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City of Peoria, Arizona Extends Exclusive Charging Service Contract with Blink Charging

Posted 12/11/2018

Peoria, AZ continues to focus on sustainability with Blink

Miami Beach, FL, Dec. 11, 2018 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging”), a leading owner, operator and provider of electric vehicle (EV) charging station products and networked EV charging services, announced today that the city of Peoria, Az has renewed its long term, exclusive charging service contract effective immediately through 2023. This renewal allows the city of Peoria to continue offering EV drivers with access to 2 Blink Level 2 EV charging stations at each of the following convenient locations across the city, with the opportunity for additional units in the future:

  • The Peoria Sunrise Mountain Library, 21109 N 98th Ave, Peoria, Az

  • The Peoria Sports Complex, 16101 N 83rd Avenue, Peoria, Az

  • The Peoria Development and Community Services Building, 9875 N 85th Avenue, Peoria, Az

“We have had a great partnership with the City of Peoria over the course of our relationship and we are excited to have this partnership continue through 2023,” said Michael D. Farkas, Founder and CEO of Blink Charging. “We are looking forward to a continuation of this relationship as we bring our next generation IQ200 level 2 AC charging stations and additional DCFC chargers to market providing cities such as Peoria an opportunity to expand their deployments with best-in-class EV charging into the future,” he concluded.

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About Blink Charging Blink Charging Co. (NASDAQ: BLNK, BLNKW) is one of the leaders in nationwide public electric vehicle (EV) charging equipment and services, enabling EV drivers to easily charge at locations throughout the United States. Headquartered in Florida with offices in Arizona and California, Blink’s business is designed to accelerate EV adoption.

Blink Charging offers EV charging equipment and connectivity to the Blink Network, a cloud-based software that operates, manages and tracks the Blink EV charging stations and all the associated data. Blink Charging also owns and operates EV charging equipment predominately under the Blink brand, as well as several other charging station equipment manufacturers such as Chargepoint, General Electric (GE) and SemaConnect. Blink Charging has strategic property partners across multiple business sectors including multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools and workplaces. For more information about Blink, please visit www.Blinkcharging.com.

Forward-Looking Statements 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, such as disclosures about the potential financial and operational success of Blink Charging’s next generation charging stations, include statements regarding the intent, belief or current expectations of Blink Charging 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, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, the Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

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