Crius Energy Expands, Moves to New Office Space

Company Chooses “Green” Office Space in Stamford

STAMFORD, Conn.--()--Crius Energy today announced it has moved into new offices in Stamford, Connecticut. The result of strong, ongoing growth, the company’s new 23,000 square foot, energy certified workspace, will accommodate Crius Energy’s 110 Stamford-based corporate employees including conference and training rooms designed to support Crius’ growing family of brands.

“We’ve developed a growth platform that has proved powerful in the retail energy industry,” said Michael Fallquist, CEO of Crius Energy. “We established Crius Energy to house our family of energy brands that began with our flagship, Viridian, and then expanded to include several entities that are marketed through well-rooted, publicly traded telecom companies that include retail energy into their bundled offerings. All Crius brands have demonstrated significant potential as engines for further growth. The new offices in Stamford will facilitate that growth and support further expansion moving forward.”

The new offices employ state of the art energy certified materials and appliances, in keeping with the company’s values of being socially and environmentally responsible and include a Wall of Fame to showcase and highlight the hard work of those who have significantly contributed to the strength and success of the company. In addition, the building showcases an eco-wall, which underscores the company’s continued commitment to improving the environment through sustainability.

The large conference and training rooms will support and continually strengthen each brand in the Crius family of brands. These rooms will allow for hands-on training from corporate leaders and other industry professionals, as Crius looks to add value to the individuals and organizations with a stake in their success.

With a customer base of 400,000 and growing, this new move will allow Crius to continue its current trajectory of growth as it transforms the retail energy industry while bringing best-in-class service to its customers.

For more information about Crius Energy, and for details about its family of energy brands, visit http://www.criusenergy.com.

About Crius Energy LLC

Crius Energy LLC is one of the largest independent energy retailers operating in the United States, with approximately 515,000 residential customer equivalents. The Company serves residential and small to medium-size commercial customers in the United States and markets its products through a variety of sales channels and brand names. The Company currently sells electricity in 12 states and the District of Columbia and natural gas in four states.

Forward Looking Statements

This press release may contain certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to the Crius Energy as of the date hereof. Forward-looking statements include statements regarding Crius Energy's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. These statements speak only as of the date of this press release and Crius Energy does not assume any obligation to update or revise them to reflect new events or circumstances.

Contacts

Coltrin & Associates, for Viridian Energy
Jennifer Webb, 212-221-1616
Jennifer_Webb@Coltrin.com

Release Summary

Crius Energy today announced it has moved into new offices in Stamford, Connecticut.

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Contacts

Coltrin & Associates, for Viridian Energy
Jennifer Webb, 212-221-1616
Jennifer_Webb@Coltrin.com