Comverge, Inc. Named as One of Top Ten Eco-Friendly Companies by Newsweek Magazine
East Hanover, NJ - November 15, 2005: Comverge, Inc., a leading energy intelligence company, was named one of Newsweek Magazine's top ten eco-friendly companies in North America. Featured in Newsweek in its November 21st issue, and on its web site at http://www.msnbc.msn.com/id/10020271/site/newsweek/page/10/ , Comverge solutions are showcased as providing the leading technology used by electric utilities to manage peak periods of energy use through demand and price response solutions that enable informative energy management to electric utilities and promote conservation by their end-use customers.
Robert Chiste, Chairman and CEO of Comverge stated, "Comverge is pleased to be recognized by Newsweek for its innovative Eco-Friendly solutions. A special recognition goes to our outstanding customer, Gulf Power, who has demonstrated the leadership role in price responsive systems in the United States. As a leader in the demand response market for electric utilities, Comverge is always pleased to be recognized for its technology; and will always work to provide maximum value to our shareholders, customers, and employees through our commitment to our three core competencies of quality, customer intimacy, and innovation, highlighted by the products and relationships showcased in this article."
About Comverge, Inc.
Comverge, Inc., The Power in Power TechnologyTM, is a leading energy intelligence company recently recognized as one of Red Herring's Top 100 Private Companies in North America for 2005. Comverge's investors include Nth Power, EnerTech Capital, Data Systems & Software, Inc. (OTCBB: 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
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