Contact:  Kathy Montgomery, VP of Marketing & Strategic Design
678.581.8225 or kmontgomery@prenova.com

ATLANTA, October 16, 2007 - Prenova today announced that its Board of Directors has named Michael Nark as the Company’s President and Chief Executive Officer effective October 15, 2007. Mr. Nark succeeds Ed Smith who has served as CEO since 2003. Prior to joining Prenova, Mr. Nark was President and CEO of GEOCOMtms, a privately-held fleet management services provider to the oil and gas marketplace. He is extremely familiar with the energy industry as he served as Executive Director of sales operations for Honeywell International. “We are extremely pleased to have Michael join Prenova as our new CEO. His strong entrepreneurial skills and familiarity with the energy market make him the perfect person to lead us to the next level of growth,” said Tom Carlin, Chairman of Prenova’s Board of Directors. “He has a keen understanding of how our solutions can reduce our customers’ energy-related spending, and how we can best bring these solutions to market.”

About Prenova

Founded in 1997 and headquartered in Marietta, GA, Prenova’s clean energy management solutions deliver economical, reliable, environmentally friendly energy to match our customers’ needs. Prenova’s unique delivery platform enables the company to leverage existing assets to produce immediate, enhanced investment returns through reductions in both direct (price, tariff, utility payments) and indirect (usage, assets, maintenance) energy costs. The result is an unrivaled level of hard dollar savings plus a sustained reduction in energy consumption and carbon gas emissions, all while improving the reliability of business operations.

Prenova is a premier energy conservator - our solutions maximize energy efficiencies in our customers’ operations. We link our customers’ facilities together with our technology and service solutions enabling customers to do more with less – the ultimate in conservation efforts. Prenova’s focus on optimizing assets and equipment yields a high impact outcome: significant reduction of energy costs, increased reliability of energy-related systems critical to business operations, and a dramatic reduction in harmful emissions. We drive asset efficiency to revolutionize energy conservation.

The value that Prenova creates for its customers is significant to their bottom line, and includes:

• Reduce energy consumption by 10-20%
• Reduce the price paid for energy by 2%-5%
• Reduce unplanned maintenance service call-outs by up to 70%
• Increase asset life by up to 30%

Prenova manages billions in annual energy expenditures across hundreds of thousands of customer locations across North America.  Some organizations that rely on Prenova include Brinker, Coldwater Creek, Costco, Crate & Barrel, Dollar Tree, Dunham’s Sports, Eddie Bauer, Famous Footwear, Home Depot, Mark’s Work Wearhouse, Quiznos, Seneca Foods, 24 Hour Fitness, U.S. Cellular and West Marine.

For more information, please visit www.prenova.com.