Arizona's First Hydrogen Fuel Cell Bus Tours State.In partnership with APS, ECOtality launches ECObus to Demonstrate Real World Application of Hydrogen as an Alternative 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. Source SCOTTSDALE, Ariz. -- ECOtality, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ETLY), a technology innovator that addresses the global energy challenge by developing and commercializing eco-friendly technologies, today brings the first hydrogen fuel cell bus to Arizona. The ECObus is the result of a partnership with Arizona Public Service Arizona Public Service Company is the largest electric utility in Arizona and the principal subsidiary of publicly-traded S&P 500 member Pinnacle West Capital Corporation (NYSE: PNW), which in turn had been formerly named AZP Group (APS) company, and will begin its tour of Arizona at today's Clean Cities Coalition event at Wesley Bolin Memorial Plaza The Wesley Bolin Memorial Plaza is an urban park and gathering place, located in front of the Arizona state capitol complex in downtown Phoenix, Arizona. It serves as a home to a number of memorials honoring prominent figures in Arizona history as well as memorializing significant . During its statewide tour, the public is invited to step onto the zero-emission mobile learning center and experience hydrogen fuel cell technology. As the state's first hydrogen-powered bus, the ECObus serves as a mobile classroom for hydrogen fuel cell technology. Complete with an audio visual system and interactive workstations, the ECObus is equipped to educate the community - from school children to civic decision makers - about hydrogen's potential as an alternative to carbon fuel-burning vehicles. Compressed hydrogen fuel stored at APS Hydrogen Park will power the bus throughout the tour. "APS is committed to supporting natural and clean energy development for the state of Arizona. In addition, this partnership presents a good opportunity to further educate students and the public about renewable energy," said Peter Johnston, manager, technology development, APS. "The launch of ECOtality's ECObus is an important milestone for Arizona and is helping the state remain a leader in clean, alternative fuel use," said Bill Sheaffer, executive director, Valley of the Sun Clean Cities Coalition. "We're proud to be working with organizations like ECOtality and APS, whose commitments to clean technologies significantly impact our environment for the better and serve as an example for communities worldwide." When used in a fuel cell, hydrogen produces electricity without any harmful emissions; its byproduct by·prod·uct or by-prod·uct n. 1. Something produced in the making of something else. 2. A secondary result; a side effect. Noun 1. is a small amount of water vapor. This is in sharp contrast to today's conventional vehicles which - fueled by petroleum and powered by internal combustion engines Internal combustion engine A prime mover, the fuel for which is burned within the engine, as contrasted to a steam engine, for example, in which fuel is burned in a separate furnace. - contribute significantly to the greenhouse gases greenhouse gas n. Any of the atmospheric gases that contribute to the greenhouse effect. greenhouse gas and other noxious noxious adj. harmful to health, often referring to nuisances. substances being emitted into the atmosphere daily. As such, hydrogen is an ideal renewable energy source, answering today's complex energy problems with its ability to power cars, trucks, homes and business with no pollution or greenhouse gases. "The ECObus will play a key role in helping our community better understand green technologies and underscores the reality that hydrogen fuel is an accessible, safe and reliable energy option," 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. "Our work with APS and Clean Cities Coalition to bring this educational campaign to Arizona is part of ECOtality's mission to cultivate cul·ti·vate tr.v. cul·ti·vat·ed, cul·ti·vat·ing, cul·ti·vates 1. a. To improve and prepare (land), as by plowing or fertilizing, for raising crops; till. b. renewable energy and clean technology solutions that change the way we power our lives." The ECObus, one of only 12 hydrogen fuel cell buses in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , will begin its tour on February 27, 2007 showcasing the capabilities of hydrogen fuel cell technology. For more information about the ECObus, visit www.ecotality.com. About ECOtality, Inc. ECOtality, Inc. (OTC BB: ETLY), headquartered in Scottsdale, Ariz., is a technology innovator that leverages global R&D resources to develop and commercialize 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 about ECOtality, Inc. please visit www.ecotality.com. 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. This release contains forward-looking statements 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 here·of adv. Of this. hereof Adverb Formal or law of or concerning this Adv. 1. hereof - of or concerning this; "the twigs hereof are physic" . 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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