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Stock Alert On Enviornmentally Responsible Companies: EVCA.OB NASDAQ:PLUG NASDAQ:EEI.
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EVCARCO (OTC.BB:EVCA), a publicly held company in alternative energy vehicles, announced today the board of directors has approved the expansion of EVCARCO operations into South America. The company has appointed Bogota, Colombia as its base of operations for the Texas Corporation.
The company, which is focused on alternative energy vehicles, has seen a dramatic increase in inquires from South America as well as specific government requests to supply all electric units for fleet use.
EVCARCO has officially been granted its four Registered Trademarks including ?EVCARCO? and its slogan ?Future Driven.?
EVCARCO has received significant attention over the last few months with media and press about its range of electric vehicles, business model and its alliances with the Federal Government.
?The growth of our company has also created a strong value in our name and brand therefore we are pleased to have the issuance of these Trademarks by the United States Patent and Trademark office. This issuance further protects and broadens our intellectual property assets as we expand into other regions and markets per our active business model. This gives insight to our dedication, which we so proudly bring to the franchisees and the development of the EVCARCO franchise system,? stated Dale Long, CEO of EVCARCO.
?We have worked diligently to secure our intellectual properties and are proud to have been granted the registration from the U.S. Patent Office. I'm very grateful to have worked alongside all our attorneys at Mullins Law, which took the lead in assisting us to secure these registrations,? stated Scott O'Neal, COO of EVCARCO.
Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, reported its financial results for the second quarter of 2010.
During the second quarter, Plug Power consolidated its operations and focused its business on its GenDrive? product for the material handling market. Customer success and a strong and proven value proposition encourages Plug Power to view the $4 billion North American material handling industry as the first commercially viable market for a fuel cell company to establish profitability. With over 85% market share in the material handling fuel cell market, Plug Power's marquee customer-base has grown to include Walmart Canada, Sysco, Wegmans, BMW, United Natural Foods Inc. (UNFI), Coca-Cola Consolidated and FedEx Freight.
"This noteworthy customer base mirrors the strength of GenDrive's value proposition," said Andy Marsh, CEO at Plug Power. "By eliminating battery droop and change-out, customers report productivity increases of 15 to 30%. Additionally, customers demonstrate their green house gas emissions could be reduced by up to 80% onsite."
While new relationships continued to fill the company's active sales funnel, Plug Power also celebrated deployments of its GenDrive products with its socially responsible customers who enjoy both the productivity increases and environmental value of the GenDrive product suite. Sysco Houston and UNFI both held ribbon cutting events at their newly-constructed distribution centers. The events showcased the commitments made by each company to adopt a hydrogen economy at the facility.
During the second quarter, Plug Power also coordinated efforts with both Congressman Tonko and Senator Schumer to augment current fuel cell tax credits. Plug Power welcomed both Tonko and Schumer at its headquarters where critical support was given for the tax credit and the anticipated green jobs it can help create within the fuel cell manufacturing and supply chain.
Ecology and Environment, Inc. (NASDAQ:EEI), as part of its complete suite of GreenRide® mobility management solutions, launched Flex-T, a patent-pending web-based paratransit and specialized transportation management program. Flex-T facilitates the consolidation of specialized and paratransit programs across multiple service agencies -- including health, eldercare, economically disadvantaged and rehabilitation programs -- to increase utilization, consolidate passenger trips, reduce vehicle miles traveled (VMT) and improve customer service.
Addressing ever increasing transportation needs, especially those mandated by the American Disabilities Act, the GreenRide Flex-T solution can help agencies and support services significantly reduce overall associated costs while also simplifying the transportation process," said Tony Gale, E & E program director for GreenRide. "Flex-T automatically streamlines scheduling and improves access by consolidating passengers and trips across participating agencies, making it easy to facilitate a cost-saving, environmentally responsible transportation program."
In addition, the Flex-T solution offers enhanced customer service to passengers through customized pick-up reminder communications. Delivered via passenger preference -- whether interactive voice recognition (IVR), automated phone, e-mail or text message -- reminder communications can also be directed to a passenger's caretaker or guardian.
The complete suite of GreenRide mobility management solutions is designed to streamline and integrate programs while delivering on aims of sustainable transportation. GreenRide solutions are web-based and include options for carpooling, vanpooling, bike buddies, specialized transportation and paratransit, as well as fleet management and high-occupancy toll lanes.
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