SCOTTSDALE, Ariz., Feb 27, 2007 -- BUSINESS WIRE
ECOtality, Inc. (OTC BB: ETLY), a technology innovator that addresses the global energy challenge by developing and commercializing eco-friendly technologies, today brings the first hydrogen fuel cell bus to Arizona. The ECObus is the result of a partnership with Arizona Public Service (APS) company, and will begin its tour of Arizona at today's Clean Cities Coalition event at Wesley Bolin Memorial Plaza. During its statewide tour, the public is invited to step onto the zero-emission mobile learning center and experience hydrogen fuel cell technology. "APS is committed to supporting natural and clean energy development for the state of Arizona. In addition, this partnership presents a good opportunity to further educate students and the public about renewable energy," said Peter Johnston, manager, technology development, APS. "The launch of ECOtality's ECObus is an important milestone for Arizona and is helping the state remain a leader in clean, alternative fuel use," said Bill Sheaffer, executive director, Valley of the Sun Clean Cities Coalition. "We're proud to be working with organizations like ECOtality and APS, whose commitments to clean technologies significantly impact our environment for the better and serve as an example for communities worldwide." When used in a fuel cell, hydrogen produces electricity without any harmful emissions; its byproduct is a small amount of water vapor. This is in sharp contrast to today's conventional vehicles which - fueled by petroleum and powered by internal combustion engines - contribute significantly to the greenhouse gases and other noxious substances being emitted into the atmosphere daily. As such, hydrogen is an ideal renewable energy source, answering today's complex energy problems with its ability to power cars, trucks, homes and business with no pollution or greenhouse gases. "The ECObus will play a key role in helping our community better understand green technologies and underscores the reality that hydrogen fuel is an accessible, safe and reliable energy option," said Jonathan Read, CEO, ECOtality. "Our work with APS and Clean Cities Coalition to bring this educational campaign to Arizona is part of ECOtality's mission to cultivate renewable energy and clean technology solutions that change the way we power our lives." The ECObus, one of only 12 hydrogen fuel cell buses in North America, will begin its tour on February 27, 2007 showcasing the capabilities of hydrogen fuel cell technology. For more information about the ECObus, visit www.ecotality.com. About ECOtality, Inc. ECOtality, Inc. (OTC BB: ETLY), headquartered in Scottsdale, Ariz., is a technology innovator that leverages global R&D resources to develop and commercialize renewable energy technologies, specifically aimed at addressing today's global energy challenges. Through strategic partnerships, ECOtality applies scientific knowledge and creates proprietary green energy technologies. ECOtality is focused on bringing innovative eco-friendly concepts to practical commercialization through the acquisition, partnership and development of early stage renewable energy technologies. With strategic partnerships and an aggressive developmental model, the company strives to accelerate the market applicability of clean technologies to become accepted alternatives to carbon-based fuel technologies. For more information about ECOtality, Inc. please visit www.ecotality.com. 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. SOURCE: ECOtality, Inc. |
Arizona's First Hydrogen Fuel Cell Bus Tours State