to welcome Governor Bill Richardson as the
Chairman of the Board of Directors of CarCharging," said Michael D.
Farkas, CEO of CarCharging. "EVs have made tremendous strides since
their launch. EV sales have outpaced sales of traditional
hybrids during the first two years of their respective launch
periods, and 2012 EV sales, not including December, are more than
250% greater than 2011 sales. To support the development of EV
charging infrastructure, we believe that there should be a
partnership between business and government, and we are confident
that the Governor's vision, leadership, and experience will provide
a bridge between these sectors."
"I am pleased to join CarCharging's Board and to serve as their
Chairman," said Governor Bill Richardson. "CarCharging has
outpaced all others in their field and I look forward to working
with this industry pioneer in hopes to accelerate the development
of EV charging infrastructure and to reduce the nation's dependence
on fossil fuels."
Governor Richardson currently serves as Senior Fellow for Latin
America at Rice University's James A. Baker III Institute for
Public Policy, and participates on several non-profit and
for-profit boards including Abengoa's International Advisory Board,
the fifth largest biofuels producer in the U.S., WRI World
Resources Institute, and the National Council for Science and the
Environment.
Jason Lyons, Chairman of Lyons Capital, LLC, facilitated the
introduction between CarCharging and Mr. Richardson.
About Car Charging Group,
Inc.Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in
nationwide public Electric Vehicle (EV) charging services, enabling
drivers to easily recharge anytime, anywhere throughout North
America. 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, FL with offices in San Jose, CA;
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, 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.
Forward-Looking Safe Harbor
StatementThis 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.
CarCharging Media Contact:Suzanne Tamargo(305) 521-0200
x214Suzanne@CarCharging.comCarCharging Investor
Relations:Constellation Asset Advisors, Inc.(415)
524-8500www.ConstellationAA.com
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