350Green and Walgreens to Bring Electric Vehicle Charging Stations to the Greater Los Angeles Area

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Source: Marketwire

LOS ANGELES, CA -- (Marketwire) -- 09/14/11 -- 350Green (www.350green.com), a developer of electric vehicle (EV) charging station networks and Walgreens (NYSE: WAG) (NASDAQ: WAG), the nation's largest drugstore chain, today announce plans to bring more than 100 public charging stations, including 35 DC Fast Chargers, to the greater Los Angeles area. The goal is to make charging an electric vehicle convenient, while paving the way for rapid adoption of EVs in the region.

350Green will begin installing the charging stations in late September. This network is part of a comprehensive effort to create the infrastructure necessary to ensure EV drivers can confidently drive their vehicles off the showroom floor and around the region without worrying about running low on a charge.

'As the car capital of the world, we strongly support and encourage a region-wide network of charging stations for large-scale deployment of electric vehicles,' said Los Angeles Mayor Antonio Villaraigosa. 'In fact, with initiatives like our 7-day 'permit-to-plug' guarantee and $2,000 rebate for home chargers, Los Angeles is the leader in a regional collaborative on EV readiness. I applaud 350Green and Walgreens for leveraging their resources to further grow our EV infrastructure.'

Early focus on EV infrastructure has been on installing charging equipment in homes and municipal garages. However, the high number of residents in cities without access to a home or work garage limits their ability to participate in the EV revolution. A network of public charging stations, widely and conveniently located near where residents live and work makes EV ownership a realistic option for thousands more residents.

'Our conveniently located stores make us uniquely positioned to be able to help reduce concerns about accessibility or 'range confidence,'' said Mark Wagner, Walgreens President of Community Management and Operations. 'We are excited to offer these charging stations in the greater Los Angeles area as more and more Americans make environmental sustainability a way of life.'

'The unique combination of car dependency and environmental sensibility in Los Angeles makes it a prime location for rapid EV adoption,' said Mariana Gerzanych, CEO of 350Green. 'Working with the city and Walgreens, we believe our network can help accelerate the purchase and use of EVs in Los Angeles.'

A list of locations in the greater Los Angeles area is available at http://bit.ly/LosAngelesWAGchargers

About 350Green
350Green is a project developer that designs, builds and operates a scalable, nationwide network of electric vehicle (EV) charging stations. The company partners with retailers, commercial property managers and developers, and municipalities to locate charging stations at places near where EV drivers live and work. Current projects are underway in Illinois, Pennsylvania, California, and New York. The company has signed partnerships with Walgreens and Simon Property Group, among others. More information is available at www.350green.com.

About Walgreens
Walgreens (www.walgreens.com) is the nation's largest drugstore chain with fiscal 2011 sales of $72 billion. The company operates 7,760 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice in communities across America. Walgreens scope of pharmacy services include retail, specialty, infusion, medical facility and mail service, along with respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health and wellness centers and in-store convenient care clinics, with more than 700 locations throughout the country.

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