EVANSVILLE, Ind., Feb. 7 /PRNewswire/ -- Energy Systems Group (ESG), a wholly-owned subsidiary of Vectren Corporation (Vectren; NYSE: VVC), was chosen by Frost & Sullivan as its 2005 recipient of the award for brand development strategy leadership.
This annual award is presented to the company that has demonstrated excellence in brand development within the industry. The award recognizes the company's ability to best perceive consumer needs and develop marketing strategies that elevate the brand's quality, style and image to create an overall value perception.
As a premier energy services and performance contracting firm, ESG has demonstrated substantial growth and clout within its industry and has been consistently named by market participants as an up-and-coming competitor. ESG boasts more than $600 million in successful projects and more than 200 satisfied client partners throughout the nation. Furthermore, ESG's recognition amongst its peers and consumers for its core fundamentals of delivering innovative, self-funding solutions that increase comfort and productivity and reduce operating costs for its clients have led to the company's success as market leader in growth and brand development.
"Delighting clients has been a key component of our mission at ESG since day one," said ESG President Jim Adams. "To be recognized nationally for our commitment to growth and customer service is wonderful and is also a testament to the performance and professionalism of our employees."
The Award is presented to the company that ranks number one in the industry based on excellence in one or more of the following criteria:
* Improved market penetration and market share growth in existing market segments
* Development of unique brand strategies
* Competitor recognition and value of brand
* Participation in industry trade groups with goal of expanding market potential
* Establishment of programs that allow its customers to grow, thereby improving its own performance
* Increases in customer loyalty
Frost & Sullivan, a global growth consulting company, serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.
About ESG
ESG is an award-winning energy solutions and performance contracting company providing innovative and self-funding solutions improving the efficiency, operation and finances of school, university, healthcare, government, and business facility owners. ESG delivers these improvements from offices in Evansville, Indianapolis, Chicago, Atlanta, Johnson City, Raleigh, Nashville, Clearwater, St. Louis, Louisville and Richmond. To learn more about ESG, visit our web site at http://www.energysystemsgroup.com/ . ESG is a wholly owned subsidiary of Vectren Corporation.
About Vectren
Vectren Corporation is an energy and applied technology holding company headquartered in Evansville, Indiana. Vectren's energy delivery subsidiaries provide gas and/or electricity to over one million customers in adjoining service territories that cover nearly two-thirds of Indiana and west central Ohio. Vectren's non-regulated subsidiaries and affiliates currently offer energy-related products and services to customers throughout the Midwest and Southeast. These include gas marketing and related services; coal production and sales; and utility infrastructure services. To learn more about Vectren, visit http://www.vectren.com/ .
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