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ECOtality Expands Product Offering - Announces New Minit Charger 12 - Minit Charger 12 leverages company’s fast charger expertise to service new market applications - MinitCharger.com / ECOtality.com
ECOtality Expands Product Offering - Announces New Minit Charger 12

 

PRZOOM - /newswire/ - San Francisco, CA, United States, 2013/01/22 - Minit Charger 12 leverages company’s fast charger expertise to service new market applications - MinitCharger.com / ECOtality.com. NASDAQ: ECTY

   
 
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ECOtality, Inc., 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 the market.

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 minitcharger.com/.

About ECOtality, Inc.
ECOtality, Inc. (ecotality.com), 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.

Forward-Looking Statements
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 forward-looking statements.

Investor Relations: Ronald A. Both, Liolios Group
E: ron[.]liolios.com - P: 949-574-3860

 
 
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ECOtality Expands Product Offering - Announces New Minit Charger 12

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Contact: Kim Setliff - Antenna Group for ECOtality 
415-977-1942 kimberly[.]antennagroup.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ECOtality, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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