CPower Awarded Exclusive Statewide Massachusetts Contract

State Agencies to Reap Benefits from CPower's Demand Response and Permanent
Peak Reduction Services

NEW YORK, May 18 /PRNewswire/ -- CPower (www.cpowered.com), a leading energy
management firm, today announced it has been awarded an exclusive statewide
contract by the Division of Capital Asset Management (DCAM) to provide demand
response and permanent peak reduction services to Massachusetts state
facilities.

Under the terms of agreement, CPower will renew its existing demand response
capacity of 25 megawatts (MW) in the region and contribute an additional 25MW
of capacity, through the 30 Minute Real Time Demand Response and 30 Minute
Real Time Emergency Generation Programs. These two programs, offered through
ISO New England, the independent system operator responsible for managing New
England's electrical grid, enable facilities to participate in demand response
through both load curtailment and emergency generation.

CPower will also offer On Peak Hours Demand Resources Projects, a permanent
peak reduction program for state agencies introduced by ISO New England. This
new program provides participants payments for energy efficiency, distributed
generation and load management projects based on a project's permanent peak
demand reduction value.

With this new state-wide contract, other public sector entities, such as
municipal buildings, county facilities and facilities belonging to water,
building, and transportation authorities may now participate in CPower's
Demand Response Programs and On Peak Hours Demand Resources Projects.

In 2005, ISO New England opened a competitive bid for energy capacity in
response to concerns about the region's gas and power supply. At that time,
CPower was one of two providers that were awarded capacity. Originally
positioned to be a one-year contract, CPower's contract was extended by the
state of Massachusetts for three years and during that time, Massachusetts
increased the number of participating agencies in CPower's programs and
doubled its capacity. The state was unable to extend the existing contract for
a second time and opened a bid for a new contract, which was awarded
exclusively to CPower.

"As energy costs continue to climb, it becomes increasingly vital to manage
electricity usage and costs. CPower enables our state agencies to do just that
in the most effective and economical manner possible," said Mark Nelson,
Deputy Commissioner of Division of Capital Asset Management. "CPower has
proven its value to the state over the past several years with its
comprehensive portfolio of demand response services and expertise in managing
our agencies' participation in the programs. We are confident in their ability
to oversee additional programs with our agencies and help ensure that a
consistent electricity supply is maintained throughout the state."

DCAM client agencies that currently participate in CPower's demand response
program include the University of Massachusetts Amherst, Massachusetts
Department of Corrections, Holyoke Soldiers Home, Massachusetts Hospital
School, Massachusetts Information Technology Center and Barnstable County
Jail.

"We are very excited to extend our relationship with the Division of Capital
Asset Management and increase the state's participation in demand response,"
said Gary Fromer, CEO of CPower. "Not only will participants receive credits
in exchange for committing to reduce energy consumption when called to do so,
but they will also help alleviate supply constraints throughout the state and
generate a new source of funding for additional energy initiatives."

About CPower
CPower delivers targeted energy management services and solutions that enable
companies to optimize their facilities and operations through strategic energy
reduction initiatives, and earn market payments for those reductions. Through
its advocacy for energy users, and partnerships with utilities and grid
operators, CPower works to design and manage programs that maximize the
rewards for energy reductions and provide reliable relief to grid operators.
CPower works with clients and business partners across North America,
including in the major energy markets of New England, New York, the
Mid-Atlantic region, Texas, California and Ontario. The company's clients
range from medium to large energy users, and span the industrial, commercial,
retail and institutional markets, including Stanley Tools, CB Richard Ellis,
Cushman Wakefield, Sears Holdings Corporation , NYU Langone Medical Center,
and the Massachusetts State Division of Capital Asset Management.

Contact:
Maureen Shaw
Kwittken & Company
+1-646-747-7155
mshaw@kwitco.com

SOURCE CPower

Maureen Shaw, Kwittken & Company, +1-646-747-7155, mshaw@kwitco.com, for
CPower