DALLAS, Aug. 31, 2007 (PRIME NEWSWIRE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site is initiating Profile Coverage of ECOtality, Inc. (OTCBB:ETLY). ECOtality, headquartered in Scottsdale, Ariz., is a technology innovator that leverages global R&D resources to develop and commercialize renewable energy technologies, specifically aimed at addressing today's global energy challenges. Through strategic partnerships, ECOtality applies scientific knowledge and creates proprietary green energy technologies.
ECOtality is focused on bringing innovative eco-friendly concepts to practical commercialization through the acquisition, partnership and development of early stage renewable energy technologies. With strategic partnerships and an aggressive developmental model, the company strives to accelerate the market applicability of clean technologies to become accepted alternatives to carbon-based fuel technologies.
Currently, ECOtality is collaborating with the National Aeronautics and Space Administration's (NASA) Jet Propulsion Laboratory (JPL) and the California Institute of Technology (Caltech) to develop an on-board hydrogen generation technology, Hydratus(tm). The Hydratus system generates hydrogen on demand in a process that is non-toxic, non-combustible and environmentally friendly. When used in conjunction with existing hydrogen fuel cell technology, Hydratus creates an electric power system that operates without combustion and without the problems associated with stored hydrogen.
To view the StockGuru.com Profile for ECOtality, Inc., please visit:
http://www.stockguru.com/profiles/etly.
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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.
Disclosure: Pentony Enterprises LLC expects to be compensated up to $13,500 cash for profile coverage. Pentony Enterprises is not a registered investment adviser or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.