SAN DIEGO, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading producer of unique and sustainable infrastructure products for electric vehicle charging, energy security and outdoor media, announced that Summit Credit Union has selected the Company’s EV ARC™ products to provide emissions-free EV charging for employees at Summit Credit Union Headquarters in Wisconsin.
“As a customer-owned financial cooperative, we run our business sustainably and support our employees and members in their own sustainable practices. So, it was natural for us, when planning Summit Credit Union’s new headquarters, to look into car charging stations. We were happy to find Envision’s stations which allow us to offer easy access to car charging through free-standing stations that did not require costly structural support and are powered by the sun! We see it as a win-win-win for Summit, our members and employees, and the earth,” said Kim Sponem, President & CEO of Summit Credit Union.
Summit Credit Union partnered with J.H. Findorff & Son Inc. to find sustainable solutions for their new headquarters. They chose the EV ARC™ product because of its rapid and impact free installation.
“Summit Credit Union is the latest company to recognize the benefits of driving on sunshine with our EV ARCs,” said Desmond Wheatley, President & CEO of Envision Solar. “We applaud J.H. Findorff & Son Inc. for joining City of New York, State of California, City of Pittsburgh and others for using EV ARC products as their primary source for EV charging.”
Invented and manufactured in California, the patented EV ARC™ and EV ARC™ HP products fit inside single parking spaces without reducing available parking. EV ARC™ generates enough clean solar electricity to power up to 225 miles of EV driving in a day. EV ARC™ HP DC fast charging systems provide up to 1100 miles per day. The EV ARC™ system’s solar electrical generation is enhanced by EnvisionTrak™ (patented) which causes the solar array to follow the sun, generating up to 25% more electricity than a fixed array. The energy is stored in the EV ARC™ product’s on-board energy storage for charging day or night, and to provide EV charging and emergency power during grid failure. The EV ARC™ product is a permanent solution that provides Level I, Level II and DC Fast Charging but because it requires no trenching, foundations or installation work of any kind, it is deployed in minutes and can be moved to a new location with ease. EV ARC™ products are manufactured in the company’s San Diego facility by combat veterans, individuals with disabilities, and other minority demographics and highly talented, mission-driven team members.
About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a sustainable technology innovation company whose unique and patented products include the EV ARC™ and the Solar Tree® with EnvisionTrak™ patented solar tracking, SunCharge™ solar Electric Vehicle Charging, ARC™ technology energy storage, and EnvisionMedia solar advertising displays.
Based in San Diego, the company produces Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information visit www.envisionsolar.com, call (858) 799-4583. Follow us on social to keep up with the latest news: Facebook, Twitter, Instagram, and YouTube.
About Summit Credit Union:
Established in 1935, Summit Credit Union is a member-owned financial cooperative. Summit holds $3.2 billion in assets and has more than 181,000 members and 589 employees across 37 locations throughout south-central and southeastern Wisconsin. For more information, visit www.summitcreditunion.com or call 608-243-5000 or 800-236-5560.
For additional media information, visit https://www.summitcreditunion.com/about-summit/press-room or follow Summit on Facebook, Instagram, and Twitter.
This, Envision Solar International, Inc., Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this report other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size, and demand, prospective business contracts, customer orders, trends or operating results also constitute forward-looking statements. Our actual results may differ substantially from those indicated in forwarding-looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition, and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.
Envision Solar International, Inc.