Blink Inks Deal with United Data Technologies for Expansion of its Charging Station Network
Miami Beach, FL – March 5, 2020 – Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner and operator of electric vehicle (EV) charging equipment and services, and United Data Technologies (“UDT”), a provider of enterprise technology solutions, announced the installation of six Level 2 EV charging stations at the new Miramar Tech Center in the heart of Miramar, Florida, a principal city of the Miami metropolitan area. Blink will provide its EV charging stations to UDT employees, tenants, and visitors in support of the rapidly increasing number of electric vehicles.Blink will provide its fast Level 2 EV charging stations to leading-technology firm, UDT, and its employees, tenants, and visitors. Click To Tweet
“Our IQ 200 chargers are the fastest Level 2 AC charging stations available, producing 80 amps of output and capable of providing approximately 65 miles of charge in an hour. With this agreement, we continue to expand and monetize our network of stations throughout the country,” remarked Blink Founder and CEO, Michael D. Farkas. “We are honored to be a part of UDT’s corporate sustainability initiative that is leading the way in adopting green living through the reduction of carbon dioxide emissions caused by traditional gasoline-powered vehicles.”
Blink’s charging stations are compatible with any fully-electric or plug-in hybrid vehicle including the entire line of Tesla vehicles. The charging units installed at UDT join the rapidly expanding network of Blink Charging stations, which are easily accessible throughout the country, using Blink’s mobile app, the Blink Charging website (www.blinkcharging.com), and Google Maps.
”UDT is a firm believer in sustainability and ensuring our employees have the comfort and convenience of coming to a great place to work. At the same time, we have the opportunity to enhance our customer experience when they visit our headquarters. We made the right decision in selecting Blink because of their excellent customer service, delivery, and focus on driving customer experience,” stated Henry Fleches, CEO of UDT.
About Blink Charging
Blink Charging Co. (Nasdaq: BLNK, BLNKW) is a leader in electric vehicle (EV) charging equipment that has deployed over 23,000 charging stations, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of its charging locations worldwide. The Company’s principal line of products and services is its Blink EV charging network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network utilizes a proprietary cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million by 2025 from approximately 2 million in 2019, the Company has established key strategic partnerships to rollout adoption across numerous location types, including parking facilities, multi-family residences and condos, workplace locations, healthcare/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information please visit: https://www.blinkcharging.com/.
This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.