SAN DIEGO, CA--(Marketwired - February 25, 2014) -
Envision Solar International, Inc., (OTCQB: EVSI) ("Envision Solar," or the "Company"), the leading renewable energy Media and Branding product company, announced today that Summit Design + Build LLC has selected its Solar Tree® products with CleanCharge™ column integrated EV charging stations for a project in Chicago, Illinois.
Summit Design + Build, LLC provides full-service general contracting, construction management and design/build construction services to the commercial, industrial and residential markets, The firm focuses on office, retail, health care, manufacturing and warehouse facilities, as well as, condominiums and loft conversions.
"Envision Solar delivers high quality, Made in America products," said Ari Killian of Summit. "Their philosophy of creating architecturally accretive, unique renewable energy products fits perfectly with Summit's pursuit of perfection for our customers. The tracking Solar Tree will add energy production and a level of uniqueness for this project. We look forward to doing many more installations with Envision products," Killian added.
Desmond Wheatley, CEO of Envision Solar, stated, "We are very happy to have been selected by a high quality organization like Summit. They are recognized as the best and they demand the best. Our products live up to their high expectations. This first deployment of our products opens up a new market for us with a great customer."
Invented, engineered and manufactured in the United States, each Solar Tree® array shades six to eight parking spaces and generates enough renewable energy to charge six to eight electric vehicles each day. When the energy is not being used to charge EVs, it will reduce the location's reliance on utility supplied energy. The Solar Tree® produces clean, renewable energy reducing as much carbon dioxide as twenty acres of US forests in one year. The system's clean solar electrical generation is enhanced by EnvisionTrak™ which enables the solar array to follow the sun, generating eighteen to twenty five percent more electricity than a conventional fixed array. Solar Tree® arrays can be outfitted with six level two EV chargers or one DC Fast Charger. Envision Solar recently received a patent on their EnvisionTrak™ technology.
About Envision Solar International, Inc.:
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy media and branding systems with a Drag & Drop Infrastructure™ product line. The company's flagship products include the patent pending EV ARC™, patented Solar Tree® array and Solar Tree®
Socket™ solar media and branding platforms with EnvisionTrak™, a proprietary and patent pending solar tracker, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.
Based in San Diego, the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company's commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the "Green Halo." Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.
This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.