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2010 News

Webcast ImageWebcast
PowerSecure International, Inc. at Three Part Advisors, LLC Midwest IDEAS Investor Conference (Replay)
08/31/10 at 10:00 a.m. CT
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2010 | 2009 | 2008 | 2007 | 2006
DateTitle 
09/02/10PowerSecure Stands Ready to Deploy Backup Power for Customers and Utilities as Hurricane Earl Approaches
WAKE FOREST, N.C., Sep 02, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today reported its Smart Grid Monitoring team, and fleet of Interactive Distributed Generation(R) (IDG(R)) standby power systems, are fully prepared to provide backup power for customers and utilities as Hurricane Earl approaches the East Coast. PowerSecure's IDG(R) Smart Grid Monitoring team has been in "storm mode" throughout the week, and its fleet of s... 
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08/26/10PowerSecure to Participate in the Midwest IDEAS Investor Conference
WAKE FOREST, N.C., Aug 26, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) will present at the Midwest IDEAS Investor Conference on Tuesday, August 31, 2010 at 10:00 a.m. central time, 11:00 a.m. eastern time at the University of Chicago Booth School of Business Gleacher Center, 450 North Cityfront Plaza Drive, Chicago, IL. The presentation will include a discussion of the Company's business operations, financial results, strategic in... 
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08/09/10PowerSecure to Participate in the Canaccord Genuity Global Growth Conference
WAKE FOREST, N.C., Aug 09, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) will present at the Canaccord Genuity Global Growth Conference on Thursday, August 12, 2010 at 8:00 a.m. eastern time, at the InterContinental Boston Hotel, 510 Atlantic Avenue, Boston, MA. The presentation will include a discussion of the Company's business operations, financial results, strategic initiatives and prospects for the future. The slide presentatio... 
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08/05/10PowerSecure Reports Second Quarter Results
Revenue Increases 37% with Growth Across All Business Areas, E.P.S. Increases 75% WAKE FOREST, N.C., Aug 05, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today reported strong revenue and profit results for its second quarter of 2010. Second quarter revenues were $34.3 million, increasing 36.5% compared to $25.1 million in the second quarter of 2009, and diluted earnings per share ("E.P.S.") were $0.07, increasing 75% compared t... 
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08/02/10PowerSecure Announces $10 Million of New Business Awards
WAKE FOREST, N.C., Aug 02, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced it has been awarded $10 million of new orders for its Interactive Distributed Generation(R) smart grid power systems (IDG(R) systems), and utility infrastructure projects. The new business includes a recurring revenue contract with a major U.S. retailer to deploy an initial group of IDG systems to deliver energy efficiencies and provide ... 
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07/22/10PowerSecure Announces Schedule for its Second Quarter 2010 Earnings Release and Conference Call
WAKE FOREST, N.C., Jul 22, 2010 (BUSINESS WIRE) -- PowerSecure International, Inc. (Nasdaq: POWR) has scheduled its second quarter 2010 earnings release and conference call for Thursday, August 5, 2010, after the market close. The Company will issue its second quarter 2010 earnings release at approximately 4:15 p.m. eastern time, and will hold its earnings conference call from 5:30-6:30 p.m. eastern time. The conference call will be webcast live and can be accessed from the Investor Relati... 
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07/13/10PowerSecure and Schneider Electric Partner to Bring Smart Grid Solutions to Hospitals
WAKE FOREST, N.C., Jul 13, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced it has established a partnership with Schneider Electric, the global specialist in energy management, to bring its Interactive Distributed Generation(R) smart grid power systems to hospitals. Under the terms of this new partnership, Schneider Electric will offer hospitals across North America PowerSecure's Interactive Distributed Generation... 
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06/22/10PowerSecure and CEO Sidney Hinton Named Clean Tech Finalist at Ernst & Young's 2010 Entrepreneur of the Year Awards for the Carolinas
WAKE FOREST, N.C., Jun 22, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced that the Company and its CEO, Sidney Hinton, were honored at Ernst & Young's 2010 Entrepreneur of the Year Awards for the Carolinas as finalists in the Clean Tech category. The other two finalists in the Clean Tech category included Carlos Gutierrez, CEO of United Resource Recovery Corporation, and Chuck Swoboda, CEO of Cree, Inc., who was t... 
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05/25/10PowerSecure Announces $30 Million Award to Provide a Major U.S. Utility with Infrastructure Upgrades
WAKE FOREST, N.C., May 25, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced its Utility Services unit has been selected by a major U.S. utility to provide a total of approximately $30 million of infrastructure services over the next three years. PowerSecure's Utility Services team will assist the utility with its plan to upgrade its distribution infrastructure to improve its efficiency and durability. This new award ... 
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05/17/10PowerSecure Unveils New LED Area Light for Utilities and Receives First Order
WAKE FOREST, N.C., May 17, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced that it has unveiled a new LED based area light for utilities, and has already received its first order. The new light is used to illuminate streets, sidewalks, and other infrastructure served and owned by utilities and municipalities. The new light includes a breakthrough design that reduces energy consumption by two-thirds, reduces maintenance... 
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05/12/10PowerSecure to Participate in the Rodman & Renshaw Global Investment Conference
WAKE FOREST, N.C., May 12, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) will present at the Rodman & Renshaw Global Investment Conference on Monday, May 17, 2010 at 12:45 p.m. BST, 7:45 a.m. EDT, at the Grosvenor House Hotel, Park Lane, London, UK. The presentation will include a discussion of the Company's business operations, financial results, strategic initiatives and prospects for the future. The slide presentation and a l... 
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05/10/10EfficientLights Introduces New LED Lighting Products for Retailers' Walk-in Freezer/Coolers and Open Refrigerated Shelves
WAKE FOREST, N.C., May 10, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced its EfficientLights business has introduced two new LED lighting products to improve the energy efficiency and quality of light in grocery, drug, and convenience stores. These products include a new light for retailers' walk-in freezer/coolers and a new light for open refrigerated shelves. These products broaden the Company's in-store LED lighti... 
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05/10/10PowerSecure to Participate in the JMP Securities Research Conference
WAKE FOREST, N.C., May 10, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) will present at the JMP Securities Research Conference on Tuesday, May 11, 2010 at 11:00 a.m. pacific time, 2:00 p.m. eastern time, at The Ritz-Carlton, 600 Stockton Street, San Francisco, CA. The presentation will include a discussion of the Company's business operations, financial results, strategic initiatives and prospects for the future. The slide presenta... 
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05/06/10PowerSecure Announces $15 Million of New Awards for Interactive Distributed Generation Systems and Utility Infrastructure Projects
WAKE FOREST, N.C., May 06, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced it has been awarded $15 million of new orders for Interactive Distributed Generation(R) (IDG(R)) smart grid power systems and utility infrastructure projects. The IDG systems will be deployed in partnership with utilities to support manufacturers, hospitals, and municipal facilities across the country, including large installations in Co... 
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05/06/10PowerSecure Files Shelf Registration Statements to Facilitate LED Lighting Business Investments and Provide Flexibility to Finance Future Growth Opportunities
WAKE FOREST, N.C., May 06, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced it has filed shelf registration statements on Forms S-3 and S-4 with the U.S. Securities and Exchange Commission. The Form S-3 registration statement was filed to facilitate the resale of up to 1,025,641 common shares of the Company's stock that were issued in conjunction with its purchase of the remaining one-third interest in its EfficientLigh... 
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05/06/10PowerSecure Reports First Quarter Results
Company Posts Strong First Quarter E.P.S. of $0.07, Driven by a 25% Increase in Revenue and a 63% Increase in Gross Margin WAKE FOREST, N.C., May 06, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today reported strong revenue and profit results for its first quarter of 2010. First quarter revenues were $24.7 million, increasing 25.1% compared to $19.7 million in the first quarter of 2009, and diluted earnings per share ("E.P.S.") ... 
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04/26/10PowerSecure Announces Schedule for its First Quarter 2010 Earnings Release and Conference Call
WAKE FOREST, N.C., Apr 26, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) has scheduled its first quarter 2010 earnings release and conference call for Thursday, May 6, 2010, after the market close. The Company will issue its first quarter 2010 earnings release at approximately 4:15 p.m. eastern time, and will hold its earnings conference call from 5:30-6:30 p.m. eastern time. The conference call will be webcast live and can be accessed f... 
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04/15/10PowerSecure Adds Over Sixty Employees in First Four Months of 2010 to Support Growth
WAKE FOREST, N.C., Apr 15, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced that it has added over sixty employees so far in the first four months of 2010 to support its growth. The increase in PowerSecure's staff includes additions to its Interactive Distributed Generation, Utility Services, and EfficientLights LED lighting businesses. These significant hiring needs are driven by the positive growth trends these busine... 
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04/06/10PowerSecure Expands LED Lighting Business
Company Acquires Innovative LED Lighting Company to Accelerate Development and Expansion of Product Line WAKE FOREST, N.C., Apr 06, 2010 (BUSINESS WIRE) --PowerSecure International, Inc. (Nasdaq: POWR) today announced that it has launched an expansion of its LED lighting business through the acquisition of a majority interest in a leading LED lighting development company, Innovative Electronic Solutions Lighting, LLC ("IES"). The acquisition of IES sign... 
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03/12/10PowerSecure to Participate in the Roth OC Growth Stock Conference
WAKE FOREST, N.C., Mar 12, 2010 (BUSINESS WIRE) -- PowerSecure International, Inc. (Nasdaq: POWR) will present at the Roth OC Growth Stock Conference on Tuesday, March 16, 2010 at 3:00 p.m. pacific time, 6:00 p.m. eastern time, at The Ritz-Carlton, Laguna Niguel in Dana Point, CA. The presentation will include a discussion of the Company's business operations, financial results, strategic initiatives and prospects for the future. The slide presentation and... 
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03/11/10PowerSecure Reports Fourth Quarter Results
Revenues Up 14%, Record Gross Margin Up 3 Percentage Points, and E.P.S. Up 80% over Prior YearWAKE FOREST, N.C., Mar 11, 2010 (BUSINESS WIRE) -- PowerSecure International, Inc. (Nasdaq: POWR) today reported strong revenue and profit results for its fourth quarter of 2009. Fourth quarter revenues were $30.0 million, increasing 13.7% compared to the fourth quarter of 2008, and diluted earnings per share ("E.P.S.") were $0.09, increasing 80.0% compared to the fourth ... 
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02/25/10PowerSecure Expects Updated Revenue Backlog Will Exceed $115 Million
Company Awarded $5 Million of New Orders in FebruaryWAKE FOREST, N.C., Feb 25, 2010 (BUSINESS WIRE) -- PowerSecure International, Inc. (Nasdaq: POWR) today said that it expects its revenue backlog will exceed $115 million when it provides its regular backlog update in conjunction with the Company's fourth quarter earnings results, which will be issued on March 11, 2010. This compares favorably to the revenue backlog of $90 million the Company reported with... 
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02/10/10PowerSecure Announces Schedule for its Fourth Quarter 2009 Earnings Release and Conference Call
WAKE FOREST, N.C., Feb 10, 2010 (BUSINESS WIRE) -- PowerSecure International, Inc. (Nasdaq: POWR) has scheduled its fourth quarter 2009 earnings release and conference call for Thursday, March 11, 2010, after the market close. The Company will issue its fourth quarter 2009 earnings release at approximately 4:15 p.m. eastern time, and will hold its earnings conference call from 5:30-6:30 p.m. eastern time. The conference call will be webcast live and can b... 
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01/25/10PowerSecure Announces Strong Start to 2010 Sales
Company Kicks off 2010 with $35 Million of New Awards for Distributed Generation Systems and EfficientLights TechnologyWAKE FOREST, N.C., Jan 25, 2010 (BUSINESS WIRE) -- PowerSecure International, Inc. (Nasdaq: POWR) today announced a strong start to 2010 sales, with new business awards in late December and early January totaling approximately $35 million. This new business includes $15 million of contracts to install its smart grid Interactive Distributed Generation(R) power systems at hospital... 
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01/12/10PowerSecure Supports Utilities and Businesses Across the Country with Power during Cold Snap
PowerSecure's Distributed Generation Systems Operating Daily to Bolster the Supply of Electricity and Provide Emergency PowerWAKE FOREST, N.C., Jan 12, 2010 (BUSINESS WIRE) -- PowerSecure International, Inc. (Nasdaq: POWR) today announced that its distributed generation systems have been in daily operation to support utilities and businesses across the country with power during the cold snap that is gripping the nation. Since the cold snap began on January 1, PowerSecure has placed over 600 dist... 
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