Electric City Corporation Completes Application for the Nasdaq SmallCap.Business Editors ELK GROVE VILLAGE Elk Grove Village, village (1990 pop. 33,429), Cook and Du Page counties, NE Ill., a suburb of Chicago; inc. 1956. With a population of c.100 at the time of its establishment on open farmland, the village has grown dramatically and steadily, largely because of its , Ill.--(BUSINESS WIRE)--Feb. 4, 2000 Electric City Corp., a leading developer and integrator of energy savings technologies, announces today that it has filed its application to enter the Nasdaq SmallCap Market. The Company took this important step shortly after successfully moving from the &uot;pink sheets&uot; to the NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. . &uot;Our application to the Nasdaq SmallCap represents yet another important step for our new management team's efforts to reorganize and focus all of our energy in the development of Electric City Corporation,&uot; stated John Mitola, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Electric City. &uot;While we have been extremely busy expanding the Company's sales organization, refining our financial plan, and increasing our manufacturing capability, we have never lost sight of the importance of moving Electric City to the Nasdaq SmallCap.&uot; Electric City is a leading developer, manufacturer, and integrator of energy savings technologies. The Company currently markets custom switchgear and the ENERGYSAVER(TM), a state of the art lighting control system. Electric City is based in Elk Grove Village, Illinois Elk Grove Village is a municipality located in northeastern Illinois adjacent to O'Hare International Airport and the City of Chicago. Elk Grove Village encompasses 10.9 square miles in land area with 10.5 square miles located in Cook County and 0. and is traded under the symbol ECCC. Additional information is available by contacting the Company at (847) 437-1666 or visiting its website at www.electriccityeccc.com. |
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