Comverge Honored As One Of New Jersey's Fastest Growing Companies Of 2009
Comverge Makes NJBIZ's Fast Fifty List for Third Year in a Row
EAST HANOVER, N.J., November 20, 2009 Comverge Inc. (Nasdaq: COMV), announced today that it has been recognized by NJBIZ magazine as the seventh fastest growing company in New Jersey. Comverge received the honor at the New Jersey's Fifty Fastest Growing Companies award ceremony held at The Palace in Somerset Park on Monday, November 16, 2009. Nominees were ranked according to revenue growth over the four-year period of 2005-2008.
"We're pleased to be honored in our home state as one of the fastest growing companies for the third straight year," said Michael D. Picchi, Comverge Interim President and CEO. "This distinction is an accomplishment for a growing company like Comverge and is recognition of the contributions we're making in the communities where we live and work. In spite of the current business climate and with the Obama administration's renewed commitment to clean energy, we anticipate the continued growth of our company here at home and throughout the country."
The New Jersey's Finest Fifty Fastest Growing Companies event is a program of NJBIZ and is presented by Rothstein Kass. Major sponsors of this event are Lowenstein Sandler PC, PNC Bank, Extensis and CIGNA.
Comverge, with over 3,300 megawatts of clean energy capacity under management, is a leading provider of clean energy solutions that improve grid reliability and supply electric capacity on a more cost effective basis than conventional alternatives by reducing base load and peak load energy consumption. For more information, visit www.comverge.com.