CarCharging and J.P. Morgan Partner to Provide Electric Vehicle Charging Services at Dublin Corporate Center in Northern California

MIAMI BEACH, Fla., May 30, 2013 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric vehicle (EV) charging services, is pleased to announce its partnership with J.P. Morgan, a leader in financial services.  J.P. Morgan provides the world's most prestigious corporations with exceptional environments that meet their office space needs, and through its partnership with CarCharging, J.P. Morgan will enhance the amenities at Dublin Corporate Center in Dublin, California by providing EV charging services. 

Dublin Corporate Center is a three building, Class A office campus ideally located along the Interstate 580 corridor at 4120 Dublin Boulevard. The campus is just three miles from the I-580/I-680 interchange, less than one mile from the BART station with shuttle service, and has approximately 1,600 parking spaces.  Additionally, the center is within walking distance of a variety of restaurants, coffee shops, banks and grocery stores.  The center was recognized by the City of Dublin with the Business Efficiency Award in 2011.

"We are delighted to offer EV charging services to the tenants and guests of the Dublin Corporate Center," said Michael D. Farkas, CEO of CarCharging.  "Northern California continues to be one of the largest markets for electric cars and we are thrilled that a leader in the real estate industry, such as J.P. Morgan, recognizes the additional value that EV charging services bring to the center."

CarCharging's services utilize EV charging stations, known as Level II, 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 any intelligent CarCharging station. 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 also accepts direct payment via credit card.

Users can pinpoint EV charging station locations using the CarCharging map at www.CarCharging.com. The ChargePoint® mobile application for the iPhone, Android, and Blackberry phones also provides real-time charging station location information with turn-by-turn directions.  

About Car Charging Group, Inc.  

Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide public EV charging services, enabling drivers to easily recharge anytime, anywhere throughout the United States. 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; New York, NY; 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 85 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 Parking, Icon Parking, Rapid Parking, USA Parking, CVS, Related Management Company, 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.

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

SOURCE Car Charging Group, Inc.