WAKE FOREST, N.C., Jan. 22, 2016 /PRNewswire/-- PowerSecure
International, Inc. (NYSE: POWR) today announced that the company
has, at the request of its utility partners, dispatched
approximately 200 electrical line crew members and
associated equipment, including engineers and damage
assessment teams, to assist with the restoration of electric
service following the severe winter storm moving through the
Eastern United States.
In addition, PowerSecure's Interactive Distributed
Generation® (IDG®) power systems are
designed to protect customers' critical facilities from
service interruptions, data loss, down time and product spoilage.
PowerSecure's IDG monitoring team has been in "storm mode" as this
storm approached, conducting additional system tests and topping
off fuel. They will continue to protect customers as the storm
potentially disrupts utility power in coming days.
"We stand ready to serve our utility customers in safely and
quickly restoring power following any outages from this powerful
winter storm," said Sidney Hinton,
chief executive officer of PowerSecure.
"In addition, our vital backup power solutions allow our
commercial and industrial customers to avoid significant business
losses and remain open to serve their communities during
disruptions to the power grid," Hinton added.
About PowerSecure
PowerSecure International, Inc. is a leading provider of utility
and energy technologies to electric utilities, and their
industrial, institutional and commercial customers.
PowerSecure provides products and services in the areas of
Interactive Distributed Generation® (IDG®),
solar energy, energy efficiency and utility
infrastructure.
The company is a pioneer in developing IDG® power
systems with sophisticated smart grid capabilities, including the
ability to 1) forecast electricity demand and electronically deploy
the systems to deliver more efficient, and environmentally
friendly, power at peak power times, 2) provide utilities with
dedicated electric power generation capacity to utilize for demand
response purposes and 3) provide customers with the most dependable
standby power in the industry. Its proprietary distributed
generation system designs utilize a range of technologies to
deliver power, including renewables.
The company's energy efficiency products and services include
energy efficient lighting solutions that utilize LED technologies
to improve lighting quality, and the design, installation and
maintenance of energy conservation measures which we offer,
primarily as a subcontractor, to large energy service company
providers, called ESCOs, for the benefit of commercial, industrial
and institutional customers as end users and directly to
retailers.
PowerSecure also provides electric utilities with transmission
and distribution infrastructure maintenance and construction
services, and engineering and regulatory consulting services.
Additional information is available at www.powersecure.com.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are all statements other than statements
of historical facts, including but not limited to statements
relating to its ability to serve its customers during storms, the
reliability of its IDG systems and all other statements concerning
the plans, intentions, expectations, projections, hopes, beliefs,
objectives, goals and strategies of management, including
statements about other future financial and non-financial items,
performance or events and about present and future products,
services, technologies and businesses; and statements of
assumptions underlying the foregoing.
Forward-looking statements are not guarantees of future
performance or events and are subject to a number of known and
unknown risks, uncertainties and other factors that are difficult
to predict and could cause actual results to differ materially from
those expressed, projected or implied by such forward-looking
statements. Important risks, uncertainties and other factors
include, but are not limited to, the reliability of the Company's
IDG systems and other risks, uncertainties and other factors
identified from time to time in its reports filed with or furnished
to the Securities and Exchange Commission, including the company's
most recent Annual Report on Form 10-K, as well as subsequently
filed reports on Form 10-Q and Form 8-K, copies of which may be
obtained by visiting the investor relations page of the company's
website at www.powersecure.com or the SEC's website at
www.sec.gov.
Accordingly, there is no assurance that the results
expressed, projected or implied by any forward-looking statements
will be achieved, and readers are cautioned not to place undue
reliance on any forward-looking statements. The forward-looking
statements in this press release speak only as of the date hereof
and are based on the current plans, goals, objectives, strategies,
intentions, expectations and assumptions of, and the information
currently available to, management. The company assumes no duty or
obligation to update or revise any forward-looking statements for
any reason, whether as the result of changes in expectations, new
information, future events, conditions or circumstances or
otherwise.
Contact:
John Bluth
PowerSecure International, Inc.
(919) 453-2103
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/powersecure-deploys-approximately-200-electrical-line-crew-members-and-readies-backup-power-for-customers-as-snow-and-ice-storm-hits-eastern-united-states-300208343.html
SOURCE PowerSecure International, Inc.
