Fisker Karma Debuts in San Jose

SAN JOSE, CA, May 18 (MARKET WIRE) --
Fisker Silicon Valley, the local retailer for Fisker Automotive, an
American manufacturer of premium green automobiles, today unveiled the
Fisker Karma at Santana Row, a vibrant retail, residential and office
neighborhood, in San Jose. The four-seat, plug-in hybrid hardtop
convertible provides 50 emission-free miles on a single charge to its
lithium-ion battery pack and up to 403hp from two electric motors.

"The Karma furthers the Fisker belief that driving style and performance
need not be compromised for environmental friendliness," said Adam Simms,
owner, Fisker Silicon Valley. "We are very excited to be the Silicon
Valley source for this luxury plug-in hybrid and think this market --
with its strong awareness of green transportation issues -- will be a
good fit for the Fisker brand. We are happy to be a part of this
community and support San Jose's efforts with its Green Vision," said
Simms.

Fisker Silicon Valley will be among the first group of U.S. retailers to
market and service the Fisker Automotive luxury plug-in hybrid vehicles,
beginning with the $87,900, 100mpg Karma. Fisker Automotive chose Simms,
who has a long history in Silicon Valley automobile retailing,
specifically in the hybrid space, because of his familiarity with premium
brands, new technology, discerning clientele and with the need to offer a
vehicle that reduces environmental impact.

"I am delighted to welcome Fisker to Silicon Valley," said Mayor Chuck
Reed. "As a leader in clean-tech innovation, we are working regionally to
make the Bay Area the electric vehicle capital of the world. Having a
variety of options like Fisker vehicles available to our residents will
help put San Jose on the road to improving air quality, decreasing
greenhouse gas emissions, and reducing our dependence on foreign oil."

For the debut of the Fisker Karma, Coulomb Technologies demonstrated the
simplicity of charging the vehicle via its ChargePoint(TM) Networked
Charging Station, installed at Santana Row for the event. This
installation complements existing charging stations installed in July
2008 -- when San Jose became the first large U.S. city to test
electric-car charging stations from Coulomb Technologies. The charging
stations are outfitted in public and mounted on streetlight poles and
garages.

"Coulomb is thrilled to be a part of the debut of the Fisker Karma and are
confident that it will open up the plug-in hybrid market by satisfying
consumer demand for a performance vehicle that is both beautiful and
green," said Richard Lowenthal, CEO, Coulomb Technologies. "We are pleased
that the open architecture infrastructure of our charging stations will
allow Karma owners an easy, fast and reliable place to charge," said
Lowenthal.

ABOUT FISKER AUTOMOTIVE, INC.

Fisker Automotive, founded in 2007 by Fisker Coachbuild, LLC and Quantum
Technologies (QTWW), is a privately owned American car company producing
premium green automobiles. Global headquarters are located in Irvine,
Calif., with Henrik Fisker as CEO. The company is backed by Kleiner
Perkins Caufield & Byers, Palo Alto Investors and the Qatar Investment
Authority (QIA). More information is available at
www.fiskerautomotive.com.

ABOUT COULOMB TECHNOLOGIES, INC.

Coulomb Technologies (http://www.coulombtech.com), headquartered in
Campbell, Calif., offers a family of products and services that provide a
plug-in vehicle charging infrastructure, which includes ChargePoint
Networked Charging Stations ranging in capability from 120V 15A to 240V
80A AC charging to 120kW DC charging. Coulomb applies networking
technology to the challenge of charging electric vehicles and plug-in
hybrids in order to fuel the electric transportation industry. Coulomb's
ChargePoint Network (http://www.mychargepoint.net) addresses the needs of
drivers, utilities, governments, and parking space owners. For more
information, please visit http://www.coulombtech.com. Follow Coulomb on
Twitter at http://twitter.com/coulombevi.

ABOUT SAN JOSE'S GREEN VISION

On October 7, 2007, Mayor Chuck Reed introduced San Jose's Green Vision,
which sets 10 ambitious goals for environmental protection and economic
development. This 15-year plan envisions: creating 25,000 Clean Tech jobs;
building or retrofitting 50 million square feet of green buildings;
installing 100,000 solar roofs (1/10 of Governor Arnold Schwarzenegger's 1
million solar roofs for California initiative); reducing per capita
electricity use by half; becoming a zero waste city; recycling and reusing
100 percent of the city's water; and moving to 100 percent renewable
energy. A key part of the San Jose Green vision is the creation of a Green
Mobility system -- an integrated and sustainable way to get from place to
place. Working to generate demand which further elevates zero
emissions/alternative fuel transportation viability, San Jose is
confronting the global climate crisis and end domestic dependence on
fossil fuels.

ABOUT THE CITY OF SAN JOSE

From its founding in 1777 as California's first city, San Jose has been a
leader, driven by its spirit of innovation. Today, San Jose stands as the
largest city in Northern California and the Capital of Silicon Valley --
the world's leading center of innovation. The city, the 10th largest in
the U.S. with a population of more than 1 million, is committed to
remaining a top-ranked place to do business, to work and to live. For
more information, visit, www.sanjoseca.gov.

Contacts:

Steven Brewster
(415) 577-8851 mobile
San Jose Office of Economic Development
Email Contact

Bill Little
Fisker Silicon Valley
Email Contact
(303) 807-5933

Anne Smith
Anne Smith Communications for Coulomb Technologies
Email Contact
408-313-8089

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