EnergyConnect, a wholly owned subsidiary of Microfield Group, Inc. (MICG.OB), and industry leader in innovative Demand Response technologies, today announced changes in its partnership portfolio.
EnergyConnect has established marketing alliances with a range of partners across the growing demand response industry who benefit from access to the company’s next generation demand response technology. EnergyConnect also works directly with a growing list of electricity consumers, along with grid operators and utilities to implement strategies for bringing additional electricity on line quickly and for less money than turning to high cost peaking power plants.
While several partnerships have been instrumental in supporting EnergyConnect’s rapidly growing demand response business, the company and Constellation NewEnergy have decided to conclude a recent marketing alliance designed to cross-market EnergyConnect’s cutting-edge Demand Response services with Constellation NewEnergy’s industry leading commodity offerings. Both companies will continue to work together as advocates for advancing Demand Response markets nationwide and the termination of their joint efforts will have no material impact on EnergyConnect’s 2008 operations or revenues.
“We view a collaborative approach to leveraging the opportunities available in the expanding demand response market as integral to developing a smarter and more sustainable power grid,” said Rodney M. Boucher, Chief Executive Officer of Microfield Group. “We are committed to identifying and working with partners who are interested in providing their electric customers with access to our innovative Demand Response services.”
About EnergyConnect
EnergyConnect, Inc., a wholly owned subsidiary of Microfield Group, Inc., provides industry leading Demand Response technologies and services that enable a smarter, more sustainable power grid while creating additional income for participating companies. EnergyConnect transforms energy consumers into active participants in delivering the cleanest, most efficient and lowest cost supply of electric energy available. The EnergyConnect web-based automated platform enables consumers of energy to participate in unprecedented profit opportunities in the wholesale market for electricity. For more information about this next generation technology, visit: www.energyconnectinc.com.
EnergyConnect, Inc.
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