Leading EV Charging Services Company Added to High-Performance Microcap Index
MIAMI BEACH, FL, June 26, 2018 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: “BLNK”, “BLNKW”) (“Blink” or the “Company”), a leading owner, operator and provider of electric vehicle (“EV”) charging equipment and networked EV charging services, announced today that the Company was added to Russell Microcap® Index (the “Index”) at the conclusion of the Russell indexes annual reconstitution on June 22, 2018.
Determined by global index provider FTSE Russell, inclusion in the Index was determined by objective, market-capitalization rankings, and style attributes. The Index is a widely used source for the investment community for benchmarks that inform investment strategies. The FTSE Russell indexes benchmark approximately $16 trillion in assets.
“Inclusion in the Russell Microcap® Index is an important milestone for Blink and was made possible by demonstration of our financial performance and strong growth trajectory as we continue to expand in markets across the world,” said Blink’s Founder and Executive Chairman, Michael D. Farkas. “We appreciate the significant visibility that FTSE Russell will deliver in the investment community and look forward to a strong year ahead.”
For more information on the Russell Microcap® Index and the Russell US Indexes reconstitution, visit the FTSE Russell website.
About Blink Charging
Blink Charging (NASDAQ: BLNK, BLNKW) is one of the leaders in nationwide public electric vehicle (EV) charging equipment and services, enabling EV drivers to easily charge at locations throughout the United States. Headquartered in Florida with offices in Arizona and California, Blink Charging’s business is designed to accelerate EV adoption.
Blink Charging offers EV charging equipment and connectivity to the Blink Network, a cloud-based software that operates, manages, and tracks the Blink EV charging stations and all the associated data. Blink Charging also owns and operates EV charging equipment predominantly under the Blink brand, as well as using a number of other charging station equipment manufacturers such as ChargePoint, General Electric (GE) and SemaConnect. Blink Charging has strategic property partners across multiple business sectors including multifamily residential and commercial properties, airports, colleges, municipalities, parking garages, shopping malls, retail parking, schools, and workplaces.
For more information about Blink Charging, please visit BlinkCharging.com