Car Charging Group, Inc. Brings Electric Vehicle (EV) Charging Services to
Astoria Tower in Chicago
EV Charging Service Provides Necessary Amenity to Multifamily Residential in
MIAMI BEACH, Fla. and ATLANTA, May 23, 2012 (GLOBE NEWSWIRE) -- Residents at
Astoria Tower, one of the most desirable luxury apartment communities in the
heart of Chicago, Illinois, can now enjoy the convenience of charging their
electric vehicles (EVs) where they live. Car Charging Group's (OTCBB:CCGI)
deployment of convenient and accessible EV charging stations where people
reside helps foster the EV revolution.
"Our residents count on us to deliver best-in-class amenities at our
properties," said Marcella Doyle, Astoria Tower property manager. "A growing
number of our residents are now driving EVs and we wanted to provide the
convenience of refueling while at home. Working with Car Charging Group to
provide a shareable amenity, we are very pleased to enable Astoria Tower
residents to easily recharge their EVs where they live."
At Astoria Tower, Car Charging Group has installed a Coulomb Technologies EV
fast charging station, known as Level II, which provides 240 volts with 32
amps of power, in order to quickly refuel an electric vehicle's battery. The
EV charging stations utilize the standard SAE J1772™ connector widely adopted
by nearly all automobile manufacturers. Users have access to the ChargePoint®
Network, the largest national online network connecting EV drivers to EV
EV drivers can easily register and create a Car Charging account online, and
attach a small card to their keychain to initiate use and payment at any
intelligent CarCharging station. The Car Charging keychain card also allows
drivers to use charging locations on the ChargePoint® Network. Car Charging
also accepts direct payment via credit card.
Users can pinpoint EV charging station locations using the Car Charging map at
http://www.carcharging.com/. The ChargePoint® mobile application also provides
real-time charging station locations 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.
Electric vehicles already on the market include the Nissan Leaf, Chevy Volt,
Toyota Prius Plug-in Hybrid, BMW ActiveE, Ford Focus Electric, Fisker Karma
and Tesla Model S. Additional electric vehicle models are expected to be
available later this year.
About Car Charging Group, Inc.
Car Charging Group, Inc. (OTCBB:CCGI) is a pioneer in nationwide public EV
charging services, enabling drivers to easily refuel anytime, anywhere
throughout North America. Car Charging Group provides a comprehensive turnkey
electric vehicle charging service to commercial and residential property
owners. Employing the most advanced technology, Car Charging Group has built a
robust, feature-rich network for EV charging.
Headquartered in Miami Beach, FL with offices in San Jose, CA and Barcelona,
Spain, the Car Charging Group's business model is designed to accelerate the
adoption of public EV charging services. All installation, maintenance and
related services are paid for by Car Charging Group, thus eliminating capital
costs for property owners.
Car Charging Group has more than 37 strategic partnerships across multiple
business sectors including multi-family residential and commercial properties,
parking garages, shopping malls, retail parking, and municipalities. Car
Charging Group's partners include, but are not limited to Ace Parking, Central
Parking, Equity One, Equity Residential, Icon Parking, Rapid Parking, Related,
USA Parking, Walgreens, The Pennsylvania Department of Environmental
Protection, The City of Miami Beach, The City of West Palm Beach, and The City
of Norwalk, Connecticut that manage or own a total of 6.4 million parking
For more information about Car Charging Group, Inc., please visit
About Astoria Tower:
Forty three (43) units at Astoria Tower are individually owned and 205 units
are owned by 8 East Ninth, LLC, which is a company which is part of the
Crescent Heights® group of companies. Crescent Heights® companies comprise one
of the United States' largest and most well-respected names in residential
real estate development. Crescent Heights® is a registered trade name for a
group of single purpose entities who are permitted to use the name. During the
past thirty years Crescent Heights® companies have acquired, developed,
operated, and managed over seventy real estate projects throughout the world.
Its projects are "best in class" with an extraordinarily successful track
record in new residential construction and the acquisition of existing
residential product. In the nation's most exclusive urban enclaves from one
coast to the other, Crescent Heights® companies have earned a reputation for
producing landmark, high-rise new construction residences, as well as Hotels,
Office Space, and Rental Properties. Crescent Heights® properties have
dramatically reshaped the traditional concepts of living in America. These
attributes define their properties. For more information, visit website at
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. Car Charging Group, Inc. undertakes no obligation
to update or revise forward-looking statements to reflect changes.
CONTACT: Investor Relations and Media Contacts:
For Car Charging Group, Inc.
Sue O'Neil Jessee
Constellation Asset Advisors, Inc.
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