 |
 |
 |
 |
PowerSecure Announces $6 Million of New Awards from Several Major Grocery Chains for EfficientLights Technology
Posted: 04-28-2009 : WAKE FOREST, N.C.
WAKE FOREST, N.C. -- PowerSecure International, Inc. (Nasdaq: POWR) today announced that it has been awarded approximately $6 million of new business from several major grocery chains for its state-of-the-art green EfficientLights LED lighting technology. The chains are investing in this new technology in 2009 to improve their energy efficiency and reduce the carbon footprint of their stores. The new technology is expected to reduce the stores’ refrigerated case lighting energy use by a substantial 70 percent, and reduce the carbon footprint by approximately 80 thousand pounds of carbon emissions annually per store.
PowerSecure’s new EfficientLights technology is specifically designed to reduce energy usage in refrigerated cases for grocery, drug, and convenience stores. Through extensive “real world” testing, the Company continues to demonstrate its breakthrough EfficientLights technology leads the industry with a lighting design that delivers the best quality of lighting in the marketplace, enhances consumers’ shopping experience, and generates the strongest return on investment due to its superior energy efficiency.
Sidney Hinton, CEO of PowerSecure, said, "We are extremely pleased with the uptake we are seeing from retailers investing in our EfficientLights technology. Our light continues to prove its quality and value, and we are excited to have been awarded these new opportunities. Our EfficientLights team is passionate about delivering technology that makes a real difference in the efficiency and look of our customers’ stores. We look forward to continuing to deliver a product that improves consumers’ shopping experience and generates a strong, green return on investment.”
About PowerSecure PowerSecure International, Inc. is a leading provider of Energy and Smart Grid Solutions to electric utilities, and their commercial, institutional, and industrial customers, as well as Energy Services to the oil and natural gas industry. PowerSecure’s Energy and Smart Grid Solutions businesses provide products and services in the areas of Interactive Distributed Generation®, Utility Infrastructure, and Energy Efficiency. The Company is a pioneer in developing Interactive Distributed Generation® systems with sophisticated, proactive smart grid capabilities, including the ability to 1) forecast peak electricity demand and electronically deploy the systems to deliver more efficient, and environmentally friendly power, 2) provide utilities with dedicated electric power generation assets for their demand response needs, and 3) provide customers with the most dependable standby power in the industry. PowerSecure also provides utilities with regulatory consulting, power system and transmission engineering and construction, and provides businesses with energy efficiency products and services, including its state-of-the art EfficientLights lighting solution for refrigerated cases. The Company provides Energy Services to the oil and natural gas industry through its Southern Flow and WaterSecure business units. Additional information is available at www.powersecure.com
|
|  |
 |
 |
 |
|
 |
|