Alchemy Enterprises Changes Name to Ecotality and Launches Ecotality.com.New Name Reaffirms Company's Commitment to Ecology and Renewable Energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. Discovery; Website Serves as Interactive Platform for Clean Tech Community SCOTTSDALE, Ariz. -- Alchemy alchemy (ăl`kəmē), ancient art of obscure origin that sought to transform base metals (e.g., lead) into silver and gold; forerunner of the science of chemistry. Enterprises, Ltd. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ACHM ACHM American College of Hyperbaric Medicine ACHM Achromatopsia ACHM Arenac County Historical Museum (Arenac County, Michigan) ), a renewable energy company addressing the global energy challenge by driving eco-friendly R&D technology efforts, today announced that it has changed its name to Ecotality Inc. and, in conjunction, has launched Ecotality.com (URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.ecotality.com). The new trading symbol Trading symbol See: Ticker symbol has changed to ETLY. These changes are effective immediately. Ecotality is focused on the development of clean technologies and works with established partners to acquire, develop and commercialize innovative renewable energy solutions. Currently, Ecotality is collaborating with the National Aeronautics and Space Administration's (NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. ) Jet Propulsion jet propulsion, propulsion of a body by a force developed in reaction to the ejection of a high-speed jet of gas. Jet Propulsion Engines The four basic parts of a jet engine are the compressor, turbine, combustion chamber, and propelling nozzles. Labs (JPL (language) JPL - JAM Programming Language. ) and the California Institute of Technology California Institute of Technology, at Pasadena, Calif.; originally for men, became coeducational in 1970; founded 1891 as Throop Polytechnic Institute; called Throop College of Technology, 1913–20. to develop a system that generates hydrogen on demand in a process that is non-toxic, non-combustible and environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] . This technology, Hydratus[TM], may provide a viable energy alternative and mitigate dependence on commodities such as oil. "We've changed our name to Ecotality as it better reflects our corporate goal of making renewable energy and green technologies a reality in today's marketplace," said Jonathan Read, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Ecotality. "In addition, today's launch of Ecotality.com plays a significant role for the clean tech community. Ecotality.com will serve as an information resource destination, and also fills the need for an interactive discussion platform to rally the environmental and business communities to create renewable energy technologies." Ecotality.com Ecotality.com is a natural extension of the Ecotality brand and provides the environmentally conscious community with detailed corporate, partner, and Ecotality product information. In addition, Ecotality.com invites all supporters and advocates of green technologies, along with community leaders to discuss industry news, political advancements and innovative solutions on its blog. By sharing insight between industry experts and the environmentally conscious about new technology solutions, Ecotality aims to shift the global paradigm about clean technologies. Ecotality.com hopes to serve as a catalyst for driving green energy issue awareness, while helping to bring to market environmentally sound, cost-efficient, recyclable and safe alternatives to today's commodity driven marketplace. "The goal of the Ecotality blog is to create a resource, and more importantly a community for environmentally conscience people to come, interact and discuss renewable energies and green topics," said Brooke Lowry, director of new media, Ecotality. "Through education we can shed light on new eco-friendly technologies that enable us to overcome our addiction to fossil fuels and find newer, healthier ways to power our vehicles and homes. Alternative energy is no longer alternative, but imperative!" About Ecotality, Inc. Ecotality, Inc. (OTC BB: ETLY), headquartered in Scottsdale, Arizona Scottsdale (O'odham Vaṣai S-vaṣonĭ) is a city in Maricopa County, Arizona, United States, adjacent to Phoenix. Scottsdale has become internationally recognized as a premier and posh tourist destination, while maintaining its own identity and culture as " , leverages global R&D resources to develop, design and license renewable energy technologies, specifically aimed at addressing today's global energy challenges. Through strategic partnerships, Ecotality applies scientific knowledge and creates proprietary Green energy technologies. Ecotality is focused on bringing innovative eco-friendly concepts to practical commercialization through the acquisition, partnership and development of early stage renewable energy technologies. With strategic partnerships and an aggressive developmental model, the company strives to accelerate the market applicability of clean technologies to become accepted alternatives to carbon-based fuel technologies. For more information, please visit our Website at http://www.ecotality.com. About Hydratus[TM] Hydratus is a patented technology of Ecotality, Inc. that addresses the global energy challenge by creating hydrogen fuel on demand in a portable device. Through a unique combination of magnesium and salt water, Hydratus produces hydrogen that can be used to generate electricity within a hydrogen fuel cell. This breakthrough process awakens the Hydrogen Economy by eliminating today's dependence on commodities for power generation. From here the possibilities are endless as Hydratus could provide the hydrogen to power any electrical motor. For more information, please visit the Hydratus Website at http://www.hydratus.com. Forward Looking Statement: This release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements. |
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