ECOtality Expands Product Offering; Announces New Minit Charger 12
Minit-Charger 12 Leverages Company's Fast Charger Expertise to Service New
SAN FRANCISCO, Jan. 22, 2013 (GLOBE NEWSWIRE) -- ECOtality, Inc.
(Nasdaq:ECTY), a leader in clean electric transportation and storage
technologies, is now offering its Minit-Charger 12, an advanced fast charger
designed to optimize battery life and potential for battery-powered
transportation in the material handling industry.
Ideally suited for intermediate industrial applications, the Minit-Charger 12
extends battery life by as much as 40 percent. The technology enables
Operations Executives to maximize productivity while reducing operational
spending. Additional performance capabilities include sequential, or
multi-unit charging, as well as the highest sustained charge rate available on
This product launch further diversifies ECOtality's revenue stream, as did
ECOtality's Q3 2012 implementation of an access fee structure for its public
Blink EV charging stations.
"With over 15 years experience in the material handling industry,
Minit-Charger 12 is a natural evolution of our Minit-Charger product line,"
said Ravi Brar, president and chief executive officer of ECOtality, Inc.
"ECOtality is committed to continuous product innovation while diversifying
our revenue streams across multiple industries. Our experience in the
industrial, residential and commercial charging sectors, as well as in
advanced vehicle testing, positions the company for steady, long-term growth."
The unique features of the Minit-Charger 12 include:
*Patented algorithms allowing the highest sustained charge rate in the
industry at 250 DC Amps
*Universal model works with all batteries, all battery capacities and
voltages from 24-80 volts
*Automatically de-stratifies battery during charge to ensure longer life
*Equalizes on demand or based on user schedule
For more information on the new Minit-Charger 12 and other industrial products
please visit www.minitcharger.com.
About ECOtality, Inc.
ECOtality, Inc. (Nasdaq:ECTY), headquartered in San Francisco, California, is
a leader in clean electric transportation and storage technologies. Through
innovation, acquisitions, and strategic partnerships, ECOtality accelerates
the market applicability of advanced electric technologies to replace
carbon-based fuels. For more information about ECOtality, Inc., please visit
The ECOtality, Inc. logo is available at
This release contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking statements
are inherently uncertain as they are based on current expectations and
assumptions concerning future events or future performance of the company.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully
various risks and uncertainties identified in this release and matters set in
the company's SEC filings. These risks and uncertainties could cause the
Company's actual results to differ materially from those indicated in the
Antenna Group for ECOtality
Ronald A. Both
Managing Director, Liolios Group
Press spacebar to pause and continue. Press esc to stop.