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PowerSecure International, Inc., formerly Metretek Technologies, Inc., begins trading today on the NASDAQ Global Select Market under the symbol "POWR." Tomorrow, August 23, 2007, Sidney Hinton, president and chief executive officer of PowerSecure International, will ring NASDAQ's opening bell. Today the company also effectively adopts the name of PowerSecure, Inc., its largest subsidiary, to reflect the fact that it is now predominantly a provider of Interactive Distributed Generation® systems to a large and growing market of commercial and industrial users of electricity. "Today's two events — the changing of the name of the company to PowerSecure International, and our listing on the NASDAQ Global Select Market — underscore our commitment to meeting the expectations of both our customers and our shareholders," said Hinton. "We are fortunate to compete in a dynamic and growing marketplace, where our distributed generation technologies are helping utilities and their customers find new and better ways to manage peak demand and load curtailment. In addition, we are developing new energy conservation initiatives that will impact both usage and cost.” About PowerSecure International: PowerSecure International, Inc. is a leading provider of energy management and conservation solutions to utilities and their commercial, institutional, and industrial customers. PowerSecure partners with utilities to design and install Interactive Distributed Generation® systems and services that manage load curtailment and peak demand conditions, enhance system reliability and provide customers with emergency power during outages. PowerSecure also provides utilities with legal and regulatory consulting, energy system engineering and construction, and energy conservation services.
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