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http://www.energyconnectinc.com
October 05, 2010 08:00 AM Eastern Daylight Time 

EnergyConnect Group, Inc. Named Platts 2010 Global Energy Award Finalist

GridConnect Integrated Demand Response Platform Nominated as Commercial Technology of the Year

SAN JOSE, Calif.--(BUSINESS WIRE)--EnergyConnect Group, Inc. (OTCBB:ECNG), a leading provider of smart grid demand response services and technologies, announced that its GridConnect™ software as a service has been nominated in the “Leading Technologies: Commercial Technology of the Year” category for the Platts 2010 Global Energy Awards.

“Since we launched GridConnect in August, our customers are realizing the benefits of a unified, easy to use, single-vendor platform for demand response participation. We believe our innovative technology will open up further growth opportunities as the economic markets continue to evolve.”

“The Platts Awards clearly recognize technical excellence and achievement, and we are honored to be nominated this year,” said Kevin Evans, EnergyConnect’s president and CEO. “Since we launched GridConnect in August, our customers are realizing the benefits of a unified, easy to use, single-vendor platform for demand response participation. We believe our innovative technology will open up further growth opportunities as the economic markets continue to evolve.”

Finalists at the international Platts Awards are selected by an elite judging panel representing world governments, regulatory agencies, corporations and academia. Entries are evaluated based on criteria such as strategic vision, innovation, commercial viability and leadership. EnergyConnect was chosen as a 2010 finalist from a list of well over 200 nominations from more than 30 countries, and included technologies focused on renewable energy, carbon capture and storage, smart grid or smart metering systems, energy storage devices, advanced propulsion systems and electric/hybrid transport. More information can be found at http://geaweb.platts.com

Forward-Looking Statements

This press release includes statements that may constitute “forward-looking” statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause or contribute to such differences that include, but are not limited to, competitive factors, the success of new products in the marketplace, dependence upon third party vendors, and the ability to obtain financing. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

About EnergyConnect

EnergyConnect delivers industry leading Demand Response technologies and services to commercial, institutional and industrial consumers enabling them to manage their use of electricity in response to market prices or regional power shortages. EnergyConnect’s GridConnect technology platform provides a scalable, cost-effective, clean technology to enhance the grid’s efficiency and reliability. For more information about this leading edge technology or about investor relations, visit: http://www.energyconnectinc.com.

Contacts

EnergyConnect, Inc.
Rich Quattrini, 408-340-7940
rquattrini@energyconnectinc.com

http://www.energyconnectinc.com

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