ECOtality Inc. Rated ‘Speculative Buy,’ Target Price $2.70 by Beacon Equity Research

ECOtality Inc. (OTCBB: ETLY) has been rated “Speculative Buy” with a target price of $2.70 by Beacon Equity Research Analyst, Lisa Springer, CFA.

In the report, the analyst writes, “ECOtality, Inc. (ETLY) is a technology innovator developing clean energy solutions for the alternative energy industry. The Company, headquartered in Scottsdale, Arizona, is focusing on renewable energy technologies which it intends to commercialize through acquisitions, partnerships and research and development. ECOtality has forged alliances with Fortune 500 companies and leading research and development institutions to deliver commercially viable clean power. Its current research focus is designing and licensing a cost-efficient hydrogen-based electric power cell system called Hydratus™ for use in motor vehicles and industrial equipment.”

Other companies in the fuel cell market include Viaspace Inc. (OTCBB: VSPC), General Electric (NYSE: GE) FuelCell Energy (NASDAQ: FCEL), and Hydrogen Engine Center (OTCBB: HYEG).

The full report is available at http://www.beaconequityresearch.com/report/ETLY.pdf

Anyone interested in receiving alerts regarding ECOtality Inc. research should email members@beaconequityresearch.com with “ETLY” in the subject line.

Beacon Equity Research Disclosure

The analysts contributing to this report do not hold any shares of ECOtality Inc. (ETLY). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated a total of seven thousand five hundred dollars from a non-controlling third party (QualityStocks.net) for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.

SOURCE: ECOtality Inc.

Beacon Equity Research

Jeff Bishop, 469-361-6239

editor@beaconequityresearch.com

http://www.beaconequityresearch.com/

or

Blanc & Otus Public Relations for ECOtality

Lisa Goodwin, 415-856-5113 (Media Relations)

lgoodwin@blancandotus.com

or

Alliance Advisors for ECOtality

Thomas Walsh, 212-398-3486 (Investor Relations)

twalsh@allianceadvisors.net