New Industrial Product Launched at ProMat 2013
SAN FRANCISCO, Jan. 21, 2013 (GLOBE NEWSWIRE) -- ECOtality, Inc. (Nasdaq:ECTY), a leader in clean electric transportation and storage technologies, announced today the launch of the fastest opportunity charger ever built for the material handling industry, the Minit-Charger 12.
Not only is the Minit-Charger 12 the most versatile and adaptable opportunity charger available for this category, but it is also the most feature-rich. Interactive, real-time charge controls ensure a proper charge, while maintaining optimal battery health by avoiding overcharging and extending the useful life of batteries by up to 40%. Additionally, the patented Minit-Charger algorithm delivers the fastest charge in the industry, while reducing the need for multiple spare batteries—potentially saving thousands of dollars a year.
"The Minit-Charger 12 is the future of Opportunity Charging," said Murray Jones, COO of ECOtality, Inc. "We listened to the needs of our customers and market requirements, and developed a product that delivers not only a fast and efficient charge, but is stacked with features that will save time, money and extend battery life."
The Unique features of the Minit-Charger 12 include:
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Patented algorithms allowing the highest sustained charge rate in the industry at 250 DC Amps
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Universal model works with all batteries, all battery capacities and voltages from 24-80 volts
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Sequencing option reduces AC circuit requirements by 50% and creates the potential for a significant reduction in peak kW demand
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Automatically de-stratifies battery during charge to ensure longer life
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Equalizes on demand or based on user schedule
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Compatible with new BIM battery module and current BDC battery module
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Capable of recharging sealed and flooded batteries
"The Minit-Charger 12 raises the industry bar," continued Jones. "Bringing the advanced technology of our high-end fast chargers to the opportunity charging market is yet another innovation from Minit-Charger in an industry we pioneered over 15 years ago."
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 www.ecotality.com.
The ECOtality, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13434
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.
CONTACT: Media:
Kim Setliff
Antenna Group for ECOtality
kimberly@antennagroup.com
(415) 977-1942
Investor Relations:
Ronald A. Both
Managing Director, Liolios Group
ron@liolios.com
(949) 574-3860
