GlobeNewswire Inc | Jun 23, 2021 09:15AM EDT

June 23, 2021

Miami Beach, FL, June 23, 2021 (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 services, today announced the appointment of accomplished renewable energy and EV charging executive, Miko de Haan as Managing Director Europe of the companys newly formed, wholly owned subsidiary, Blink Holdings B.V., a Dutch company located in Amsterdam, which will drive the growth of Blink Chargings European operations.

Mr. de Haan boasts an impressive career of over 11 years in electric vehicle charging and infrastructure, and in the clean energy space. In 2010, Miko joined NewMotion, an electric vehicle service provider in Europe founded in 2009 by Blink board member, Ritsaart van Montfrans.

We are very excited to welcome Miko to the Blink family. His experience in the European EV markets will be invaluable as we expand our network throughout the continent. His passion and dedication in the industry, coupled with his extensive and varied energy-sector experience, will ensure Blinks continued success as we further expand into new markets, commented Michael D. Farkas, Founder and CEO of Blink Charging.

Blink independent board member, Ritsaart van Montfrans, former CEO and founder of NewMotion, a leading electric vehicle service provider in Europe, worked closely with Miko. Mr. de Haan is a driven leader and dedicated advocate for electric vehicles, clean energy, and renewable fuel sources. I commend Blinks executive team for bringing Miko on board as he brings a large network of contacts in the European EV space, and extensive deal-making experience. No one will work more diligently to ensure Blink is leading the transition to electric transportation alternatives, Mr. van Montfrans commented.

Mr. de Haan expressed his excitement about joining Blink Charging: I am honored and excited to be joining the Blink Charging family. I am a true believer in electric vehicles and the critical role they play in the transition to clean energy. For transportation to go all-electric, industry and commercial leaders must spearhead the transition. I look forward to being that advocate and leader for Blink in Europe.

Miko continued, Blinks expansion into Europe signals to the entire industry that Blink is positioning itself to be a global leader in EV charging. During this pivotal time for the entire sector, Blinks combination of experienced, talented leadership and the youthful disposition of a nimble and flexible team, give a great outlook for the future.

Mr. de Haan joins Blink Charging at an exciting time as it continues expanding into new markets, develops new, industry leading products and bolsters its leadership team with seasoned and energetic leaders. Recent highlights include the naming of Harjinder Bhade as Chief Technology Officer, the acquisition of Blue Corner, and being named to the Russell 2000 index.

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ABOUT BLINK CHARGINGBlink Charging Co. (Nasdaq: BLNK, BLNKW) is a leader in electric vehicle (EV) charging equipment and has deployed over 30,000 charging ports across 13 countries, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of the Companys charging locations worldwide. Blink Chargings principal line of products and services include its Blink EV charging network (Blink Network), EV charging equipment, and EV charging services. The Blink Network uses proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million vehicles by 2025 from approximately 2 million in 2019, the Company has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information, please visit https://www.blinkcharging.com/.

Forward-Looking StatementsThis 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, along with terms such as anticipate, expect, intend, may, will, should, and 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 Chargings 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.

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