ECOtality Selected As 2012 New Energy Pioneer

Bloomberg New Energy Finance today announced ECOtality, Inc. (NASDAQ: ECTY), a leader in clean electric transportation and storage technologies, as a 2012 New Energy Pioneer. Now in its third year, the Bloomberg New Energy Finance Pioneer program named nine other companies at the fifth annual Bloomberg New Energy Finance Summit in New York.

“ECOtality is honored to have been awarded the Bloomberg New Energy Pioneer Award, and to be amongst this elite group of fellow honorees,” said Jonathan Read, CEO of ECOtality, Inc. “This award signifies Blink’s vitality within the burgeoning electric transportation industry, and is yet another validator of the EV space. Being recognized by Bloomberg is a true testament to the value of a strong team that is passionate about the change they strive to make every day.”

The Blink Network is a robust operating platform that enables EV chargers to integrate with utilities and other third parties to facilitate data exchange, utility services, energy management, media communications, and membership and payment programs. The Blink Network provides EV drivers the freedom to travel as they choose and conveniently charge at Blink-enabled commercial locations along the way.

The Bloomberg New Energy Finance Pioneers program identifies companies from around the world that are changing the energy landscape forever. An independent panel of industry experts from banking, academia, corporations, utilities and technology providers chose the honorees by assessing them against three criteria: potential scale, innovation and momentum.

This year’s winners represent a broad range of industries including bioenergy, energy storage, electric vehicles, smart grid, solar and water. Each of the New Energy Pioneers have innovative, proven technologies, robust business models, the ability to demonstrate traction and momentum in their activities, and the potential for global scale. By rewarding game changing innovators, Bloomberg New Energy Finance hopes to highlight the speed of change in the sectors it serves, which play such an important role in the shift towards a low-carbon economy.

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