Envision Solar is excited to announce it is re-branding!

1368225805Our new logo design is the first step in presenting our new image to the public. We are re-designing the website, updating our online presence and more. Make sure to follow us on Facebook and Twitter (@envisionsolar) for updates on the re-brand, we look forward to sharing our progress with you!

Thank you for your continued support!!

- Envision Solar Team

Envision Solar to Host Investor Webcast at 11:30 am ET on May 23, 2013

SAN DIEGO, May 16, 2013Envision Solar International, Inc. (EVSI: OTCQB) (“Envision Solar,” or the “Company”), a manufacturer and designer of unique, architecturally accretive renewable energy systems, today announced that it will hold a conference call and webcast at 11:30 am ET on Thursday, May 23, 2013 to provide a detailed discussion of the Company’s growth strategy.
Mr. Desmond Wheatley, CEO of Envision Solar, will host the conference call. To attend, please use the dial in information below.

Date:  Thursday, May 23, 2013
Time:  11:30 am ET
US Dial-In: 1-877-941-1427
International Dial-In: 1-480-629-9664
Conference ID: 4620064
Webcast:  http://public.viavid.com/index.php?id=104802

Please register for the call using the information provided above. A copy of the presentation slides accompanying this presentation will be available on the Company’s website at www.envisionsolar.com. Please contact Ted Haberfield at MZ Group if you are unable to access the slides.

A playback of the call will be available until 12:00 am ET on June 6, 2013. To listen, call +1-877-870-5176 within the United States or +1-858-384-5517 when calling internationally. Please use the replay PIN number 4620064. The playback of the call will also be made available on the investor relations section of the Company’s website.

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego, the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.” For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

About MZ Group
MZ Group, subsidiary of @titude Global, a multinational company and the world’s largest independent global investor relations consulting firm, provides investor relations, corporate communications, market intelligence, corporate governance and technology products and services. Founded in 1999, MZ Group focuses on innovation and personalized services, supported by its exclusive “one-stop-shop” business model. With offices in São Paulo, New York, Chicago, San Diego, Vancouver, Hong Kong, Beijing, Shanghai, Taipei and Mumbai, MZ has approximately 350 professionals who serve over 580 clients in 12 countries. For more information, please visit www.mzgroup.com.

Forward-Looking Statements
This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.
 
Contact:

Lindsay Adams
Envision Solar International, Inc.
Tel: +1-858-799-4583
Email: gosolar@envisionsolar.com
Web: www.envisionsolar.com

Investor Relations:
MZ North America
Ted Haberfield, President
Tel: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us

Envision Solar Announces First Quarter 2013 Results

Management to Host Investor Webcast on May 23rd to Discuss Business Updates

Lindsay Adams
Envision Solar International, Inc.
Tel: +858-799-4583
Email: gosolar@envisionsolar.com
Web: www.envisionsolar.com

Investor Relations:
MZ North America
Ted Haberfield, President
Tel:  +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us

SAN DIEGO, May 14, 2013 – Envision Solar International, Inc. (EVSI: OTCQB) (“Envision Solar,” or the “Company”), a manufacturer and designer of unique, architecturally accretive, renewable energy systems, today announced results for the three months ended March 31, 2013.

Recent Company Highlights:

  • In April, completed first Cadillac branded Solar Tree® at Fremont Cadillac dealership in Fremont, California
  • Completed $1.7 million (net) equity financing with accredited investors in February 2013
  • Interest expense was lower by approximately 55% in Q1 2013

Desmond Wheatley, Chief Executive Officer of Envision Solar, began “We reached a major milestone this quarter with the successful installation of the first Cadillac branded solar tree. This custom designed structure based on our standard tracking Solar Tree provides the blueprint for what we believe will be a multi-year adoption of our Solar Tree® products by a large percentage of Cadillac’s 952 dealerships in the U.S.

First Quarter 2013

Net revenues were $155,528 for the three months ended March 31, 2013 compared to $308,715 in the comparable period in the prior year. Envision Solar completed two large projects in the first quarter of 2012. Additionally, the Company’s decision to focus on developing strategic relationships with larger customers resulted in elongated sales cycles for the first quarter of 2013.

Operating expenses were $512,900 during 2013, down from $576,673 in 2012. The Company incurred lower non-cash stock-based compensation expenses in the three months ended March 31, 2013 while personnel-related expenses increased as a result of higher consulting and investor relations expenses.

Interest expense was $160,705 for the first quarter of 2013, down approximately 55% from $355,156 for the same period in 2012. The conversion of convertible debt and amendments to existing convertible debt agreements were the primary drivers of the lower interest expense.

Net loss and net loss per share were $1,045,767 and $0.02 in the first quarter of 2013 compared to $983,959 and $0.02 in the same period in 2012, respectively. The weighted average shares outstanding increased from 49,766,483 to 64,091,372 in 2013.

Envision Solar had $1,646,179 of cash at March 31, 2013. Cash used in operating activities was $304,354 for the quarter ended March 31, 2013 compared to $41,317 of inflows for the comparable period a year ago. The Company had a large increase in accounts receivables collection in the first quarter of 2012 due to timing of various project cycles.

The Company is in the process of completing a private placement sale of its common stock to accredited investors. As of May 14, 2013, the Company has secured approximately $1.9 million of gross commitments.

Business Updates

The Company made significant progress in 2013, including:

  1. In April 2013, the Company attended the Cadillac national dealership convention in Las Vegas. Envision Solar was the only solar company invited to participate in the highly exclusive event. Managent was able to meet with senior Cadillac executives as well as meet with and be seen by dealership owners and managers from across the country. This was the first opportunity the Company has had to market directly to the dealerships. The Company’s products, value proposition and marketing materials were met with enthusiasm. The Company’s sales team is currently following up on the numerous requests for proposals that resulted from the convention. This will be the first of many such occasions wherein Cadillac Corporate exclusively introduces Envision Solar to the dealership network. Management believes that this will create significant opportunities for sales growth with this customer.
  2. The Company continues to have active discussions with several customers to secure new orders and installations. In addition to General Motors and Horizon Energy, Envision Solar is engaged in advanced discussions with several large corporate clients to install Envision’s proprietary Solar Tree®.

“Due to the nascent nature of the solar structures industry and the extensive planning involved in determining the optimal implementation strategy for each client, our sales will fluctuate from quarter to quarter.” explained Mr. Wheatley. “Nevertheless, we are extremely encouraged with the quality of the companies we are talking to and the high level of interest that senior executives at these Fortune 500 companies have expressed in our products. We are working hard to educate more companies about our compelling value proposition and expect these efforts to bear fruit in the coming quarters.”

2013 Outlook

Envision Solar continues to aggressively invest in new products and pursue new business opportunities. The Company anticipates several upcoming milestones:

  1. Q2 2013. Initial roll-out and first sale of its EVARC™ standalone solar charging stations to the market.
  2. Q2 2013. Close $2.19 million equity financing platform.
  3. Q3 2013 Design and engineering of North Carolina deployment
  4. Q4 First North Carolina Solar Tree® structures produced

Conference Call

Mr. Desmond Wheatley, Chief Executive Officer of Envision Solar, will host the webcast. To attend the call, please use the dial in information below:

Date: Thursday, May 23, 2013
Time: 11:30 a.m. Eastern Time
Conference Line: (U.S.): 1-877-941-1427
International Dial-In: 1-480-629-9664
Conference ID: 4620064
Webcast:  http://public.viavid.com/index.php?id=104802

Please register for the call using the information provided above. A copy of the presentation slides accompanying this presentation will be available on the Company’s website at www.envisionsolar.com. Please contact Ted Haberfield at MZ Group if you are unable to access the slides.

A playback of the call will be available until 12:00 a.m. ET on June 6, 2013. To listen, call 1-877-870-5176 within the United States or 1-858-384-5517 when calling internationally. Please use the replay pin number 4620064.

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.” For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

About MZ Group
MZ Group, subsidiary of @titude Global, a multinational company and the world’s largest independent global investor relations consulting firm, provides investor relations, corporate communications, market intelligence, corporate governance and technology products and services. Founded in 1999, MZ Group focuses on innovation and personalized services, supported by its exclusive “one-stop-shop” business model. With offices in São Paulo, New York, Chicago, San Diego, Vancouver, Hong Kong, Beijing, Shanghai, Taipei and Mumbai, MZ has approximately 350 professionals who serve over 580 clients in 12 countries. For more information, please visit www.mzgroup.com.

Forward-Looking Statements
This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar Completes First Cadillac Solar Tree® Structure

Contact

Alyson Jamison
Stalwart Communications
(858) 740-7252
alyson@stalwartcom.com

New array will cut dealership’s annual greenhouse gas emissions by equivalent to 2,500 gallons of gas

 FREMONT, Calif. – April 29, 2013 – Envision Solar International, Inc., a leading sustainable infrastructure product designer and developer, announced installation of its new Cadillac Solar Tree® array at Fremont Cadillac Buick GMC.

Energy produced by the installation will go directly back to the dealership. This will reduce greenhouse gas emissions equivalent to the consumption of 2,500 gallons of gas, or 52 barrels of oil, on an annual basis.

“The Solar Tree will generate approximately 33,000 kWh of clean energy from a highly architecturally accretive platform,” said Desmond Wheatley, President and CEO of Envision Solar. “We’ve also implemented design enhancements provided by the Cadillac team to make the system uniquely theirs and supportive of the renowned carmaker’s brand in a very positive and aesthetically pleasing way.”

Installation of the array will lower the dealership’s environmental impact while improving the region’s built environment.

“It’s very exciting to be the first dealership to roll out this initiative,” said Jessie Dosanjh, General Manager of Fremont Cadillac Buick GMC. “Deploying this beautiful and iconic renewable energy landmark reiterates that we understand the wants and needs of the people in the Bay Area and is another example of how we’re fulfilling our commitment to the environment. We’re proud to take on a leadership role in this movement and encourage other Cadillac dealerships in the country to do the same.”

Equipped with integrated electric vehicle charging stations, the Solar Tree® structure can generate enough renewable energy to charge six electric vehicles each day. Envision Solar’s proprietary tracking system, EnvisionTrak™, causes the array to follow the sun, capturing more of its energy and increasing electrical output by nearly 25 percent over typical fixed solar installations.

“Our renewable energy strategy goes beyond our company walls,” said Mary Alice Kurtz, Program Manager, Sustainability Initiatives, General Motors. “We encourage all of our partners to explore renewable energy alternatives, whenever possible.”

Within the next year, Cadillac will launch the ELR, the first luxury coupe with extended range electric technology. The Cadillac Solar Tree® structure is available to Cadillac dealers nationwide to support the ELR launch, and to assist in making dealership facilities more energy efficient.

“Fremont Cadillac’s solar tree installation is a great individual example of how we’re elevating and expanding in the areas of product, technology and customer experience,” said Chase Hawkins, Cadillac Vice President of Sales. “We’re the fastest growing full-line luxury brand in the U.S. today, including a 54 percent increase in the San Francisco area.”

About Cadillac
Cadillac
 has been a leading luxury auto brand since 1902. In recent years, Cadillac has engineered a historic renaissance led by artful engineering and advanced technology. More information on Cadillac can be found at media.cadillac.com.

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com , designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.”  Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar To Exhibit at Cadillac Dealership Meeting

Contact

Lindsay Adams
Envision Solar International
(858) 799-4583
gosolar@envisionsolar.com

Cadillac Solar Tree® structures to be presented to Dealerships in Las Vegas

San Diego, California – April 16, 2013Envision Solar International, Inc. (EVSI), a leading sustainable infrastructure product designer and developer, will introduce Solar Tree® structures at the Cadillac dealership meeting in Las Vegas today. This will be first opportunity for dealerships to become acquainted with Envision Solar’s products and the benefits of deploying Cadillac Solar Tree® arrays.

“This is a great opportunity to meet personally with Cadillac Dealerships from across the country,” stated Desmond Wheatley, Chief Executive Officer, Envision Solar. “Together we have created the most advanced Solar Tree® structure yet. We look forward to it bringing value to dealerships across the country for many years to come and we anticipate that this show will deliver significant opportunities for our company.”
Envision Solar and Cadillac have together created a Solar Tree® structure which is unique and which will reduce dealership’s carbon footprints while creating eye catching iconic landmarks which will act as a highly visible statement of their commitment to sustainability.

“This is a great opportunity for our dealerships to see what is available for them to continue to create the best customer experience,” said Mike Johnson, Cadillac Dealer Network Manager, “The Solar Tree beautifully provides shade and Renewable energy in the dealership lot which is good for our customers and for our ongoing sustainability efforts.”

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com , designs, manufactures and deploys unique, proprietary and architecturally creative renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.”  Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar Completes Second Solar Tree® Array Installation for NREL

Contact: Lindsay Adams
Envision Solar
(858) 799-4583
gosolar@envisionsolar.com

Drag and Drop™ capability enabled installation to be completed in record time

San Diego, Calif. – April 11, 2013 – Envision Solar International (EVSI), a leading sustainable infrastructure product designer and developer, is pleased to announce the successful installation of a second Solar Tree® array for the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) at their Vehicle Testing and Integration Facility (VTIF).

Envision Solar completed the installation of the Solar Tree® array for NREL four and a half days after the components arrived at the site on a single truck. The Drag and Drop™ capability Envision Solar offers meant limited disruption at the site and the ability to use the product right away, which was very appealing to NREL.

“I’m proud that we have been chosen again by NREL. They are delighted the Solar Tree deployment went so quickly and without any typical construction problems,” stated Desmond Wheatley, Chief Executive Officer, Envision Solar. “Our drag and drop infrastructure is comprised of engineered modules which enable us to deliver beautiful and complex structures, made simple and risk free for our customers. That’s how we minimize installation time and impact to their property.”

“The addition of this Made in America 18kW solar canopy incorporating EnvisionTrak™ and EV Charging supports NREL’s R&D mission to integrate electric vehicles and grid systems for enhanced value,” stated Tony Markel, Senior Engineer, NREL. System benefits of the new tree were maximized by integrating the most efficient SunPower E20 solar panels and a compact transformerless bi-polar inverter from Ideal Power Converters.

The Solar Tree® structure is designed to withstand 120mph winds and six feet of snow simultaneously; it is the most robust Solar Tree® structure Envision Solar has designed to date.

About Envision Solar International, Inc.

Envision Solar, www.envisionsolar.com , designs, manufactures and deploys unique, proprietary and architecturally creative renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.”  Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar Announces Major Technology Advancement For Solar Tree® Array

New Engineered Foundation for Solar Tree® Structures Facilitates Fast & Easy Installation of Envision Solar’s Drag & Drop Infrastructure™ Product Line

SAN DIEGO, April 4, 2013Envision Solar International, Inc. (“Envision Solar”) OTCBB:(EVSI – News)a leading sustainable infrastructure product designer and developer, today announced that the company has successfully completed the engineering, manufacturing and installation of its engineered, pre-fabricated foundations for Solar Tree® Arrays. The first such foundations have received planning department approval and successfully deployed for a Solar Tree® structure deployment in California. A significant improvement from prior methods, this new pre-fabricated foundation is part of Envision Solar’s Drag & Drop Infrastructure™ product line that offers much faster, more efficient deployment of the Solar Tree® structures. The foundations were deployed in a few hours rather than several days using a method that creates far less risk and requires far fewer inspections and other time consuming and costly steps than the traditional methods formerly employed.

Envision Solar’s President and CEO, Desmond Wheatley, stated, “This is a major improvement to our product and a significant further step in our evolution towards product deployment and away from construction projects. This highly scalable approach enables us to deliver increased quality for less money and in much less time. Very importantly, we have worked out how to deploy these iconic structures with minimal impact to our customer’s locations. This will have a huge impact on our ability to execute on the very large volume of deployments we anticipate in the coming months and years. Great news for our customers and shareholders alike.”

The Solar Tree® structure’s foundation was the last component of the product that still required significant amounts of work in the field. Now an engineered solution will be delivered as part of Envision Solar’s Solar Tree on a Truck™. Foundations that used to take several days of fieldwork will now be delivered and installed in less than two hours resulting in dramatically reduced costs and impact to the customer location. Envision Solar’s product deployments will be exposed to significantly reduced risks associated with field labor, weather and site-specific conditions which are expensive and can result in cost overruns.

For more information about Envision Solar, visit www.envisionsolar.com.

Contact: Lindsay Adams
Envision Solar International, Inc.
858-799-4583
gosolar@envisionsolar.com

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations. Based in San Diego, California the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.” Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

This Press Release may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar Announces Full Year 2012 Financial Results; Provides Business Update and Outlook for 2013

SAN DIEGO, April 1, 2013 – Envision Solar International, Inc. (EVSI: OTCQB) (“Envision Solar,” or the “Company”), a manufacturer and designer of unique, architecturally accretive, renewable energy systems, today announced results for the three and twelve months ended December 31, 2012.

CY2012 Highlights:

  • Signed MOU with Horizon Energy for 2,300 Solar Tree® arrays in North Carolina
  • Sold first two units of its breakthrough EV ARC™ standalone solar charging station
  • Signed contract for the first dealership in the Cadillac Solar Tree Program
  • Reduced operating cash outflows by approximately $808,000 to $1,162,812
  • Signed first international sales agreement with Al Habtoor in the Middle East
  • Exhibited at first International trade show in Abu Dhabi

Desmond Wheatley, Chief Executive Officer of Envision Solar, explained, “We are making the necessary investments to build a stronger and more competitive company.  After two years of working with General Motors, we are delighted to become the exclusive provider of Solar Tree arrays to Cadillac’s 952 U.S. dealerships. This is truly a breakthrough relationship that will provide significant long term benefits to Envision Solar, Cadillac, each dealership owner and consumers alike.”

Full Year 2012 Financial Results
Net revenues were $721,835 for the twelve months ended December 31, 2012 compared to $2,303,142 for the same period in the prior year. The Company’s decision to focus on engineering and scalability improvements while developing strategic relationships with larger customers resulted in elongated sales cycles in 2012.

Operating expenses were $2,368,793 during 2012, down from $3,571,558 in 2011. The Company incurred lower non-cash stock-based compensation expenses in 2012 while reducing certain targeted marketing expenses and investor relations costs.

Net loss and net loss per share were $2,481,728 and $0.04 in 2012 compared to $2,547,493 and $0.05 in 2011, respectively. The weighted average shares outstanding increased from 47,440,255 to 55,479,675 in 2012.

Envision Solar had $257,396 of cash and $1,726,000 in short term borrowings at December 31, 2012. Cash used in operating activities was $1,162,812 for the year ended December 31, 2012 compared to $1,970,831 for the same period in 2011.

Subsequent to the end of fiscal 2012, the Company raised approximately $1.7 million (net) in a private placement. The Company intends to complete the $2.19 million private placement sometime in early Q2 2013.

Business Update
Over the past seven years, Envision Solar has developed innovative solar structures based on proprietary technologies and designs. Its three main product lines – Solar Tree® array, Solar Tree Socket™, and EV ARC™ systems – are used in retail, utility, commercial property, and government campus parking lots and public spaces, respectively. The Company has been selected by General Motors to be the exclusive supplier of Solar Tree® arrays to Cadillac’s 952 dealers in the U.S. This opportunity provides an excellent entry into a rapidly growing market as auto manufacturers and dealers make efforts to enhance their sustainability image as well as capitalize on the growing consumer demand for electric vehicles (EVs).

The Company is increasingly well positioned to tap the burgeoning opportunity to sell its Solar Tree® arrays and Solar Groves® to corporate, university and government clients. Entities such as General Motors, McDonalds, Dell, Kyocera, San Diego Gas and Electric (SDG&E), Axion Power, and the U.S. Navy have deployed Envision Solar’s arrays, often with integrated EV charging stations, on their campuses and in their parking lots. Customizable for each client’s needs and equipped with Envision Solar’s proprietary EnvisonTrak™ tracking technology and SunCharge™ “column integrated” EV charging stations, these highly standardized and engineered solar products provide rapid deployment and superior performance and flexibility compared to traditional solar installations.

Envision Solar’s latest product, the EV ARC™, is a cost-effective, easy-to-install, standalone solar charging station that requires no foundation, no trenching, no building permit and no grid connection. One of the main prerequisites to mass adoption of EVs is having a sufficient number of charging stations. EV ARC™ captures and stores up to 22.5 kWh per day of power in each integrated unit, sufficient to charge one electric vehicle each day. The Company will initially target municipal, retail and corporate customers who are looking for rapid, pain-free deployments of EV charging infrastructure without all the challenges associated with conventional units. With global sales of EVs forecasted to be in the tens of millions in the next few years, the Company expects EV ARC™ to be a significant source of revenues.

Envision Solar’s products provide rapid returns on investment (ROI) to customers by delivering direct and indirect benefits.  For car dealers, the Solar Tree® arrays will elevate the dealers’ branding and drive additional sales through a highly visible structure that can be customized to suit their brand.  The Solar Tree® arrays also serve as charging stations for electric vehicles – which creates additional traffic and sales opportunities. Each dealer is able to garner positive media coverage by installing these innovative and beautiful structures. The combination of tangible and intangible benefits make Envision Solar’s products economically very attractive. Highly engineered and architecturally accretive Solar Tree® structures attract customers, enhance property values and improve tenant and employee recruitment and retention.

The Company uses a combination of internal and outsourced resources to design, manufacture and assemble its products. In the past two years, its engineering and manufacturing teams have developed and refined a highly scalable and efficient design and assembly process that allows the Company to produce high quality products which can be rapidly deployed individually or at scale with minimal disruption to the customer location. This flexible model, which allows the Company to manufacture and deploy products based on demand, creates significant operating leverage which should deliver industry leading profitability at scale.

Progress Report
The Company made significant investments in 2012, including:

  1. A redesign of its flagship Solar Tree® structure to allow for a significant reduction in the field labor required for its installation.
  2. Redesign and product development aimed at making the Company’s products highly scalable and exportable both domestically and internatiaonally.
  3. The invention and engineering of the EV ARC™.
  4. Ongoing and successful efforts to close business with large opportunities such as Cadillac.

Management believes these investments position the Company with sustainable, competitive advantages to support higher sales.=

Mr. Wheatley continued, “We want to become an efficient and profitable company on a sustainable basis.  Our EV ARC technology, which is easier and less costly to deploy and capable of delivering power night and day, is an example of our vision to use less disruptive technologies to enter a large, untapped market.”

2013 Outlook
Envision Solar continues to aggressively invest in new products and pursue new business opportunities. The Company anticipates several upcoming milestones:

  1. Q1 2013. Installation of the first Cadillac Solar Tree® structure in a dealership.
  2. Q2 2013. Initial roll-out of its EV ARC™ standalone solar charging station to the market.
  3. April 2013. Participate as Cadillac’s sole solar provider partner at GM’s 2013 dealers’ convention.
  4. Q2 2013. Design and engineering of the 2300 Solar Tree® installation in North Carolina.
  5. Q2 2013. Close $2.19 million equity financing platform.
  6. FY 2013. First international sales.

“We start 2013 in a stronger position than we have been in since I joined the Company,” concluded Mr. Wheatley. “With our financing nearly complete, we are focused on executing the commercial opportunities we have with GM, Horizon Energy and others, while developing a pipeline of future customers and partners. We look forward to updating our shareholders on these exciting developments in the coming months.”

Notice
This notice does not constitute an offer to sell nor a solicitation to buy a security.  Any offer to sell or a solicitation to buy a security from the Company is made only to prospective investors with whom the Company or its registered placement agent has a pre-existing relationship and only by the complete Confidential Private Placement Memorandum covering the Company’s common stock and warrants in the private placement, including the risk factors described in the Memorandum.

The securities offered in the Company’s private placement have not been registered under the Act or any state securities laws.  No shares may be resold, assigned or otherwise transferred unless a registration statement under the Act is in effect, or the Company has received evidence satisfactory to it that such transfer does not involve a transaction requiring registration under the Act and is in compliance with the Act.

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.” For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

About MZ Group
MZ Group, subsidiary of @titude Global, a multinational company and the world’s largest independent global investor relations consulting firm, provides investor relations, corporate communications, market intelligence, corporate governance and technology products and services. Founded in 1999, MZ Group focuses on innovation and personalized services, supported by its exclusive “one-stop-shop” business model. With offices in São Paulo, New York, Chicago, San Diego, Vancouver, Hong Kong, Beijing, Shanghai, Taipei and Mumbai, MZ has approximately 350 professionals who serve over 580 clients in 12 countries. For more information, please visit www.mzgroup.com.

Forward-Looking Statements
This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

Contact:

Lindsay Adams
Envision Solar International, Inc.
Tel: +1-858-799-4583
Email: gosolar@envisionsolar.com
Web: www.envisionsolar.com
Investor Relations:
MZ North America
Ted Haberfield, President
Tel:  +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: www.mzgroup.us

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Envision Solar Engages MZ Group for Investor Relations

mzgroupContact: Lindsay Adams
Envision Solar International, Inc.
Tel: +858-799-4583
Email: gosolar@envisionsolar.com
Web: http://www.envisionsolar.com

Investor Relations
MZ North America
Ted Haberfield, President
Tel: +1-760-755-2716
Email: thaberfield@mzgroup.us
Web: http://www.mzgroup.us

 

SAN DIEGO, March 13, 2013  – Envision Solar, Inc. (EVSI: OTCBB) (“Envision Solar,” or the “Company”), a leading sustainable infrastructure product designer and developer, today announced that it has retained MZ Group as its investor relations advisor.

MZ Group will assist Envision Solar with designing and executing a comprehensive investor relations program, with an emphasis on expanding the Company’s shareholder base, particularly in North America.

Desmond Wheatley, Chief Executive Officer of Envision Solar, began, “We are a dynamic company focused on creating high quality products that transform the parking lots of commercial, institutional and government buildings into differentiated renewable power generation assets. Our patented and patent pending products are manufactured in the U.S. and are engineered to be highly scalable and highly deployable. Our recently announced agreement in North Carolina with Horizon Energy and our agreement with Cadillac are positioning us for some potentially substantial growth which makes the timing of this agreement with MZ ideal.”

“Envision Solar is building a strong foundation for sustainable growth,” said Ted Haberfield, President of MZ Group North America. “They have the highest quality products in their industry and a highly credible pipeline of deals with quality portfolio customers. We see Envision Solar as an emerging investment opportunity for investors looking for a truly unique story in the alternative energy space.”

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego, the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.” For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

About MZ Group
MZ Group, subsidiary of @titude Global, a multinational company and the world’s largest independent global investor relations consulting firm, provides investor relations, corporate communications, market intelligence, corporate governance and technology products and services. Founded in 1999, MZ Group focuses on innovation and personalized services, supported by its exclusive “one-stop-shop” business model. With offices in São Paulo, New York, Chicago, San Diego, Vancouver, Hong Kong, Beijing, Shanghai, Taipei and Mumbai, MZ has approximately 350 professionals who serve over 580 clients in 12 countries. For more information, please visit www.mzgroup.com.

Forward-Looking Statements
This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar and Horizon Energy Group Announce the First Major Project under their Teaming Agreement

logo5Media Contact: Lindsay Adams
Envision Solar International, Inc.
(858) 799-4583
gosolar@envisionsolar.com
The Companies join forces on Microgrid and Solar Projects

San Diego, California – January 31, 2013 – Following the recent announcement of a strategic Teaming Agreement, Envision Solar International, Inc. (EVSI), and Horizon Energy Group, announced that they had executed a Memorandum of Understanding, dated November 20, 2012, and the commencement of design work on a Solar Forest in North Carolina. The Solar Forest will be comprised of approximately 2300 Solar Tree® structures and will generate approximately 35 megawatts of clean renewable Solar energy when completed scheduled in 2014.

The Memorandum of Understanding is an exclusive agreement in place between Horizon Energy Group, an undisclosed property owner in North Carolina and Envision Solar. Under the terms of the agreement Horizon Energy Group will be the Solar Forest developer and financier, the property owner will be the host and Envision Solar will be the exclusive provider of solar design, fabrication and delivery of its proprietary and patented Solar Tree® structures. Installation of the Solar Tree® structures is expected to commence in the 2nd quarter of 2013 and be completed by the end of 2014.

“This is a massive and exciting deployment of our products,” said Desmond Wheatley, CEO of Envision Solar. “We are thrilled to be working with Horizon on this installation which is ideally suited to our highly engineered Solar Trees. Now we really get to see the value of bringing a modularized and scalable product to market. Our Drag and Drop capabilities make it possible for us to deliver the very high quality that Horizon demands in a highly efficient and scalable manner keeping costs in check but never at the expense of quality. This will be by far our biggest deployment to date and we are ready for it.”

Envision Solar and Horizon will work with Green Energy Corp and McKim Creed Green, who, together will comprise the lead development and delivery team for the project.

“We are delighted to be leading this project with a great team,” said Steve Pullins, CEO of Horizon Energy Group. “North Carolina has proven to be a prudent renewables development state where the people, utilities, and policy-makers are aligned to reduce dependence on finite energy resources. This installation will be a great benefit to all stakeholders. The skills of our team are unique in the industry, and we believe that this Solar Forest, as the anchor of our microgrid plan, will be the model for future installations. We are creating a sustainable and reliable renewable energy generation plant which will serve the region for decades.”

Envision’s Solar Tree® structures will be assembled locally and installed at the site by local resources contributing to employment in green industries in North Carolina.

About Envision Solar International, Inc.

Envision Solar, www.envisionsolar.com, designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure™ product line. The company’s flagship products include the patented Solar Tree® array and Solar Tree® Socket™ solar shaded parking solutions with EnvisionTrak™, a proprietary and patent pending solar tracking machine, and SunCharge™ Column Integrated Electric Vehicle Charging Stations.

Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company’s commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the “Green Halo.”  Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.

About Horizon Energy Group

Horizon Energy Group (www.horizonenergygroup.com) is one of the few leaders in microgrid design and implementation.  Our advanced design for optimizing microgrid operations for economic, reliability, and emissions objectives is recognized in the industry as the way of the future.

Based in Tennessee, the company has been recognized as a Company to Watch in Perfect Power by Bob Galvin and Kurt Yeager, and Top 100 Movers and Shakers in the Smart Grid Movement by GreenTech Media.  Horizon is the leading designer of utility and campus microgrids with thirteen projects to date, and one of the leading developers in the US, currently building its forth microgrid. For more information, visit www.horizonenergygroup.com or email at info@horizonenergygroup.com.

This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties.  All statements in this Report other than statements of historical facts are forward looking statements.  Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results.  Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements.  Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control.  Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks.  We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans.  Current results and trends are not necessarily indicative of future results that we may achieve.

 

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