Electric City Announces Test Installations for City of Chicago Including O'Hare International Airport.

ELK GROVE VILLAGE, Ill.--(BUSINESS WIRE)--June 11, 1999--

Electric City Corp. (OTC Bulletin Board: ECCC) announced today that it has recently begun testing the EnergySaver in a pilot project with the City of Chicago.

Five EnergySaver units were placed in the Sulzer library. During the first week of testing, a 40% reduction in kilowatt-hour usage was observed. Additional EnergySaver test units have also been installed in the parking facilities of O'Hare International Airport, where a 40% reduction in kilowatt-hour usage has also been noted.

In all, there are five locations in the City of Chicago that will undergo 2 months of testing. If the EnergySaver tests reduce the kilowatt hour usage at these sites by 20% or more, the City of Chicago plans to purchase EnergySaver units for many City owned properties. These facilities will include O'Hare Airport, City parking facilities, police stations, ambulance stations, fire departments, libraries, City streets and parks and other City locations.

"These test sites represent a major breakthrough for our EnergySaver product line and Electric City," said Joseph C. Marino, CEO and Chairman of the Board. "In addition to the enormous revenue potential of a Chicago City wide contract, we will position ourselves to be able to demonstrate enormous cost savings to other city, state and national government agencies and major local and national corporations. Power reductions on such high levels play an important role in my goal of fighting pollution and environmental problems that exist today," Mr. Marino went on to say.

"It seems like a good idea, we are always looking for ways to reduce electricity, demand and increase energy efficiency in city facilities and what we are testing it for is the benefits it may have to energy efficiency and reliability," said Jessica Rio of the Chicago Department of Environment, when discussing the EnergySaver product with a CBS affiliate in the City of Chicago.

The EnergySaver: State of the Art Lighting Control Technology is a proprietary energy management system designed to reduce the cost of lighting. These savings are achieved without a loss in essential brightness and without reducing the number of hours the lights are used.

Electric City Corp. (www.electriccityeccc.com), located in Elk Grove Village, Ill., is an energy technology and manufacturing company created to introduce this State of the Art Lighting Control Technology to the United States after 17 years of success in Europe. Electric City Corporation markets and manufactures the EnergySaver products that offer savings in the range of 20% to 50% to the commercial sector on their utility bills and lighting related expenses. Some of Electric City's clients include, Frito Lay Inc. a subsidiary of PEPSICO INC (NYSE: PEP), Tru Vue, a subsidiary of APOGEE ENTR (NASDAQ: APOG) and automobile dealerships including Ford and Dodge.

Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. The Company's future actual results could differ materially from the forward-looking statements discussed herein.