July 7, 2010 (FinancialWire) — Car Charging Group, Inc. (OTCBB: CCGI) said it has completed the installation of an electric vehicle charger for the occupants of The Delray Professional Center, a 43,000 square foot medical/professional building in Palm Beach County, Florida.

Occupants of The Delray Professional Center who own EVs will now be able to charge their vehicles at the charging station located on site. Under the agreement, The Delray Professional Center will share a percentage of the revenue derived from the charging stations.

"According to the American Time Use Survey by the Bureau of Labor Statistics of the U.S. Department of Labor, employed persons work an average of 7.6 hours a day, which means that their vehicles are left unused for a majority of that time," said Michael D. Farkas, CEO of Car Charging Group. "We strongly believe that installing electric car charging stations in professional buildings, such as The Delray Professional Center, will not only help proprietors but will also help tenants as well by allowing them to charge their EVs for an extended period of time, thus alleviating any range anxiety that they may have regarding the length that each charge would last. Realizing that all electric vehicles need to connect to the existing electric grid to recharge their batteries, Car Charging is leading the movement to establish the necessary infrastructure one installation at a time."

Car Charging Group's business model enables the business/property owner to provide his/her customers or constituents with the service of convenient car charging while simultaneously benefitting monetarily from a percentage of the revenue from the charging station.

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