Posted: Aug 26, 2008

Prenova's 2008 Growth Continues to Exceed Expectations

ATLANTA, GA - August 26, 2008 - Prenova’s Q2 YTD growth in 2008 has been the best in the company’s history. With energy prices continuing to escalate, and the increasing interest in sustainable energy solutions to reduce carbon footprints, Prenova’s suite of enterprise energy management solutions is extremely well positioned to take advantage of the energy challenges faced by its customers.

"We are excited about the value that our technology-enabled solutions drive for both our customers and the environment,” said Michael Nark, President and CEO of Prenova. "Last year alone, we drove close to 1 billion in kWh savings for our customer base, and we are on track to exceed that substantially in 2008. Due to our integrated demand and supply solutions, Prenova is in a unique situation to drive down energy spend to an optimal level: we are the only provider that can balance demand and consumption reductions against supply pricing options to ensure that both sides of the energy bill are working together to minimize utility spend.”

Some of the company’s growth highlights include the following:

• Increase in customer base of over 46%
• Increase in number of sites actively controlled for energy usage by almost 70%
• Increase in booked revenue of over 69%
• Increase in number of employees by 12%