Envision Solar Receives a Patent for EV ARC™ Product
San Diego, Calif. (Dec. 10, 2015) – Envision Solar International, Inc., (OTCQB: EVSI) (“Envision Solar,” or the “Company”), the leading renewable energy, media and branding and EV charging product company, announced today that the Company has received a patent for its EV ARC™ product from the USPTO. The patent number is 9,209,648.
The Company also announced that the EV ARC™ is patent pending in China and the EU. Protecting the EV ARC™ invention comes at a crucial time for the Company as it has received orders from the State of California, New York City and many large corporate customers. Furthermore, interest from China and the EU has increased during recent months as the need for EV charging infrastructure and renewable energy continues to grow in both markets. EV ARC™ products are being seen in increasing numbers across a variety of markets, which makes the protection of the Company’s IP more important than ever. The EV ARC™ product is the worlds only transportable, solar-powered EV charging solution that is a real replacement for grid tied installations.
“The approval and issuance of this patent is a major milestone in our Company’s ever-improving story,” said Desmond Wheatley, CEO of Envision Solar. “The EV ARC is our most popular product in the US, and judging by early interest, overseas as well. There continues to be rapid and vibrant growth in the renewable energy and EV charging markets. The product we have now protected plays at the nexus of those growth engines. We are an American sustainable technology innovation company and a major addition in our IP portfolio like this increases the fundamental value of our company immensely.”
Invented and manufactured in California, the EV ARC™ fits inside a parking space and does not reduce available parking in any way. It generates enough clean, solar electricity to power up to 150 miles of EV driving each day. The system’s solar electrical generation is enhanced by the patented EnvisionTrak™ system, which causes the array to follow the sun, generating 18 to 25% more electricity than a fixed array. The energy is stored in the EV ARC™ product’s energy storage for charging day or night. The EV ARC™ requires no trenching, foundations or installation work, allowing it to be deployed in minutes and moved to a new location with ease. Envision Solar’s EV ARC™ products are manufactured in the company’s San Diego facility, by combat veterans, minorities, workers with disabilities and other highly talented and mission-driven team members.
About Envision Solar International, Inc.
Envision Solar, http://www.envisionsolar.com, designs, manufactures and deploys unique, renewably energized, EV charging and Media and Branding systems. The company’s products include the patented EV ARC™ and Solar Tree® product lines. All of the Company’s products can be enhanced with EnvisionTrak™ patented solar tracking, ARC Technology™ energy storage, SunCharge™ Electric Vehicle Charging Stations and digital advertising packages.
Based in San Diego the company integrates the highest quality components into its Made in America products. Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information, visit http://www.envisionsolar.com or call (866) 746-0514.
This 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 forward-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.