ECOtality (ETLY.OB) is a renewable energy company that acquires and commercially advances clean electric technologies and applications that address the world’s global energy challenges. ECOtality is committed to the development and commercialization of environmentally friendly breakthrough technologies and energy solutions. The Company seeks to remedy the rising demand of energy by identifying, acquiring and developing new cleaner fuel technologies that will power the planet with little or no emissions.
ECOtality envisions a renewable energy source of power based on solar, wind and water. To further its move toward this vision, ECOtality acquires and develops companies that are revenue positive and accretive to its vision of clean electo-centric energy. On January 8, 2007, ECOtality completed the transition of Fuel Cell Store in Boulder, Colorado to San Diego, California. Fuel Cell Store, acquired in June 2007, is the leading online retailer of fuel cell products. Fuel Cell Store manufactures, distributes, and sells a comprehensive range of fuel cell products including fuel cell stacks, systems, component parts and educational materials. The company is the leading international online marketplace for fuel cell related products and technologies, with an international client base that includes premier research institutes and leading colleges and universities. The company also hosts online distribution sites in Japan, Russia, Italy and Portugal.
Effective immediately, Fuel Cell Store, will share warehouse and operational facilities with Innergy Power Corporation, a leader in the design and manufacture of thin sealed rechargeable lead batteries and high quality flat-panel multi-crystalline solar modules that ECOtality acquired in September 2007. President and CEO, Jonathan Read, said, “The combining Fuel Cell Store and Innergy’s established organizational structure and management team reduces overhead costs and takes advantage of existing manufacturing, assembly, order processing, customer services, and shipping systems.”
ECOtality continues to partner with leading scientists, organizations, and educators to identify, develop, and commercialize eco-friendly technologies that will have the greatest positive impact on the environment.
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