Vestar Installs ECOtality Electric Vehicle Charging Stations
SAN FRANCISCO, June 10, 2013 (GLOBE NEWSWIRE) -- ECOtality, Inc. (Nasdaq:ECTY), a leader in clean electric transportation, today announced that Vestar recently placed electric charging stations at their award-winning entertainment and retail lifestyle center, Tempe Marketplace, in Tempe, Arizona. Through this partnership, eight Blink charging systems, including handicapped accessible units, have been placed on both the north and south side of the center. These installations are part of Vestar's already well-established GreenSTAR initiative, the Southwest's first large-scale commitment to sustainable shopping center techniques.
"This sustainable infrastructure enables our customers the ability to charge their electric vehicles while they are enjoying the many offerings at Tempe Marketplace, including our stores, restaurants, movie theatre and other entertainment options," says Pat McGinley, Vestar's Vice President of Property Management.
The Blink Network of charging stations provides EV drivers the freedom to travel as they choose and conveniently charge at Blink commercial locations along the way, including Tempe Marketplace.ECOtality is the project manager of The EV Project, a research initiative to help build America's future EV infrastructure. The project will study EV infrastructure to support the deployment of EVs in key markets, by collecting and analyzing data from vehicles and chargers. For more information about The EV Project, please visit www.theevproject.com . "Our goal has always been to provide a network of chargers that are conveniently placed where consumers work, shop and play," stated Greg Fioriti, Chief Revenue Officer, ECOtality Inc. "Situated in a highly-visible and accessible area, Tempe Marketplace is an ideal location for Blink EV charging stations." About ECOtality, Inc. ECOtality, Inc. is a leader in clean, electric transportation technologies. The Company operates three complementary lines of business: Blink, Minit-Charger and eTec Labs. ECOtality offers electric vehicle charging stations under the Blink brand and provides a turnkey network operating system for EV drivers, commercial businesses and utilities. Minit-Charger manufactures and distributes fast-charging systems for material handling and airport ground support vehicles. eTec Labs is a trusted research and testing resource for governments, automotive OEMs and utilities. For more information about ECOtality, Inc., please visit www.ecotality.com . The ECOtality, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13434 About Vestar One of the leading privately held real estate companies in the western United States, Vestar specializes in the acquisition, management, and development of commercial real estate, including entertainment-retail complexes, power and lifestyle centers, and neighborhood centers of varying size and scale that serve as community shopping destinations with a unique sense of place. For more information about the GreenSTAR initiative, visit http://www.vestar.com/new/pages/GreenSTAR.php . For more information about Vestar, please visit www.vestar.com . Safe Harbor Statement This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
CONTACT: ECOtality Media: Kim Setliff firstname.lastname@example.org (415) 977.1942 ECOtality Investor Relations: Brandi Floberg or Kathy Price email@example.com (212) 481.2050 Vestar Media: Denise Hart, Vice President of Marketing, Vestar 602-553-2717
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