Law Offices of Howard G. Smith Encourages Investors to Inquire About a Lead Plaintiff Position in the Class Action Lawsuit

Law Offices of Howard G. Smith Encourages Investors to Inquire About a Lead
Plaintiff Position in the Class Action Lawsuit Against ECOtality, Inc. -- ECTY

BENSALEM, Pa., Oct. 4, 2013 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith
announces that a class action lawsuit has been filed in the United States
District Court for the Northern District of California on behalf of a class
(the "Class") comprising all purchasers of the securities of ECOtality, Inc.
("ECOtality" or the "Company") (Nasdaq:ECTY) between April 16, 2013 and August
9, 2013, inclusive (the "Class Period"). Investors who have losses of $100,000
or more are encouraged to contact the firm for information concerning a lead
plaintiff position in the shareholder lawsuit and have until October 14, 2013
to file a motion with the Court to be appointed as lead plaintiff.

ECOtality manufactures and sells charging systems for electric vehicles (EV),
including the Minit-Charger line of fast-charge systems for off-road
industrial applications. In 2009, the Company received a $100 million grant
from the United States Department of Energy (DOE) to manage the "EV Project" –
a charging infrastructure research and EV-deployment initiative. The Complaint
alleges that during the Class Period defendants issued false and misleading
statements or failed to disclose that: (1) the Company was facing an impending
shutdown of funds from the DOE; (2) the Company was inappropriately
recognizing revenue and drawing down expenses on its contract with the DOE;
(3) the Company's products contained significant design and manufacturing
defects; (4) the Company lacked adequate internal controls over financial
reporting; and (5) as a result of the foregoing, the Company's statements were
materially false and misleading at all relevant times.

If you are a member of the Class described above, you have certain rights, and
have until October 14, 2013 to move for lead plaintiff status. To be a member
of the Class you need not take any action at this time, or you may retain
counsel of your choice. If you wish to discuss this action, or if you
purchased ECOtality securities prior to the Class Period and have any
questions concerning your rights or interests with respect to these matters,
please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at
(215) 638-4847, Toll Free at (888) 638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
http://www.howardsmithlaw.com.

CONTACT: Law Offices of Howard G. Smith
         Howard G. Smith, Esquire
         (215) 638-4847
         (888) 638-4847
         howardsmith@howardsmithlaw.com
         www.howardsmithlaw.com
 
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