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Blink Charging Announces Third Quarter 2018 Financial Results

Leading Provider of Electric Vehicle Charging Equipment and Networked Charging Services Announces Results for the third quarter and nine-months ended September 30, 2018

MIAMI BEACH, FL, Nov. 14, 2018 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK, BLNKW) (“Blink Charging” or the “Company”), a leading owner, operator and provider of electric vehicle (EV) charging station products and networked EV charging services, today announced financial results for the third quarter and nine-months ended September 30, 2018.

Third Quarter 2018 Highlights (unaudited):

“We continue to focus on building out our charging network, improving our customer’s experience and growing our membership base,” said Michael D. Farkas, Founder and Chief Executive Officer of Blink Charging. “We have best in class charging systems and financial programs that meet the needs of a rapidly expanding and diverse base of charging host providers and users. During the third quarter, we continued to successfully build out our management team and grow our core charging network business.”

About Blink Charging Co.:

Blink Charging Co. (NASDAQ: BLNK, BLNKW) is one of the leaders in nationwide public electric vehicle (EV) charging equipment and services.

Blink Charging designs, owns, operates and sells EV charging equipment under the Blink brand, as well as a number of other charging station equipment manufacturers such as Chargepoint, General Electric (GE) and SemaConnect. Blink Charging also offers connectivity to the Blink Network, a cloud-based platform that operates, manages and tracks Blink’s EV charging stations and all associated data.

For more information about Blink, please visit www.Blinkcharging.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Charging Media Contact:
Stephanie Goldman/Mark Havenner
The Pollack PR Marketing Group
sgoldman@ppmgcorp.com / mhavenner@ppmgcorp.com
(212) 601-9341