SAN DIEGO, CA--(Marketwired - June 12, 2014) - Envision Solar International, Inc., (OTCQB: EVSI) ("Envision Solar," or the "Company"), the leading renewable energy Media and Branding product company, announced today that its Solar Tree® products have been selected by a nationwide Department Store chain as part of its continuing efforts to protect and conserve the environment through solutions that provide long-term sustainability.
The Solar Tree® arrays will deliver renewable energy, solar powered EV Charging and shade and protection from inclement weather to customers and staff at the department store company's locations. The first deployment of Envision's Solar Tree® structures for this company is commencing today in Dallas, Texas. The inclusion of EV chargers on the Solar Tree® arrays will further enhance the retailer's existing fleet of EV chargers and provide customers and staff the opportunity to drive on sunshine.
The Department Store company is a major retailer with stores and corporate facilities nationwide. Envision Solar was selected because of its focus on creating high quality, architecturally accretive, American made products, which fit perfectly with the retailer's emphasis on delivering quality and long-term sustainability.
Each Solar Tree® shades six to eight parking spaces and generates enough energy to provide up to 500 miles of totally emissions free driving in a day. The average American drives 36.9 miles per day according to the Federal Highway Administration. When the energy is not being used to charge EVs it will reduce the location's reliance on utility supplied energy, lowering its energy bills. Each Solar Tree® produces clean renewable energy, reducing as much carbon dioxide as 20 acres of US forests in one year.
"We are delighted that this major retailer has selected our products as part of their ongoing nationwide sustainability efforts," said Desmond Wheatley, President and CEO of Envision Solar. "They are a leader in sustainability and their choice of our products is a major endorsement of the quality, architectural accretion and superior functionality which we deliver. We are proud to be a part of their efforts and look forward to a broad engagement. This is an important day for our company and it serves as further confirmation of our products and the value they deliver to customers like this very large and discerning retailer."
Invented, engineered and fabricated in the United States, the Solar Tree® covers 8 parking spaces. The system's clean solar electrical generation is enhanced by EnvisionTrak™, which enables the solar array to follow the sun, generating 18 to 25 percent more electricity than a conventional fixed array. Solar Tree® arrays can be outfitted with 6 level two EV chargers or one DC Fast Charger.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewably energized, EV charging and Media and Branding systems with a Drag & Drop Infrastructure™ product line. The company's flagship products include the patent pending EV ARC™, the patented Solar Tree® array and Solar Tree® Socket™, solar shaded parking solutions with EnvisionTrak™, a proprietary and patented solar tracking machine, SunCharge™ Column Integrated Electric Vehicle Charging Stations and ARC™ technology energy storage solutions.
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 locations 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 underutilized locations into beautiful, shaded, renewable energy generation plants, which support Media and Branding, EV Charging, and are 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.
Forward-Looking Statements
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.