EAST HANOVER, N.J., June 17 /PRNewswire-FirstCall/ -- Comverge, Inc. , a leading clean capacity provider through demand response and energy efficiency, announced today it has won the New Jersey Technology Council's (NJTC) "Deal of the Year" award for the successful Initial Public Offering (IPO) and two successful acquisitions in the same year.
The New Jersey Technology Council provides business support, networking opportunities, information, advocacy and recognition of technology companies and their leaders. Founded in 1996, NJTC's more than 1,300 member companies work together to support their own enterprises while advancing New Jersey's status as a leading technology center in the United States. By collectively representing New Jersey's various technology sectors and the institutions and service companies that support them, NJTC is an effective advocate of public policy that promotes economic growth in the state of New Jersey.
The award, presented June 13, was given to Michael Picchi, Comverge Executive Vice President and CFO, for the IPO and the acquisitions of Enerwise Global Technologies in July, 2007, and Public Energy Solutions in October, 2007.
"Comverge had a banner year in 2007, and our growth in the clean energy, demand response sector has been strong," said Picchi. "We are appreciative of the recognition."
About Comverge
Comverge 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 http://www.comverge.com/.
For Additional Information
Christina Kelly
Corporate Communications Manager
Comverge, Inc.
509-435-6341
