Coulomb Technologies Signs Agreement to Distribute ChargePoint Networked Stations in Australia Page 2

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ChargePoint

“We are excited about bringing Coulomb ChargePoint Networked Charging Stations to Australia and the opportunity to partner with ChargePoint Pty Ltd Australia,” said Richard Lowenthal, the Chief Executive Officer of Coulomb Technologies. “We firmly believe Australia will grow to become one of our key markets when electric cars really take off.”

Senior Research Fellow in smart grids and electric vehicles from Curtin University in West Australia, Dr. Andrew Simpson, says not only will consumers benefit from electric vehicle transportation, this technology will also improve the management of network loads for energy providers.

“Numerous studies have shown that there is the capacity for many electric vehicles to charge at off-peak times which can utilize grid assets more-effectively. This means cheap energy can be sold to electric motorists through infrastructure such as the ChargePoint® Network.

“There is a heightened awareness that electric transport is the way forward – electric cars are more sustainable, they will be affordable and can potentially emit zero emissions. The increasing support of governments, energy companies and consumers will result in the rapid expansion of this market in the coming years,” he said.

About ChargePoint Pty Ltd                                                
ChargePoint Pty Ltd, with headquarters in Sydney, is considered a pioneer in the
e-mobility industry. The ChargePoint Network enables electric vehicle drivers the convenience of charging their battery at home, and public locations including curbside, workplace and shopping centers. Consumers subscribe to the ChargePoint Network and receive a ChargePoint Smart Card that allows them to charge their car at any ChargePoint Networked Charging Station Australia wide. The ChargePoint Network includes charging stations, consumer subscription plans and utility grid management technology for electric utility companies to smooth electrical demands on the grid. For more information on ChargePoint Pty Ltd, visit: www.chargepoint.com.au

About Coulomb Technologies, Inc.
Coulomb Technologies is the leader in electric vehicle charging station infrastructure with networked charging stations installed in municipalities and organizations worldwide.  Coulomb provides a vehicle-charging infrastructure, which includes an open system driver network: the ChargePoint Network provides multiple web-based portals for Hosts, Fleet managers, Subscribers, and Utilities http://www.mychargepoint.net, and ChargePoint Networked Charging Stations ranging in capability from 120V 16A to 240V 80A AC charging to future 120kW DC charging, and all US charging stations are SAE J1772™ compliant.  For more information, please visit http://www.coulombtech.com and follow Coulomb on Twitter at http://twitter.com/coulombevi.