Coulomb Technologies CEO Comments on CPUC Decision on Electric Vehicles

San Jose, Calif., July 30, 2010 – Campbell, Calif., July 30, 2010 – Coulomb Technologies today announced support for the California Public Utilities Commission (CPUC) decision that companies that sell electric vehicle charging services to the public will not be regulated as “public utilities.” Coulomb Technologies, a maker of networked infrastructure for electric vehicles participated in the proceeding. Coulomb argued that by treating a charging station as competitive access to the grid as opposed to being a regulated utility, the Commission can foster competition in the nascent infrastructure marketplace and help facilitate rapid deployment.

"This outcome will encourage competitive market forces to bring benefits to consumers and ensure rapid deployment of the charging infrastructure,” said Richard Lowenthal CEO of Coulomb Technologies. “We applaud the decision as it not only enables a competitive framework for the California market, but will set an important precedent for other key states and for the nation."

About Coulomb Technologies, Inc.

Coulomb Technologies is the leader in electric vehicle charging systems and application services, with the ChargePoint Network now operating in 14 countries, and Network Operations Centers in the U.S., London, and Hong Kong. Coulomb provides a vehicle-charging infrastructure, with an open system driver network: the ChargePoint Network provides multiple web-based portals for Hosts, Fleet managers, Drivers, and Utilities, and ChargePoint Networked Charging Stations ranging in capability from 120 Volt to 240 Volt AC charging and up to 500 Volt DC charging. For more information, follow Coulomb on Twitter at twitter.com/coulombevi. To request a charging station in your area, visit www.mychargepoint.net/request-station.php. To download the ChargePoint iPhone App, click here.