Envision Solar Announces Major Technology Advancement For Solar Tree® Array
New Engineered Foundation for Solar Tree® Structures Facilitates Fast & Easy Installation of Envision Solar's Drag & Drop Infrastructure™ Product Line
SAN DIEGO, April 4, 2013 /PRNewswire/ -- Envision Solar International, Inc. ("Envision Solar")(OTCBB: EVSI), a leading sustainable infrastructure product designer and developer, today announced that the company has successfully completed the engineering, manufacturing and installation of its engineered, pre-fabricated foundations for Solar Tree® Arrays. The first such foundations have received planning department approval and successfully deployed for a Solar Tree® structure deployment in California. A significant improvement from prior methods, this new pre-fabricated foundation is part of Envision Solar's Drag & Drop Infrastructure™ product line that offers much faster, more efficient deployment of the Solar Tree® structures. The foundations were deployed in a few hours rather than several days using a method that creates far less risk and requires far fewer inspections and other time consuming and costly steps than the traditional methods formerly employed.
Envision Solar's President and CEO, Desmond Wheatley, stated, "This is a major improvement to our product and a significant further step in our evolution towards product deployment and away from construction projects. This highly scalable approach enables us to deliver increased quality for less money and in much less time. Very importantly, we have worked out how to deploy these iconic structures with minimal impact to our customer's locations. This will have a huge impact on our ability to execute on the very large volume of deployments we anticipate in the coming months and years. Great news for our customers and shareholders alike."
The Solar Tree® structure's foundation was the last component of the product that still required significant amounts of work in the field. Now an engineered solution will be delivered as part of Envision Solar's Solar Tree on a Truck™. Foundations that used to take several days of fieldwork will now be delivered and installed in less than two hours resulting in dramatically reduced costs and impact to the customer location. Envision Solar's product deployments will be exposed to significantly reduced risks associated with field labor, weather and site-specific conditions which are expensive and can result in cost overruns.
For more information about Envision Solar, visit www.envisionsolar.com.
Envision Solar International
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company's flagship products include the patented Solar Tree® and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations. Based in San Diego, California the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company's commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the "Green Halo." Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.
This Press Release may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.
SOURCE Envision Solar International, Inc.
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