CarCharging(TM) and Crescent Heights Partner to Bring Electric

CarCharging(TM) and Crescent Heights Partner to Bring Electric
Vehicle Charging Services to Residents at Tao Sawgrass in Sunrise,
EV Charging Services Provide Necessary Amenity for Condominium
MIAMI BEACH, FL -- (Marketwire) -- 10/23/12 --   Car Charging Group,
Inc. (OTCQB: CCGI) ("CarCharging"), a nationwide provider of
convenient electric vehicle (EV) charging services, is pleased to
announce that its EV charging services are now offered at the Tao
Sawgrass Condominium. The property is located at 2681 North Flamingo
Road in Sunrise, Florida and the EV services are located in the
parking garage. This marks CarCharging's first installation in the
City of Sunrise. 
"Offering our EV charging services at Tao Sawgrass in Sunrise is
exciting because it continues to demonstrate CarCharging's expansion
of EV charging services at multifamily properties and in our own
South Florida market," said Michael D. Farkas, CEO of CarCharging.
"We are pleased to offer EV charging to the Tao Sawgrass residents,
and look forward to providing services at additional Crescent Heights
locations in the future." 
"At Tao, we are all about comfort," said Gilbert Martinez, Property
Manager for Tao Sawgrass. "This is why we are proud to introduce our
newest amenity, the EV charging station, which will make the lives of
our residents even simpler." 
CarCharging's services utilize EV charging stations manufactured by
ChargePoint(R), known as Level II, which provides 240 volts with 32
amps of power to quickly refuel an electric vehicle's battery. EV
drivers can easily request a CarCharging account online, and attach a
small card to their keychain to initiate use and payment at any
intelligent CarCharging station. The CarCharging RFID card also
allows drivers to use charging locations on the ChargePoint(R)
Network, the largest national online 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 The ChargePoint(R)
mobile application for the 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 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 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;
thereby, eliminating capital costs for property owners.  
CarCharging has more than 40 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 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, Florida, the City of Hollywood, Florida and the City of
Norwalk, Connecticut that manage or own a total of 6.5 million
parking spaces. For more information about CarCharging, please visit 
About Crescent Heights:
 In the nation's most exclusive urban
enclaves from one coast to the other, Crescent Heights has earned a
reputation for producing landmark, high-rise new construction
residences, as well as Hotels, Office Space, and Rental Properties.
Our properties have dramatically reshaped the traditional concepts of
living in America. The finest amenities. Innovative architecture.
Signature interiors. Quality construction. These attributes define
Crescent Heights' properties. As one of the nation's largest
developers and marketers of high-rise, multifamily housing and
hotels, the company's premier properties stretch from New York to Los
Angeles, from Miami to Chicago, and points in between. Crescent
Heights introduced the first residential developments in South Beach,
Florida -- helping to spark its renaissance. In New York City, we
conceived the first conversion of turn-of-the-century Manhattan
office buildings into luxury residences. And on the west coast, we
redeveloped distressed properties -- many of which were home to
Hollywood's stars of the 1930s and 1940s -- into showcase,
award-winning developments. We are experts at uncovering emerging
real estate trends, and knowing when and how to develop projects --
from residential and hotel construction to redevelopment and adaptive
re-use. For more information, visit our 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. The Company undertakes no obligation to
update or revise forward-looking statements to reflect changed
CarCharging Media Contact:
Suzanne Tamargo
(305) 521-0200 x 214 
CarCharging Investor Relations:
Constellation Asset Advisors, Inc. 
(415) 524-8500 
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