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CarCharging Partners with Parking Concepts to Offer Electric Vehicle Charging Services

PR Newswire - Oct 02 08:30 EDT

Electric Car Charging Service Provider Further Expands Workplace Charging in Northern California

MIAMI BEACH, Fla., Oct. 2, 2013 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric vehicle (EV) charging services, announced a new partnership with Parking Concepts, Inc. ("Parking Concepts"), a parking garage operator that provides advanced parking solutions to more than 200 garages located in hospitals, stadiums, special events, offices and some of the busiest airports in the United States.

Through this partnership, CarCharging now provides EV charging services at One Concord Center, located at 2300 Clayton Road in Concord, California. The property is a 36,000 square foot, Class A office building at the intersection of Clayton Road and Park Street. It is strategically located adjacent to the Concord BART station, which provides transportation to Daly City and the San Francisco International Airport. The property has 869 parking spaces serving tenants and visitors, and the EV charging services are provided on the ground floor of the Tower Garage.

"As the electric car market continues to expand, especially in the Northern California area, we believe that it is also imperative to expand EV charging locations," said Michael D. Farkas, CEO of CarCharging. "We are pleased that Parking Concepts supports these initiatives and joins other business leaders in increasing access to EV charging stations."

"At Parking Concepts, we are committed to identifying opportunities that help our clients exceed their sustainability goals," said Jeff Spicker, Manager of Business Development for Parking Concepts "Partnering with CarCharging and delivering EV charging stations to our clients provides the opportunity to enhance the amenities of their properties and deliver a valued service."

The EV charging services provided at One Concord Center will utilize Level II EV charging stations, which provide 240 volts with 32 amps of power to quickly recharge an electric vehicle's battery. EV drivers can easily request CarCharging's evCharge card online, and attach the small card to their keychain to initiate use and payment at these locations. CarCharging's evCharge card also allows drivers to use charging locations on the ChargePoint® Network, the largest national cloud-based network connecting EV drivers to EV charging stations. CarCharging's EV charging stations also accept direct payment via credit card.

Users can pinpoint additional EV charging station locations using the CarCharging map at www.CarCharging.com.

About Car Charging Group, Inc.
Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide public EV charging services, enabling EV drivers to easily recharge at locations throughout the United States. Headquartered in Miami Beach, FL with offices in San Jose, CA; New York, NY; and Barcelona, Spain; CarCharging's business model is designed to accelerate the adoption of public EV charging services.

CarCharging provides a comprehensive turnkey program to commercial and residential property owners for EV charging services. CarCharging owns and operates the EV charging equipment; pays for all installation, maintenance, and related services; and shares the EV charging revenue with the property owner. Thereby, eliminating capital costs for the property owners, and providing a potential additional stream of revenue.

CarCharging has 87 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 Walgreens, Simon Property Group, Equity One, Equity Residential, Forest City, Ace Parking, Central/USA Parking, Icon Parking, Rapid Parking, Parking Concepts, CVS, Related Management, Pennsylvania Turnpike Commission, Pennsylvania Department of Environmental Protection, City of Miami Beach (FL), City of Hollywood (FL), and City of Norwalk (CT), that manage or own a total of over 8 million parking spaces.

CarCharging is committed to creating a robust, feature-rich network for EV charging and is technology agnostic. CarCharging's EV charging network includes equipment manufactured by Aerovironment, ChargePoint, Efacec, General Electric, Nissan, and SemaConnect. The Level II charging stations are compatible with EVs sold in the United States including the Tesla Model S, Nissan LEAF, Chevy Volt, Mitsubishi i-Miev, Toyota Prius Plug-In, Honda Fit EV, and Toyota Rav4 EV, as well as many others scheduled for release in the next few years.

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

About Parking Concepts, Inc.
Parking Concepts Inc. provides advanced parking solutions to hospitals, stadiums, special events, offices and some of the busiest airports in the United States. From valet parking to revenue control, PCI has a solution for you. Our tag line is "Turning first impressions into lasting profits" because we know that parking is one of the first experiences your visitors have when they come to your facility. The parking experience is the foundation of a great visit. We only employ the highest level of staff and take pride in making you look your best.

Founded in 1974, Parking Concepts, Inc. has maintained a single mission — to provide high quality, progressive and innovative parking services meeting our clients' image and financial goals.

Parking Concepts implements revenue control practices and procedures utilizing the most sophisticated software and information systems available today. We routinely make recommendations for the proper equipment and strategy to help reduce our client's operating costs while increasing facility efficiency.

For more information about Parking Concepts, Inc., please visit www.ParkingConcepts.com.

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.


Investor Relations and Media Contacts:



CarCharging

Media Contact:
Parking Concepts, Inc.

Media Contact:
CarCharging

Investor Relations:

Suzanne Tamargo
Jeff Spicker
Constellation Asset Advisors, Inc.

[e-mail]
[e-mail]
www.ConstellationAA.com

[phone] x 214
[phone] Ext 25
[phone]


SOURCE Car Charging Group, Inc.

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