This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

GridSense™, An Acorn Energy Company, Is Named A 2012 GoingGreen "Global 200 Top Company To Watch"

Stocks in this article: ACFN

SACRAMENTO, Calif., Nov. 20, 2012 /PRNewswire/ -- GridSense™, an Acorn Energy (NASDAQ: ACFN) company that develops and markets advanced monitoring solutions for the electric power industry, has been named by AlwaysOn one of its GoingGreen 200 Top Global Companies to Watch for 2012.   AlwaysOn is the premier source for the analysis and prediction of top trends and top companies in Greentech and other industries. Among the companies AlwaysOn highlighted prior to their breakouts include Google, Salesforce.com, Skype and Tesla. The GoingGreen Global 200 celebrates companies that "disrupt the established energy, manufacturing and technology worlds" and pioneer "new ways to deliver efficient products to a resource-hungry world."

(Logo: http://photos.prnewswire.com/prnh/20120426/NY96114LOGO )

(Logo: http://photos.prnewswire.com/prnh/20120504/NY01341LOGO )

By winning this award GridSense now becomes the second Acorn Energy Company to be honored with a GoingGreen Award by AlwaysOn. In 2009 CoaLogix was a GoingGreen award winner, and in 2010 CoaLogix was chosen by AlwaysOn as one of the GoingGreen East Winners.  Acorn successfully completed the sale of CoaLogix in 2011 for $101 million to Energy Capital Partners.

"We are honored to be recognized by GoingGreen," says GridSense CEO Lindon Shiao. "Our intelligent monitoring solutions for transformers and overhead lines are engineered to help utilities provide more reliable and efficient service, helping them maximize current resources and minimize the need for new generation facilities. It's great to be recognized for making progress in those areas."

The GridSense focus on optimization stems from the utility industry's dual challenges of increased efficiency mandates combined with minimal additional resource allocation.  Utilities must do more with what they have, including; adapt to the disruptive influence of renewables, minimize downtime, and meet increasingly stringent efficiency mandates.  GridSense monitoring solutions are designed to help utilities achieve these goals.   

The GoingGreen Global 200 Top Companies to Watch were selected by a panel of industry experts that included the AlwaysOn editorial team, as well as its venture capital and enterprise partners.

About GridSense Inc.GridSense is a smart grid technology company dedicated to providing innovative, practical and cost effective monitoring solutions to the electric power industry. Utilizing in-depth industry knowledge and understanding of utility requirements, we provide technology and services that help the industry address the limitations of old and aging infrastructure. We apply experience and technical know-how with new insight and ideas to create intelligent, reliable and leading edge technologies that add value to our customers and shape the future of the modern electrical power system.  For more information visit ( www.gridsense.com).

About Acorn Energy, Inc. Acorn Energy, Inc., the digital energy company is a holding company focused on making energy better by providing digital solutions for energy infrastructure asset management.  The four businesses in which it has controlling interests, improve the world's energy infrastructure by making it: more secure - providing security solutions for underwater energy infrastructure (DSIT); more reliable - providing condition-based monitoring to critical assets on the electric grid (GridSense, OmniMetrix) and more productive and efficient - increasing oil and gas production while lowering costs through use of permanent ultra-high sensitive seismic tools that allow for a more precise picture of reservoirs (US Seismic). For more information visit:  http://www.acornenergy.com.

Safe Harbor StatementThis press release includes forward-looking statements, which are subject to risks and uncertainties. There is no assurance that Acorn Energy, Inc. or its operating companies will continue to grow their respective businesses, or that any of them will meet the expectations or execute the initiatives described or referred to above. A complete discussion of the risks and uncertainties which may affect Acorn Energy's business generally and the businesses of its subsidiaries is included in "Risk Factors" in its most recent Annual Report on Form 10-K and its most recent 10-Q as filed by Acorn Energy with the Securities and Exchange Commission.

Contact: Leonce GaiterTel: 916.372.4945Email: l.gaiter@gridsense.com

 

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs