PowerSecure International, Inc. (Nasdaq: POWR) today announced that the Company and its CEO, Sidney Hinton, were named Ernst & Young’s 2012 Entrepreneur of the Year Award winners for the Carolinas. Ernst & Young’s prestigious Entrepreneur of the Year program honors entrepreneurs, and the companies they lead, who demonstrate extraordinary success in the areas of innovation, financial performance, and commitment to their businesses and communities. Nominations and evaluations are performed by an independent panel of judges made up of regional business, academic, and community leaders. This honor qualifies the Company as a candidate for this year’s National Awards, which will be named in November, 2012.
Sidney Hinton, CEO of PowerSecure, said, "We are blessed with a fantastic group of people in our Company whose passionate service to our utility partners and customers is the foundation of our success. It is humbling for our Company to be honored, and we are thrilled to be considered a leader in the Carolinas’ vibrant, successful base of entrepreneurial companies. We accept this award with a strong sense of responsibility and stewardship to strive every day to serve our customers with excellence with products and services that deliver strong value, provide our employees with opportunities to grow personally and professionally, support our community, and grow the value of our Company for our shareholders.”
PowerSecure International, Inc. is a leading provider of Utility and Energy Technologies to electric utilities, and their industrial, institutional, and commercial customers. PowerSecure provides products and services in the areas of Energy Efficiency, Interactive Distributed Generation, and Utility Infrastructure. The Company is a pioneer in developing Interactive Distributed Generation
® power systems with sophisticated smart grid capabilities, and the ability to 1) forecast electricity demand and electronically deploy the systems to deliver more efficient, and environmentally friendly power at peak power times, 2) provide utilities with dedicated electric power generation capacity to utilize for demand response purposes, and 3) provide customers with the most dependable standby power in the industry – and incorporating cost-effective renewable technologies. The Company’s Energy Efficiency business develops energy efficient lighting technologies that improve the quality of light, including its proprietary EfficientLights
® LED lighting products for grocery, drug, and convenience stores, and its SecureLite and PowerLite street lights for utilities and municipalities. PowerSecure also provides electric utilities with transmission and distribution infrastructure maintenance and construction services, and engineering and regulatory consulting services. Additional information is available at