May 28, 2009 07:11 ET
“Green” Company Begins Selling Re-Charging Stations
DALLAS --(Business Wire)-- May 28, 2009
ArcAngel Technologies announced today that it has signed a reseller
agreement with Verdek EV and Coulomb Technologies, Inc.
ArcAngel will begin selling and supporting Coulomb
Technologies ChargePoint networked charging stations immediately.
“Battery electric vehicles and plug-in electric vehicles are just around
the corner,” stated Mike Sheriff, CEO of ArcAngel Technologies.
Established companies such as GM, Chrysler, Nissan and new companies,
Tesla, Zenn, and others will begin shipping electric vehicles late this
year and early 2010. “It’s intriguing with all the push for electric
vehicles that the charging infrastructure has not received more
attention,” continued Sheriff. “Eliminating ‘charging anxiety’ for users
is very important, and important to the success of our Business Plan.”
ArcAngel Technologies will offer standardized components to convert GM
and Ford SUVs and pickups to full electric on a national scale. Working
with local universities, ArcAngel is developing a complete electric
system for SUVs and pickups. Based on the Company’s market research, the
number of these vehicles is ~32 million (Data from RITA and DOT). Today,
this market is largely ignored as the emphasis is on newly manufactured
electric vehicles and hybrids. It is estimated that it would take up to
fifteen years to replace these vehicles with new vehicles or through
attrition. With rising fuel prices, owners are completely underwater.
ArcAngel will use fleet operators, lease companies and used car dealers
as conversion partners. “Why build a new vehicle, when a well-engineered
vehicle exists that people prefer. Simply change the propulsion system,”
About ArcAngel Technologies, L.L.C.
ArcAngel Technologies, based in Plano, TX, plans to offer standardized
conversions for four year old and newer SUVs and pickup trucks. Using
advanced AC motors, battery packs, and proprietary engine management and
energy management systems, ArcAngel and its partners will replace the
existing internal combustion engine and related components with full
electric packages. The electric package will provide improved
performance, range, greatly reduce maintenance costs, no emissions and
eliminate gasoline charges and dependence on foreign oil. Please visit http://www.arcangeltech.com
for more information.
About VERDEK-EV
VERDEK-EV promotes EVs, NEVs and Charging Station Infrastructure to
support the growth of an alternative and sustainable transportation
system in North America. We encourage consumers, distributors and
investors to visit our web site at http://www.VERDEK-EV.com.
ArcAngel Technologies, L.L.C.
Michael L. Sheriff, CEO, 972-390-0350
mike.sheriff@arcangeltech.com