Microfield to Participate at Thomas Weisel Partners 2008 Alternative Energy Conference
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PORTLAND, Ore.--(Business Wire)-- Microfield Group, Inc. (OTCBB:MICG) today announced that its chief executive officer, Rodney Boucher, will present at the Thomas Weisel Partners 2008 Alternative Energy Conference in New York on June 12, 2008. EnergyConnect's cutting-edge demand response services enable a smarter, more sustainable power grid while creating additional profit for participating companies. Mr. Boucher's presentation will focus on EnergyConnect's recent accomplishments, including the release of first quarter 2008 revenue of more than 200 percent over revenue for the same quarter in 2007. Mr. Boucher will highlight EnergyConnect's robust business strategy and innovative approach to demand response. He will also outline his future visions for the company in this dynamic marketplace. Mr. Boucher will be presenting on Thursday, June 12th at 8:35 a.m. in South Salon 1, at the Mandarin Oriental Hotel. Microfield Group is the first company to deploy market-enabling energy automation technology in the demand response marketplace and has identified an initial $12 billion sector of the $300 billion market for electricity in the United States. This virtually untapped target market, consisting of large commercial, industrial and governmental energy consumers, is located within 20 of the nation's largest metropolitan centers. About Microfield Group, Inc. Microfield Group is the first company to deploy market-disruptive energy automation technology in the demand response marketplace. Utilizing an industry-leading intellectual property portfolio, the Company's EnergyConnect platform and technology enables large consumers of energy -- such as buildings, campuses and factories -- to exploit unprecedented revenue opportunities in the wholesale market for electricity. 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 provisions of the Private Securities Litigation Reform Act 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. Media Contact: Rasky Kate Casolaro, 617-443-9933 ext. 338 kcasolaro@rasky.com or Investor Contact: Microfield Group, Inc. Randy Reed, Chief Financial Officer, 503-419-3364 or Bristol Investor Relations Glen Akselrod, 905-326-1888 Copyright Business Wire 2008
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