SAN DIEGO, May 08, 2018 (GLOBE NEWSWIRE) -- Envision Solar International, Inc., (OTCQB:EVSI) (“Envision Solar,” or the
“Company”), the leading renewably energized EV charging, outdoor media and energy security products company, announced that its EV
ARC™ product will be on display at the California State Capitol 3rd Annual AltCar Fleet Conference on Wednesday, May
9th. The event is in partnership with California’s Department of General Services (DGS), California Government
Operations Agency, Sacramento Clean Cities Coalition, California Air Resources Board and Sacramento Metropolitan Air Quality
Management District.
Since being awarded the California State Contract #1-15-61-16, Envision Solar has delivered EV ARC™ units to Caltrans,
California Department of General Services, the California State University System, California State Parks, Office of Inspector
General and other governmental organizations in the U.S. and overseas with many of these sales being repeat orders. The conference
will be an opportunity for other state organizations and the general public to become exposed to the world’s only transportable
solar-powered EV charging solution. The EV ARC™ unit is equipped with a digital advertising screen that will showcase the company’s
outdoor advertising option which can be used as an alternative revenue source. In November of 2017, the Company announced a
partnership with OUTFRONT Media (NYSE:OUT), one of the largest out-of-home media companies in North America to deploy solar-powered
EV charging networks.
"As we continue to grow our government business, we are excited that our EV ARC™ product is being showcased at this iconic
location," said Desmond Wheatley, CEO of Envision Solar. "The State of California is currently our second largest customer and
continues to represent a very large opportunity for our company as we grow our business in government and enterprise across the
U.S. and internationally."
Governor Edmund G. Brown Jr. signed an executive order in January to boost the supply of zero-emission vehicles and charging and
refueling stations in California. The Governor also detailed the new plan for investing $1.25 billion in cap-and-trade auction
proceeds to reduce carbon pollution and improve public health and the environment.
Governor Brown’s Executive Order, EO 1/26/2018: “It is further ordered that all State entities work with the private sector and
all appropriate levels of government to spur the construction and installation of 250,000 zero-emission vehicle chargers, including
10,000 direct current fast chargers, buy 2025.”
“This executive order aims to curb carbon pollution from cars and trucks and boost the number of zero-emission vehicles driven
in California,” said Governor Brown. “In addition, the cap-and-trade investments will, in varying degrees, reduce California’s
carbon footprint and improve the quality of life for all.”
Invented and manufactured in California, the EV ARC™ fits inside a parking space and generates enough clean solar electricity to
power up to 225 miles of EV driving in a day. The system’s solar electrical generation is enhanced by EnvisionTrak™ which causes
the array to follow the sun, generating up to 25% more electricity than a fixed array. The energy is stored in the EV ARC™
product’s energy storage for charging day or night, and to provide emergency power during grid failure. Because the EV ARC™ product
requires no trenching, foundations or installation work of any kind, it is deployed in minutes and can be moved to a new location
with ease. EV ARC™ products are manufactured in the company’s San Diego facility by combat veterans, individuals with
disabilities, and other minority demographics and highly talented, mission-driven team members.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company whose unique and patented products
include the EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar tracking, SunCharge™ solar Electric Vehicle
Charging, ARC™ technology energy storage, and EnvisionMedia solar advertising displays.
Based in San Diego, the company produces Made in America products. Envision Solar is listed on the OTC Bulletin Board under the
symbol [EVSI]. For more information visit www.envisionsolar.com or call (858) 799-4583.
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 forwarding-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.
Contact:
Lucia Asbury
Envision Solar International, Inc.
(858) 799-4583
gosolar@envisionsolar.com
