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Comverge, Inc. Named one of 200 Finalists for Red Herring 100
Annual Red Herring 100 to be awarded at the Red Herring Spring conference
BELMONT, CA, April 12, 2005 – Today Red Herring announced that Comverge, Inc. has been named one of the two hundred Finalists for the Red Herring 100 Private Companies of North America award program. Over nine hundred nominations were submitted for consideration. The Red Herring 100 Winners will be unveiled at the Red Herring Spring 2005 conference, May 17-19, 2005 in Monterey, CA. Dedicated to celebrating the most exciting private North American companies, the three-day conference will feature keynote speeches, lively dialogue, and company presentations by the CEOs of the Red Herring 100.
"There were many strong candidates for the Red Herring 100 list this year, so making it onto the list is quite an achievement," said Joel Dreyfuss, Editor-in-chief of Red Herring. "In the post-bubble era, North American technology companies have focused on making sure management is strong and that the business model makes sense."
 Robert Chiste, CEO of Comverge, added, "Comverge is highly focused on business models and industry practice that build a strong and viable enterprise for our shareholders. We are doing so though the establishment of core corporate values, a strong financial position, and innovative products, technology and services. We will certainly continue to grow and build an enterprise fostering innovation for our electric utility customer base for a long and prosperous future. We thank Red Herring for recognizing our efforts to date."
The two hundred Finalists will be evaluated to determine the Red Herring 100 that embody innovation, technology, and strategy. The Red Herring editorial team has completed a thorough analysis of business model, competitive advantage, alliances, customers, and technology for each company.
Companies selected to the Red Herring 100 award program will present their business model and technology at the Red Herring Spring 2005 conference. The awards ceremony will take place during the Welcome Dinner on May 17th. The three-day intimate event is themed "The Dynamics of Disruptions" and will shine its light on the business of technology, featuring keynotes and roundtable discussions. A complete overview and agenda can be found at http://www.redherring.com/rhspring05. Red Herring Spring conference is an invitation-only gathering for CEOs, venture capitalists, and select senior executives. To request an invitation, please contact Sean Raman at 650.428.2900 or via email at sraman@redherring.com.
About Comverge, Inc.
Comverge, Inc., The Power in Power TechnologyTM, is a leading energy intelligence company whose
investors include Nth Power, EnerTech Capital, Data Systems & Software, Inc. (NASDAQ: DSSI), E.ON
Venture Partners GmbH (NYSE: EON), Ridgewood Capital, Easton Hunt Capital Partners, L.P., Norsk
Hydro Technology Ventures (NYSE: NHY), Rockport Capital Partners, and Shell Internet Ventures, an
affiliate of the Royal Dutch/Shell Group of Companies (NYSE: RD). Comverge is represented across the
world with offices and research facilities in Atlanta, Georgia; East Hanover, NJ; Newark, California;
Pensacola, Florida; and Tel Aviv, Israel. Providing software and system solutions to over 500 clients in the
electric utility industry, Comverge implements both integrated and outsourced solution based models for
remote meter reading, distributed generation monitoring, and time-of-use billing and demand response,
and direct or voluntary load control initiatives. For more information visit www.comverge.com.
Media Contact
At Comverge, Bud Vos, Vice President of Marketing, 973.884.5970, bvos@comverge.com
About Red Herring
Red Herring covers technology innovation, venture financing, and the deals that make a difference. Its award-winning journalists go deeper, providing a comprehensive, critical analysis of what's new and why it matters. Red Herring covers the business trends with insight that counts, serving today's entrepreneurs and the technology of tomorrow. Head to www.RedHerring.com for articles, newsletters, and research reports that matter. To subscribe to the Red Herring Magazine call 866.311.9582 or email redherring@neodata.com.
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