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CarCharging Provides Electric Vehicle Charging Services at Aon Center in Downtown Los Angeles

Electric Car Charging Service Provider Increases EV Charging Infrastructure in Southern California


News provided by

Car Charging Group, Inc.

Apr 23, 2013, 08:30 ET

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MIAMI BEACH, Fla., April 23, 2013 /PRNewswire/ -- Car Charging Group, Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of convenient electric vehicle (EV) charging services, through its partnership with Means Knaus Partners, a privately-held, commercial real estate firm that manages, leases, acquires, renovates and develops institutional quality real estate projects, now provides EV charging services at the Aon Center in downtown Los Angeles. The Aon Center is located at 707 Wilshire Boulevard and the EV charging services are provided on the LL1 level of the building's parking garage.

The Aon Center is a Class A office tower and is one of the tallest, most recognizable buildings on the US West Coast.  The building rises 858 feet above the LA Live project, has 62 stories with a total of 1.1 million square feet, and 1,028 parking spaces. The Aon Center is within walking distance of the best restaurants, clubs, hotels, shopping centers and city parks in urban Los Angeles. The property's anchor tenant, AON Corporation, is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting. The building also received LEED Gold Certification in October of 2010.

"California continues to be the state with the highest number of EV registrations and we are committed to developing the charging infrastructure to support EV drivers," said Michael D. Farkas, CEO of CarCharging. "With over 45,000 residents, 500,000+ weekday employees, and over 10 million non-local visitors, Downtown Los Angeles is the ideal placement for EV charging services and we are pleased to work with Mean Knaus Partners to offer these services at the Aon Center."

"In an effort to demonstrate Mean Knaus Partners' commitment to positively impacting the environment, we are proud to partner with CarCharging and provide electric car charging services to our tenants and visitors," said Peter Anastassiou, Aon's Center General Manager.  "The Aon Center is centrally located in downtown Los Angeles and we are delighted to provide EV charging services to the EV drivers of Los Angeles."

CarCharging's services utilize EV charging stations manufactured by ChargePoint®, which provide 240 volts with 32 amps of power to quickly recharge an EV's battery. EV drivers can easily request CarCharging's evCharge card on CarCharging's website (www.CarCharging.com) 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 online network connecting EV drivers to EV charging stations.

Users can pinpoint EV charging station locations using the CarCharging map at www.CarCharging.com. The ChargePoint® mobile application for iPhone, Android, and Blackberry phones also provides real-time charging station location information with turn-by-turn directions.  Drivers will soon be able to reserve a time slot, guaranteeing access to EV charging stations to recharge their electric vehicle. 

About Car Charging Group, Inc. 

Car Charging Group, Inc. (OTCQB: CCGI) is a pioneer in nationwide public electric vehicle (EV) charging services at accessible and convenient locations. Headquartered in Miami, Florida with offices in California, New York, Canada, and Spain, CarCharging is committed to creating a robust, feature-rich network for EV charging. CarCharging typically pays for all hardware, installation, maintenance and related services; therefore, eliminating initial capital costs for all property owners. 

CarCharging has 65 strategic partnerships across various business sectors.  CarCharging's partners manage or own a total of more than 6.5 million parking spaces, and include, but are not limited to City Park, Ace Parking, Central Parking, Equity One, Equity Residential, Forest City Enterprises, Walgreens, Simon Property Group, Pennsylvania Turnpike Commission, City of Miami Beach (FL), and the City of Santa Clara (CA).  CarCharging's services utilize EV charging stations manufactured by ChargePoint®.

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

About Mean Knaus Partners

Means Knaus Partners L.P. (MKP) is a privately-held, commercial real estate firm that manages, leases, acquires, renovates and develops institutional quality real estate projects with its valued clients and partners. MKP is strongly committed to positively impacting the environment. MKP is actively implementing practices across their entire portfolio in order to reduce the use of the planet's precious natural resources. Building evaluations, benchmarking and continuing education are among the keys for long-term success with their green initiatives. As part of their promise, each property within the MKP portfolio will undergo Leadership in Energy and Environmental Design for Existing Buildings (LEED-EB) certification testing. This will help to establish programs that will reduce a property's environmental impact and, where possible, allow the project to be LEED-EB certified. In addition, each project will be benchmarked and undergo Energy Star evaluation.

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:

Mean Knaus Partners Media Contact:

CarCharging Investor Relations:

Suzanne Tamargo

Naomi Goldman, NLG Communications

Constellation Asset Advisors, Inc.

[email protected]

[email protected]

www.ConstellationAA.com 

(305) 521-0200 x 214

(310) 770-2765

(415) 524-8500 

SOURCE Car Charging Group, Inc.

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