Microfield's EnergyConnect Signs University of Pennsylvania.PORTLAND, Ore. -- Microfield Group, Inc. ("Microfield") (OTCBB OTCBBSee OTC Bulletin Board (OTCBB). :MICG MICG Moroccan Islamic Combatant Group ) today announced that its subsidiary EnergyConnect, Inc. ("ECI ECI Employment Cost Index ECI Election Commission(er) of India ECI Enterprise Content Integration ECI Early Childhood Intervention ECI Environmental Change Institute "), has added a new participant, the University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. , to the ECI Philadelphia portfolio. The University of Pennsylvania is home to the nation's first medical school, the world's first electronic digital computer, and a diverse student body of nearly 20,000 students enrolled in Penn's programs across 270 urban acres in West Philadelphia. Penn's campus includes a chiller chill·er n. 1. One that chills. 2. A frightening story, especially one involving violence, evil, or the supernatural; a thriller. chiller Noun 1. plant that houses four 5,000 ton chillers and supplies campus buildings with a distribution chilled water loop. ECI will assist Penn with strategies to participate in PJM PJM Pacific Journal of Mathematics PJM Project Manager PJM Puerto Jimenez, Costa Rica (Airport code) PJM Pennsylvania New Jersey Maryland Interconnection LLC (Mid-Atlantic region power pool) real time and day-ahead programs that curtail or shift load and improve the capability of their facilities to participate and earn energy revenues while reducing electric costs. Several years ago, the University of Pennsylvania instituted a strategic plan that focuses on saving energy. "Even with our current maximum electrical demand down 5MW from the summer of 2000, the demand and energy charges from our utility are increasing every year," explains Gerry McGillian, Penn's utility operation manager. "Summer demand for the campus exceeds 60 MW. The more we can bring that number down, the more we can save all year-round." Liz Kimmel, Director of Business Development for EnergyConnect and a Penn graduate said, "ECI is pleased to be selected by Penn to provide Demand Response Programs and Energy Management services. Substantially expanding in the number of buildings we serve in Philadelphia capitalizes on underlying ECI systems and capabilities developed and applied in the Mid-Atlantic and other regions of the US." About Microfield Group, Inc. Microfield Group, Inc. supplies high value technologies and services to electricity providers and consumers. The Company identifies, enhances, integrates, and compensates the inherent capabilities of electric energy consumers to improve the efficiency of regional electric grids, including related electric transaction, infrastructure, design and construction services. These services include support for wind and solar generation, building controls, telecommunications, and security. Microfield is headquartered in Portland, Oregon, and its common stock is traded on the 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. under the symbol "MICG." Additional information about Microfield is available at www.microfield.com. Forward-Looking Statements This press release includes statements that may constitute "forward-looking" statements. These statements are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause or contribute to such differences that include, but are not limited to, competitive factors, the success of new products in the marketplace, dependence upon third party vendors, and the ability to obtain financing. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. |
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