PowerSecure International, Inc. (Nasdaq: POWR) today announced its distributed generation team and PowerBlock ® power systems supported last night’s Presidential Debate at Lynn University in Boca Raton, Florida. PowerSecure installed its PowerBlock technology in 2010 at the venue for the debate, Lynn University’s Wold Performing Arts Center, and was prepared to deliver emergency power to the facility if needed. PowerSecure’s Monitoring team continuously watched conditions throughout the event, providing an added layer of protection to ensure the debate would proceed as planned if a power loss occurred.
PowerSecure’s PowerBlock at Lynn University is one of over 1,200 Interactive Distributed Generation (IDG ®) systems in PowerSecure’s fleet, installed at customer facilities across the country in partnership with utilities. PowerSecure’s systems are integral and critical to the operations of a wide range of facilities, including industrial and military facilities, hospitals, data centers, and retail and commercial operations. The Company’s systems are electronically monitored around the clock by its Monitoring Center, delivering backup power when needed -- protecting against losses and ensuring a safe operating environment.
Sidney Hinton, CEO of PowerSecure, said, "We are proud to support this important event. Our team was excited to have the opportunity to showcase our capabilities and technology. We were pleased to be able to provide Lynn University and the debate teams with the peace of mind that they were supported by the best systems and people in the industry.”
About PowerSecurePowerSecure 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, Distributed Generation, and Utility Infrastructure. The Company is a pioneer in developing Interactive Distributed Generation ® (IDG ®) power systems with sophisticated smart grid capabilities, including the ability to 1) forecast electricity demand and electronically deploy the systems to deliver more efficient, and environmentally friendly power at peak times, 2) provide utilities with firm capacity to utilize for demand response, and 3) provide customers with the most dependable standby power in the industry. Its proprietary distributed generation system designs utilize a range of technologies to deliver power, including renewables. The Company’s Energy Efficiency business develops efficient LED 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’s Utility Infrastructure team provides electric utilities with transmission and distribution infrastructure maintenance and construction services, and engineering and regulatory consulting services. Additional information is available at www.powersecure.com. All forward-looking statements contained in this release are made within the meaning of and pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are all statements other than statements of historical facts, including but not limited to statements concerning the Company’s outlook, prospects and expectations for revenues, net income, and E.P.S. results and growth generally; the anticipated results of the Company’s products, services, and technologies; and all other statements concerning the plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies of management, including statements about other future financial and non-financial items, performance or events and about present and future products, services, technologies and businesses; and statements of assumptions underlying the foregoing. Forward-looking statements are not guarantees of future performance or events and are subject to a number of known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed, projected or implied by such forward-looking statements. Important risks, uncertainties and other factors include, but are not limited to, those risks, uncertainties and other factors identified from time to time in the Company's most recent Annual Report on Form 10-K, as well as in subsequent filings with the Securities and Exchange Commission, including reports on Forms 10-Q and 8-K. Accordingly, there can be no assurance that the results expressed, projected or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof and are based on the current plans, goals, objectives, strategies, intentions, expectations and assumptions of, and the information currently available to, management. The Company assumes no duty or obligation to update or revise any forward-looking statements for any reason, whether as the result of changes in expectations, new information, future events, conditions or circumstances or otherwise.
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