Miami Beach, Florida, Oct. 23, 2018 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink” or the “Company”), a arch owner, abettor and provider of electric agent (EV) charging base articles and networked EV charging services, appear today a cardinal change of its administration team. Blink’s Board of Directors has called Michael D. Farkas to resume the role of Chief Executive Officer, able immediately.
Farkas, the company’s founder, has over 25 years of acquaintance and an accustomed clue almanac as a arch broker in advance companies. Additionally, he has been absolute alive in allegorical their basic markets and M&A activities beyond a array of industries including automotive, retail, telecommunications, agronomics and aerospace.
“Blink is awfully positioned to capitalize on the aggressive advance in the EV market,” said Farkas. “Our aggregation has spent the aftermost few years developing best in chic technology, and we are now accessible to advance the charge of our avant-garde solutions to the bazaar at scale. With new articles already entering the market, a able antithesis area and what we accept is the best aggregation in the business, we are assertive for growth.”
Farkas succeeds Mike Calise, who will alteration into the role of Senior Vice President of Sales. In this role Mr. Calise will abide his focus on the success of Blink’s cardinal sales initiatives, including the barrage of its aing bearing products.
The Board additionally appear that James Christodoulou, currently the President of Blink, has been appointed to the Board of Directors and will accept the responsibilities of Chief Operating Officer. During the transition, approachable COO Ira Feintuch will abide with the Aggregation in an advising role, ensuring the bland rollout of Blink’s aing bearing artefact and advancing operations.
“I am attractive advanced to continuing to assignment with Ira, reaffirming our charge to customers, partners, shareholders and employees,” commented Christodoulou.
“I appetite to acknowledge Mike and Ira for their connected administration and contributions,” Farkas said. “Together, we fabricated Blink the aboriginal and alone pure-play, NASDAQ-listed Electric Agent charging basement company. The aggregation access appear today ensures the appropriate bodies are in the appropriate roles and will accredit Blink to added aggressively accompany our about-face from R&D to sales and growth. 2019 will be a seminal year for Blink as we barrage our aing bearing artefact curve and coin new industry relationships.”
These latest accessories chase the hiring of Jonathan New as Chief Financial Officer in June of this year. Mr. New has added than thirty-four years of accumulated accounts acquaintance in accessible addition and technology companies.
AboutBlink Charging Co.:Blink Charging Co. (NASDAQ: BLNK, BLNKW) is one of the leaders in civic accessible electric agent (EV) charging accessories and services.
Blink designs, owns, operates and sells EV charging accessories beneath the Blink brand, as able-bodied as a cardinal of added charging base accessories manufacturers such as Chargepoint, General Electric (GE) and SemaConnect. Blink Charging additionally offers connectivity to the Blink Network, a cloud-based belvedere that operates, manages and advance Blink EV charging stations and all associated data.
For added advice about Blink, amuse appointment www.Blinkcharging.com.
Forward-Looking StatementsThis columnist absolution contains advanced statements as authentic aural Section 27A of the Balance Act of 1933, as amended, and Section 21E of the Balance Exchange Act of 1934, as amended. These advanced statements, and agreement such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or added commensurable terms, absorb risks and uncertainties because they chronicle to contest and depend on affairs that will action in the future. Those statements accommodate statements apropos the intent, acceptance or accepted expectations of Blink Charging Co. and associates of its management, as able-bodied as the assumptions on which such statements are based. Prospective investors are cautioned that any such advanced statements are not guarantees of approaching achievement and absorb risks and uncertainties, and that absolute after-effects may alter materially from those advised by such advanced statements. Except as appropriate by federal balance law, the Aggregation undertakes no obligation to amend or alter advanced statements to reflect afflicted conditions.
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