SmallCapReview.com has been a leading site for information on small cap stocks, penny stocks and microcaps since 1999, to receive the free SmallCapReview newsletter and be entered to win a Free iPod Touch visit http://www.smallcapreview.com.
Car Charging Group (OTCBB: $1.01) Today announced that it has partnered with the City of Dania Beach Community Redevelopment Agency (CRA) to install and maintain charging stations for electric vehicles at the city's brand new garage, located near City Hall in Dania Beach, Florida. The EV charging stations are installed and are available for use to the public effective immediately.
Widely regarded as a cornerstone for revitalizing the area's downtown section, the garage features innovative architecture and eco-conscious features, including electric car charging stations. With parking spaces for 440 vehicles and a brand new hotel slated to begin construction within a few months, this environmentally-friendly parking structure is open and ready for business, complete with four charging stations provided by Car Charging Group, Inc. As the need for additional units becomes necessary, Car Charging will facilitate additional installations of EV Charging Stations.
Car Charging Group has installed ChargePoint(R) Networked Charging Stations for EVs which are manufactured by Coulomb Technologies, the industry leader in electric vehicle charging infrastructure. Through the aid of government tax incentives, subsidies, loan guarantees and grants, Car Charging provides EV charging stations at no charge to property owners/managers while retaining ownership, thus allowing drivers access to convenient locations and partners to realize a percentage of the charging revenue generated.
"We are pleased to be participating in Dania Beach's hard work to become an eco-conscious town and applaud the city on its efforts," said Michael D. Farkas, CEO of Car Charging Group. "This partnership helps to support the need for electric vehicle charging stations nationwide, and we are thrilled to have a nearby town help us lay the foundation."
Dania Beach CRA Director Jeremy Earle stated: "By offering the latest technology and an energy-friendly building, we are ensuring our city's future by responding to efficient energy awareness and consciousness for the environment."
In the coming months, developer Hank Thomas of The Greenhill Development Company will work closely with Dania Beach officials to complete the city's revitalization efforts. Several of the transformations planned include a new Broward County Library and City Hall, as well as a hotel, residential accommodations, commercial areas, modified street design and public art displays.
What They Do: Car Charging Group, Inc. is an owner and provider of electric vehicle (EV) charging stations with the mission to build-out a nationwide infrastructure, enabling EV and PHEV owners to charge their EVs anytime, anywhere. As part of its strategy, the Company owns, provides, installs and maintains electric vehicle charging units and works with its landowner partners to identify appropriate locations for its charging stations. The Company provides convenient, safe and affordable charging stations away from home in customer-friendly public locations, including municipalities, shopping malls and parking garages.
An estimated 40 million plug-in electric vehicles, such as the Nissan Leaf, GM Chevy Volt, Fisker Karma, Tesla Model S as well as many others, are expected to be on the road by 2030. Car Charging Group and other companies in the EV industry realize the need to establish charging station networks throughout the transportation infrastructure to provide easy access to energy everywhere drivers live and work. By investing at the forefront of the electric car revolution, Car Charging Group seeks to become the leading provider of electric car charging services. The Company launched its operations nationally in September of 2009 and is expanding its operations internationally.
MICROS Systems (Nasdaq: MCRS) Today announced the results for its fiscal 2010 fourth quarter and fiscal year ending June 30, 2010. Revenue for the fiscal 2010 fourth quarter was $248.2 million, an increase of $25.4 million, or 11.4% over the same period last year. Revenue for the fiscal year was $914.3 million, an increase of $6.6 million, or 0.7%, over the same period last year. GAAP net income for the quarter was $33.9 million, an increase of $11.0 million, or 48.2% over the same period last year. GAAP diluted earnings per share (EPS) for the quarter was $0.42, an increase of $0.14, or 50%, over the same period last year.
What They Do: MICROS Systems, Inc. designs, manufactures, markets, and services enterprise information solutions for the hospitality and specialty retail industries.
Vanda Pharmaceuticals (Nasdaq: VNDA) $6.36. Today announced it has initiated a Phase III clinical trial to evaluate tasimelteon in patients with Non-24-Hour Sleep Wake Disorder (N24HSWD), a condition experienced primarily by totally blind individuals that results in abnormal night sleep patterns and chronic daytime sleepiness. Tasimelteon binds to high affinity melatonin receptors located in the brain that are believed to regulate circadian rhythms, or sleep/wake cycles.
"Blind individuals with no light perception do not receive external light and darkness signals that synchronize our internal body clocks," commented Mihael H. Polymeropoulos, M.D. President and Chief Executive Officer of Vanda. "As a result, these individuals can live lives in a constant state of circadian misalignment. Tasimelteon has the potential to be the first in the class of circadian regulators, drugs that may offer clinical benefits to patients with aberrant timing of the sleep/wake cycle."
What They Do: Vanda Pharmaceuticals Inc. is a biopharmaceutical company focused on the development and commercialization of clinical-stage products for central nervous system disorders.
About SmallCapReview
Copyright SmallCapReview. SmallCapReview.com is a leading site for news on small-caps, penny stocks and microcaps. SmallCapReview has built a loyal opt-in following for their investor products by providing a newsletter at no cost, sent to subscribers, highlighting select stocks in play, to register visit http://www.smallcapreview.com. To follow us on Twitter visit http://twitter.com/SmallCapReview. SmallCapReview has been compensated three thousand five hundred dollars for its efforts with regards to Car Charging Group by a third party APS.
