ETLY.OB...Sector: Utilities.......Industry: Electric Utilities

[setravis]

Profile : 

 
Ecotality, Inc.
6821 East Thomas Road
Scottsdale, AZ 85251
United States - Map
Phone: 480-219-5005
Fax: 480-219-5338
Web Site: http://www.ecotality.com

DETAILS   
Index Membership: N/A
Sector: Utilities
Industry: Electric Utilities
Full Time Employees: 5


BUSINESS SUMMARY   
Ecotality, Inc., a development stage company, develops and commercializes electric power cell technology. It focuses on the design and license of an electric power cell for use in motorized vehicles and industrial equipment. A power or fuel cell is an electrochemical device that combines hydrogen and oxygen to produce electric power without combustion. The company was founded in 1999 as Alchemy Enterprises, Ltd. and changed its name to Ecotality, Inc. in November 2006. Ecotality, Inc. is based in Scottsdale, Arizona.


Yesterday's Chart...big drop.......

Technicals
Record Volume
Record Price Low
Close Below the 13-day MA
Percentage Loser

Last Price Quote is:
-55.85%below 13-day MA
-61.37%below 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[setravis]

Maybe a dead cat bounce.......
Moving up this morning...+88.89%.......Volume @ 337,324

[setravis]

This morning's chart.......

[setravis]

CEO Comments on Innergy
Power Acquisition
ECOtality, Inc. (ETLY) has signed a definitive agreement to acquire
Innergy Power Corporation of San Diego, CA for 3,000,000 shares of
ETLY common stock . Innergy Power provides design and manufacture
of thin sealed rechargeable lead batteries and flat-panel multicrystalline
solar modules. It is the only North American manufacturer
of both renewable energy solar modules and rechargeable batteries.
ECOtality expects the acquisition to close in October 2007.
Innergy Power's assets also include a manufacturing facility in Tijuana, Mexico. This facility will also provide
additional manufacturing capabilities for fuel cell products for ECOtality's Fuel Cell Store that it acquired in
June 2007.
Jonathan Read, CEO of ECOtality, told Knobias on Thursday, "The solar photovoltaic modules are used in
logistics tracking, asset management systems, off-grid lighting, mobile communications, mobile computing,
recreational vehicles, signaling devices, and surveillance cameras. In addition, Innergy provides Power
Plant auxiliary batteries for portable devices, such as notebook PCs, PDAs, GPS transceivers, portable
DVD players, handheld video players, and portable CD players."
ECOtality develops and commercializes renewable energy technologies and practical clean technologies
and related applications. Through partnerships and acquisitions, ECOtality obtains the rights to the technologies
in exchange for providing financial, technical and business guidance to ensure the technologies
are appropriately and timely developed. The Company also assists with the roll-out of technologies to speed
market acceptability.
Mr. Read explained, "There are many alternative renewable energies that are currently in development, and
there's no magic bullet to solve all our energy needs. However, we believe that there are certain renewable
energies that are more commercially viable than others. Electricity has proven to be safe, efficient and effective
and unlike some of the other renewable technologies, the infrastructure already exists. In order to
decrease on dependence on fossil fuels to create electricity, we need to develop and deliver clean technologies
that allow for the conversion of renewable energy sources to electricity. While many of these renewable
energies such as solar, water and wind power can generate "clean" electricity, we need to find methods to
store and deliver the power to users. In addition to this, we also need to look at how we can be more effective
in our use of electricity, and in this area, technologies that will allow for energy efficiency are crucial."
"Currently, the clean technology industry is fragmented and many companies are developing new technologies
and products. While they might be promising, the a gap between technology development and commercialization
exists. Also, as with new technologies, the price points might be too high for mass market
adoption. In order for us to begin cutting our reliance on oil and fossil fuels, we need to speed the commercialization
and market acceptability of these new technologies. At ECOtality, we are committed to commercializing
cost-effective, clean technologies through a balance of product development, partnerships and
acquisitions in order to allow for the conversion of renewable energy sources to electricity."
"ECOtality's Hydrality, in development with NASA's Jet Propulsion Labs, produces hydrogen on-demand
using magnesium and water in a system that emits no exhaust other than pure water. The Hydrality, which
works in conjunction with proven fuel cell technologies, offers a solution to the current disadvantages of
compressed or liquefied hydrogen and allows for superior storage and generation of hydrogen. While the
technology was originally designed for transportation applications, additional applications have been identified
for stationary use. They include remote power, back-up power systems, and large scale industrial and
utility use. The Hydrality technology is in late-stage development testing, with a initial prototype set for mid-
2008."
"Our Fuel Cell Store develops, manufacturers, and retails a diverse and comprehensive range of fuel cell
products including fuel cell stacks, systems, component parts and educational materials. With international
operations in Japan, Russia, Italy, and Portugal, the Fuel Cell Store was the first retailer of fuel cells (founded
in 1999) and has processed more than 10,000 sales. The acquisition expands ECOtality's operations into
the fuel cell industry and establishes direct relationships with top international research institutes, universities,
government agencies and leading manufacturers in the hydrogen and fuel cell industries. It is also the
flagship of ECOtality's retail arm, ECOtality Stores, Inc., and serves as a platform for future retail of renewable
energy products, including the Hydrality system."
As of June 30, 2007, the Company had an accumulated deficit of $20.5 million and $3.3 million in cash,
certificates of deposit and accounts receivable.
Beacon Research recently initiated coverage of ETLY at Speculative Buy with a price target of $2.70, suggesting
considerable appreciation potential from the current $0.52 price.
Mr. Read concluded, "We will continue to look into investing in energy efficiency technologies that are
synergistic with our current technologies. The companies that we have acquired and plan to acquire are all
cash-flow positive companies. As such, we will be profitable in 2008."

[setravis]

Been some time since this one was posted on.
But, had a huge move today with some strong volume !



52wk Range: 0.02 - 0.20
Volume: 2,323,416
Avg Vol (3m): 139,208

Technicals
Percentage Gainer

Last Price Quote is:
153.84%above 13-day MA
205.92%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[setravis]

ECOtality Expands Nissan Partnership to Launch Electric Vehicles in Arizona's Maricopa County
ECOtality to Work with Nissan & Maricopa Association of Governments (MAG) to Establish the Phoenix Region as
Thursday April 16, 2009, 8:00 am EDT


Related:Ecotality, Inc.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--ECOtality, Inc. (OTCBB: ETLY - News), a leader in clean electric transportation and storage technologies, today announced it has entered into a commitment with Nissan North America and Maricopa Association of Governments (MAG) to facilitate the establishment of electric vehicle (EV) charge infrastructure throughout Arizona's Maricopa County. In conjunction with the anticipated 2010 launch of Nissan's zero-emission electric vehicle, ECOtality will initiate its EV Micro-Climate program in the Phoenix region to promote sensible policies, intelligent deployment of charge infrastructure, and strong public awareness to foster the successful consumer adoption of grid-connected electric vehicles. With a similar partnership previously announced in Pima County, ECOtality plans to link the Phoenix and Tucson metro areas by implementing strategic fast-charge stations along Interstate 10 (I-10) to create the first true implementation of an EV Corridor in North America.

"By establishing the Phoenix and Tucson metro areas as EV Micro-Climates, Arizona is providing a blueprint for how to intelligently build a statewide EV infrastructure: Make major population areas an EV Micro-Climate and connect them with EV Corridors enabled by fast-charging," said Jonathan Read, president and CEO, ECOtality. "ECOtality's proven EV infrastructure experience, our strong familiarity with the transportation and political environment of Arizona, as well as our industry-leading fast-charge technology, exceptionally positions ECOtality to facilitate the roll-out of EV infrastructure throughout Arizona. We look forward to working closely with the appropriate organizations in Arizona to ensure the implementation of charging infrastructure is done as efficiently and intelligently as possible."

ECOtality, Nissan and MAG have committed to form EV Micro-Climate Working Groups that will unite strategic organizations in Maricopa County to streamline the roll-out of charge infrastructure to support the public launch of grid-connected vehicles. In conjunction with these efforts, Nissan has committed to make available a supply of electric vehicles to the Region's public and private fleets in 2010, the year Nissan's electric vehicle will be ready for the commercial market.

"Nissan through the Renault-Nissan Alliance has committed to being a global leader in zero-emission vehicles," said Dominique Thormann, senior vice president, administration and finance, Nissan North America. "Nissan, the Maricopa Association of Governments, and ECOtality share in the belief that the introduction and expansion of electric vehicles is one of the best solutions to reducing CO2 emissions. This partnership is an important step in making zero emissions a reality in Arizona."

While the implementation of public charge infrastructure is planned to support the initial launch of Nissan's zero-emission vehicle, public and commercial charging stations in the Maricopa region will meet all EV charging system standards (including the SAE J1772 Electric Vehicle Conductive Charge Coupler Specifications) and will be universally compatible with the new grid-connected vehicles of other major automakers.

"This partnership with Nissan and ECOtality enables us to consider strategic initiatives to support the introduction of electric vehicles in our region and to encourage individuals to incorporate green technology into their lives," said MAG Chair Peggy Neely, a Phoenix councilwoman. "Our goal is to work to develop regional policies that improve the quality of life in our region."

About ECOtality, Inc.

ECOtality, Inc. (OTCBB: ETLY - News), headquartered in Scottsdale, Arizona, is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com.

About Nissan North America

In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO2 emissions, cutting other emissions and increasing recycling. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.infinitiusa.com.

About Maricopa Association of Governments

The Maricopa Association of Governments (MAG) is a regional organization providing planning and policy decisions in the areas of transportation, air quality, water quality, solid waste and human services. MAG is composed of Valley communities working together to ensure a better quality of life for nearly 4 million residents in the Maricopa region. The region includes the cities, towns and Native American Indian Communities within Maricopa County. Governed by a Regional Council that includes 25 mayors and other lead elected officials, MAG is the forum for effective regional planning throughout the region.

Forward-Looking Statements

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. 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5941024&lang=en


MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5941024

Contact:
Press Contacts:
ECOtality, Inc.
Colin Read, 480-219-5005
Marketing Director
[email protected]
or
Investor Relations:
Alliance Advisors for ECOtality
Thomas Walsh, 212-398-3486
[email protected]

[setravis]

ECOtality's eTec Awarded $100 Million for Transportation...

PHOENIX, Aug 05, 2009 (BUSINESS WIRE) -- Electric Transportation Engineering Corporation (eTec), a subsidiary of ECOtality, Inc. (ETLY, Trade ), a leader in clean electric transportation and storage technologies, has been selected by U.S. Department of Energy for a grant of approximately $99.8 million to undertake the largest deployment of electric vehicles (EVs) and charging infrastructure in U.S. history.

eTec, as the lead applicant for the proposal, partnered with Nissan North America to deploy EVs and the charging infrastructure to support them. The Project takes advantage of the early availability of the Nissan LEAF, a zero-emission electric vehicle, to develop, implement and study techniques for optimizing the effectiveness of charging infrastructure that will support widespread EV deployment. The Project will install electric vehicle charging infrastructure and deploy up to 1,000 Nissan battery electric vehicles in strategic markets in five states: Arizona, California, Oregon, Tennessee, and Washington.

"By studying lessons learned from electric vehicle operations and the infrastructure supporting these first 5,000 vehicles, the Project enables the streamlined deployment of the next 5,000,000 electric vehicles," said Don Karner, President of eTec. "Nissan's market leadership in electric vehicles affords us the unique opportunity to develop and study the charge infrastructure necessary to support the widespread deployment of EVs. eTec's extensive experience in battery electric drive systems and electric vehicle charging infrastructure, combined with the support of Nissan and over 40 government and industry partners, will enable this Project to successfully pave the way for electric transportation nationwide."

The Project will collect and analyze data to characterize vehicle use in diverse topographic and climatic conditions, evaluate the effectiveness of charge infrastructure, and conduct trials of various revenue systems for commercial and public charge infrastructure. With the goal of developing mature charging environments, the Project proposes to deploy charging infrastructure in major population areas that include Phoenix (AZ), Tucson (AZ), San Diego (CA), Portland (OR), Eugene (OR), Salem (OR), Corvallis (OR), Seattle (WA), Nashville (TN), Knoxville (TN) and Chattanooga (TN). To support the Nissan EV, the Project will install approximately 12,500 Level 2 (220V) charging systems and 250 Level 3 (fast-charge) systems.

"ECOtality is committed to enhancing America's energy independence, accelerating the market acceptance of electric transportation and supporting President Obama's goals for job creation and advanced electric drive vehicle deployment," stated Jonathan Read, President and CEO, ECOtality. "This Project underscores America's leadership role in clean electric transportation and exemplifies the Department of Energy's strategic foresight and commitment to improving our environment and economy. By developing a rich charge infrastructure in each market, this Project will enable a successful consumer experience amongst early EV adopters and increase market demand for electric transportation."

It is anticipated that more than 750 new employment positions will be generated by the proposed Project by 2012. In supporting the market launch of the Nissan EV, it is expected that over 5,500 new positions will be in place by 2017 as a direct result of the proposed Project.

On August 2, Nissan introduced the LEAF, an electric vehicle and the world's first affordable, zero-emission car. Designed specifically for a lithium-ion battery-powered chassis, Nissan LEAF is a medium-size hatchback that comfortably seats five adults and has a range of 100 miles to satisfy real-world consumer requirements. The Nissan LEAF will launch in the United States in late 2010. U.S. production will begin in 2012, at Nissan's manufacturing facility in Smyrna, Tennessee.

"Nissan appreciates the support of the Department of Energy in helping jumpstart the electrification of the transportation sector," said Scott Becker, vice president, legal and general counsel, Nissan North America. "This is a major step in promoting zero-emission mobility in the United States. Nissan is looking forward to partnering with eTec to help make electric cars a reality and to help establish the charging networks in key markets."

The U.S. Department of Energy will provide funding of up to $99.8 million that will be matched by Project participants. Federal matching funds will be used to design, deploy, and operate a mature charging infrastructure in support of future wide-scale deployment of EVs, and to evaluate the means to improve the effectiveness of this charging infrastructure.

More detailed information about this announcement, including FAQs, is available at www.ecotality.com . Broadcasters: interviews and b-roll are available for download at www.ecotality.com .

About eTec

Electric Transportation Engineering Corporation (eTec), a subsidiary of ECOtality, is a recognized leader in the research, development and testing of advanced transportation and energy systems. With over two decades of electric transportation experience, eTec has been involved in every electric vehicle initiative in North America since the 1990s. Utilizing its patented industry-leading charging algorithm, eTec operates the Minit-Charger line of battery fast-charge systems for on-road electric vehicle, transit, material handling and airport ground support applications. For more information, please visit www.etecevs.com or www.minit-charger.com .

About ECOtality, Inc.

ECOtality, Inc. (ETLY, Trade ), headquartered in Scottsdale, Arizona, is a leader in clean electric transportation and storage technologies. Through innovation, acquisitions, and strategic partnerships, ECOtality accelerates the market applicability of advanced electric technologies to replace carbon-based fuels. For more information about ECOtality, Inc., please visit www.ecotality.com .

Nissan North America

In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program 2010, whose key priorities are reducing CO2 emissions, cutting other emissions and increasing recycling. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.infiniti.com . For media needs and b-roll, please see www.nissannews.com .

Forward-Looking Statements

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. 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6023338&lang=en

SOURCE: ECOtality, Inc.


Press:
ECOtality, Inc.
Colin Read, 480-219-5005
[email protected]
or
Investor Relations:
Alliance Advisors for ECOtality
Thomas Walsh, 212-398-3486
[email protected]

[setravis]

updated chart scene...
100 million grant will go a long way to move ETLY forward.
Used a $12 Million to buy ETEC - I think that's clearly paid off now.

Official Government Electric Funding List (ETEC is #1 in electification) 
Here is the list of the whole funding program:
http://www1.eere.energy.gov/recovery/pdf...
Looks like ETEC is the top funded program in the advance electrifcation category



52wk Range: 0.02 - 0.33
Volume: 25,946,782
Avg Vol (3m): 358,191

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
171.90%above 13-day MA
201.08%above 50-day MA
RS Rating: N/A 

Fundamentals
Earnings Expected on Aug 18

Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 08/18/2009
Last Analyst Rating: N/A