ECOtality Meets with Vice President Biden to Discuss Recovery Act Success

PHOENIX--(BUSINESS WIRE)--ECOtality, Inc. (OTCBB: ETLY - NewsThe EV Project, the largest transportation electrification project in history. The EV Project, which was launched October 1, 2009. Next year, the Project will deploy almost 5,000 zero-emissions electric vehicles and 11,210 charging stations in five states including Arizona, Washington, Oregon, California, and Tennessee.Vice President Biden underscored the significance of the project. “It’s important that people understand this – we know that if the country doesn’t have this kind of capacity, electric vehicles will never reach full scale adoption.”Mr. Karner, who has been involved in every major electric vehicle initiative in North America since the 1980’s, told the Vice President that jobs have been saved and even more jobs will be created as a direct result of the electrification grant.Karner added that the detailed work of assessing each market is well underway. Engineers are studying the pilot markets, finding the best locations for charging stations, looking at various revenue models – including some that may allow consumers to charge for free or nearly so – and working with utilities to ensure the best use of technology to interface with electrical grids without straining the system. Karner said, “The Recovery Act gave us the opportunity to pro...
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ECOTALITY, INC. Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits

ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS On October 30, 2009, Mr. Harold Sciotto resigned as a member of the Board of Directors of Ecotality. Mr. Sciotto will remain as Secretary/Treasurer of Ecotality per his employment agreement. There were no disagreements with Mr. Sciotto on any matter relating to the Company's operations, policies or practices. A copy of Mr. Sciotto's resignation letter is attached as an exhibit. On October 30, 2009, Mr. Jerry Lin resigned as a member of the Board of Directors of Ecotality. Mr. Lin will remain as Chairman of Ecotality's Technology Committee. There were no disagreements with Mr. Lin on any matter relating to the Company's operations, policies or practices. A copy of Mr. Lin's resignation letter is attached as an exhibit. On October 30, 2009 Mr. Carlton M Johnson was named to fill one of the Company's existing vacant positions as a member of the Board of Directors Mr. Carlton Johnson has been In-House Legal Counsel of Roswell Capital Partners since April 1996. His responsibilities include general corporate, securities law, business litigation, and corporate governance. Mr. Johnson has been a member of the Alabama Bar since 1986, the Florida Bar since 1988, and the State Bar of Georgia since 1997. From 1993 to 1996 he served on the Florida Bar Young Lawyers Division Board of Governors. Mr. Johnson earned a degree in History/Political Science, with high honors, at Auburn University in 1982 and Juris Doctorate at Samford University - Cumberland School of Law, with high honors in 1986. Mr. Johnson graduated in the top 5% of his class and was a member of the academic honor society, Curia Honoris. Mr. Johnson received 5 book awards in law school - having obtained the highest grade in Constitutional Law, Evidence, Corporate Law, Environmental Law, and Federal Civil Procedure. He has served on the Board of Directors for Peregrine Pharmaceuticals Inc. since 1999. He is th...
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ECOtality Signs Definitive Agreements for $15.5 Million Capital Raise

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--ECOtality, Inc. (OTCBB:ETLY), a leader in clean electric transportation and storage technologies, today announced it has entered into definitive agreements with institutional investors, including existing shareholders, for a capital investment of approximately $15.5 million in equity financing. In addition to the capital raise, the debenture holders of ECOtality will convert all $9.1 million of existing debentures and related warrants into equity. The net proceeds of the investment funds will be utilized as working capital to support the initial requirements of the $99.8 million award from the Department of Energy and will provide the Company with the necessary financial capabilities to meet its anticipated expansion as a leader in electric vehicle (EV) charging infrastructure.“This investment reflects a strong confidence in the Company by new and current investors and significantly strengthens our financial position as we seek to increase...
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Nissan taking Leaf on tour of cities to be electrified

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ETec finalizes $99.8M federal contract

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ECOtality CEO Featured on CNN Money

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Jonathan Read, President and CEO of ECOtality, Inc. (OTCBB: ETLY), a leader in clean electric transportation and storage technologies, recently appeared on CNNMoney.com in an interview about the $100 million grant ECOtality’s subsidiary, Electric Transportation Engineering Corp. (eTec), received from the U.S. Department of Energy to undertake the largest deployment of electric vehicles (EVs) and charg...
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Skymark Research Initiates Independent Research Coverage On ECOtality, Inc.

Skymark Research Initiates Independent Research Coverage On ECOtality, Inc. - Yahoo! Finance.gnwlistitemmarginbottom {margin-bottom: 10.0px} .gnwtablebottommargin {margin-bottom: 10.0px} .gnwcellpaddingleft0 {padding-left: 0.0px} .gnwverticalaligntop {vertical-align: top} .gnwtextaligncenter {text-align: center} .gnwcellparagraphmargin {margin-bottom: 0px; margin-top: 0px} .gnwverticalalignbottom {vertical-align: bottom} .gnwwhitespacenowrap {white-space: nowrap} .gnwtextalignright {text-align: right} .gnwcellpaddingright0 {padding-right: 0.0px} .gnwunderlinestyle {text-decoration: underline} .gnwtextalignleft {text-align: left} .gnw_heading {font: 16px Arial; text-align: center} .gnw_subhead {font: 12px Arial; text-align: center} .gnw_colhead {font: 12px Arial; text-align: center} .gnw_colhead_uline {font: 12px Arial; text-align: center; border-bottom: solid black 1.0pt;} .gnw_colhead_dline {font: 12px Arial; text-align: center; border-bottom: double black 2.5pt;} .gnw_label {font: 12px Arial; vertical-align: bottom; text-align: left } .gnw_label_uline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: solid black 1.0pt;} .gnw_label_uline_i10 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i15 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i20 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i25 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_uline_i30 {font: 12px Arial; vertical-align: bottom; text-align: right; border-bottom: solid black 1.0pt;} .gnw_label_dline {font: 12px Arial; vertical-align: bottom; text-align: left; border-bottom: double black 2.5pt;} .gnw_label_i10 {font: 12px Arial; vertical-align: bottom; text-align: left; padding-left: 10.0px;} .gnw_label_i15 {font: 12px Arial; vertical-align: bottom; text-align: lef...
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