BARRE, Vt., March 21 /PRNewswire-FirstCall/ -- Distributed Energy Systems Corp. today announced that the report of the Company's independent registered public accounting firm regarding the Company's 2007 financial statement contained an explanatory paragraph regarding the Company's ability to continue as a going concern. NASDAQ Marketplace Rules require NASDAQ-traded companies to publicly announce if their Annual Report on Form 10-K includes an audit report containing a going concern explanatory paragraph. For further information, please refer to the Company's Annual Report on Form 10-K filed on March 17, 2008.
About Distributed Energy Systems Corp.
Distributed Energy Systems Corp. creates and delivers wind and hydrogen power solutions to a decentralized energy marketplace, giving users greater control over their energy cost, quality, and reliability. For more information, visit http://www.distributed-energy.com/.
This press release contains forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Statements contained herein that are not statements of historical fact may be deemed to be forward-looking information. Without limiting the foregoing, words such as "anticipates," "believes," "could," "expect," "intend," "may," "might," "should," "will," and "would" and other forms of these words or similar words are intended to identify forward-looking information. Distributed Energy's actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors. Distributed Energy disclaims any obligation to update these forward-looking statements. Factors that could cause results to differ materially from those contained in Distributed Energy's forward-looking statements include, but are not limited to, our failure to perform contracts for customers profitably, or complete development of our products, the failure of our products to achieve commercial acceptance, our inability to expand our production facilities, manufacture our products at commercially acceptable costs or establish distribution relationships, the impact of competitive products, and other factors detailed in Distributed Energy's Form 10-K for the year ended December 31, 2007, and other filings Distributed Energy may make from time to time with the SEC.
Distributed Energy Systems Corp. 10 Technology Drive Wallingford, CT 06492
