ELK GROVE VILLAGE, Ill., Jan. 25, 2011 (GLOBE NEWSWIRE) -- Lime Energy (Nasdaq:LIME), a national leader in design and implementation of energy efficiency solutions, has joined GE Lighting's Energy Services Program. The Program involves a consortium of energy services consulting firms who work closely with GE to help commercial and industrial firms formulate strategies to optimize the financial and environmental returns available from improvements in building energy efficiency.
"Our alliance with a design and implementation firm such as Lime Energy bolsters the consulting we're doing through GE's engineering and specification teams," says Lou Mane, managing director of the GE Energy Services Program. "In nearly every instance, our shared objective is to develop a path that helps commercial and industrial enterprises do the cost-of-light payback and return-on-investment calculations needed for immediate and longer-term energy efficiency and the financial benefits that can result."
Through its affiliation with GE, Lime Energy will also help companies identify available rebates, financing and government incentives.
"This is a strategic offering for CEOs, CFOs or anyone concerned with an organization's operational efficiency," says Dan Parke, President of Lime Energy. "We are set up to move swiftly from initial inspection to developing a business case and proposing a solution. This ability to quickly assess the opportunity for savings and develop a proposed solution is particularly important to businesses because the financial returns can often be significant."
Businesses can learn more by contacting Lime Energy at (909) 394-0230, visiting www.lime-energy.com, or writing to ESCOsolutions@GE.com.
About Lime Energy
Lime Energy is a leading provider of energy efficiency solutions. Our services include integrated energy engineering, consulting and implementation of solutions which enable our customers to reduce their facilities' energy consumption, lower their operating and maintenance costs and reduce their carbon footprint. We focus on solutions which include lighting, mechanical and electrical upgrade services, water conservation, weatherization and renewable project development and implementation. We provide these solutions to the commercial and industrial markets, utilities, energy service companies (ESCOs) and the government sector across a wide range of facilities including high-rise office buildings, manufacturing plants, retail sites, mixed use complexes and large government sites. The company's stock is traded on NASDAQ under the symbol LIME. Additional information is available at the company's website at www.lime-energy.com or by calling 847-437-1666.
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FORWARD-LOOKING STATEMENTS
This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Lime Energy's current expectations about its future results, performance, prospects and opportunities. Lime Energy has tried to identify these forward-looking statements by using words and phrases such as "may," "expects," "anticipates," "believes," "hope," "intends," "estimates," "plan," "should," "typical," "preliminary," or similar expressions. These forward-looking statements are based on information currently available to Lime Energy and are subject to a number of risks, uncertainties and other factors that could cause Lime Energy's actual results, performance, prospects or opportunities in 2011 and beyond to differ materially from those expressed in, or implied by, these forward- looking statements. These risks include those described in Lime Energy's most recent Annual Report on Form 10-K or as may be described from time to time in Lime Energy's subsequent SEC filings; such factors are incorporated here by reference.