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October 3, 2007
Worcester, MA, Oct 3, 2007 - World Energy Solutions, Inc. (TSX: XWE), the operator of leading online exchanges for energy and energy-related products, today announced its participation in two green conferences this October. World Energy will be showcasing industry expertise and market thought leadership at the following regional events:
- Massachusetts Energy Summit, Oct. 3 in Worcester, Mass., an event focused on educating attendees about the variety in energy supply choices as well as conservation methods and the alternatives to fossil fuels. World Energy representatives will be located at booth # 308.
- Massachusetts EPP Vendor Fair, Oct. 30 in Worcester, Mass., the Environmentally Preferable Products (EPP) Procurement Program's signature event hosts over 1,200 federal, state and local procurement officials, fleet and facility managers and environmental staff. Speak with World Energy at booth # 208 and hear Account Manager Orlando Rodriguez discuss renewable energy credits during a one-hour seminar.
"Today's societal and legislative focus on green energy has forced local organizations to seek proven, cost-effective means of greening their energy portfolios," said Richard Domaleski, CEO and founder of World Energy. "With active involvement both regionally and nationally, World Energy remains at the forefront of energy and green energy procurement, providing our customers with a quick, easy and efficient way to purchase energy."
In addition, World Energy CEO, Richard Domaleski, has been named to the Worcester Business Journal's fifth annual "40 Under 40" list. Based on a pool of nearly 100 applicants, Domaleski was selected as one of forty business leaders under the age of forty to be recognized for outstanding business accomplishments and ongoing commitment to the local community.
About World Energy Solutions, Inc.
World Energy operates leading online exchanges for energy and energy-related products. Our proven approach provides market intelligence, promotes liquidity, and creates price transparency for all market participants, enabling our customers to transact with confidence and to seek the best possible price. To date, the company has transacted over 32 billion kwh of electricity, 500 million kwh of green power and Renewable Energy Certificates (RECs) and one trillion cubic feet of natural gas. For more information, please visit www.worldenergy.com.
This press release contains forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to: our revenue is dependent on actual future energy purchases pursuant to completed procurements; the demand for our services is affected by changes in regulated prices or cyclicality or volatility in competitive market prices for energy; we depend on a small number of key energy consumers, suppliers and channel partners; there are factors outside our control that affect transaction volume in the electricity market; and there are other factors identified in our Annual Report on Form 10-K and subsequent reports filed with the Securities and Exchange Commission.
SOURCE World Energy Solutions, Inc.
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