Pike Purchases Charlotte-Based Facilities Planning and Siting, PLLC and Expands Energy...

Pike Purchases Charlotte-Based Facilities Planning and Siting, PLLC and
Expands Energy Solutions Portfolio

MOUNT AIRY, N.C., June 30 /PRNewswire-FirstCall/ -- Pike Electric Corporation
(NYSE: PIKE), one of the nation's leading energy solutions providers, has
purchased Facilities Planning & Siting, PLLC (FPS) based in Charlotte, North
Carolina.

FPS combines the collective talents of civil engineers, GIS analysts,
landscape architects, and environmental experts to develop site plans for
utilities, cooperatives and municipalities with cutting-edge technology and a
comprehensive siting procedure that fully integrates environmental,
engineering, real estate, economic, regulatory and community considerations.
FPS also provides measurements and predictions for the visual effects of
future electrical transmission and substation projects, electrical
distribution line projects, gas transmission projects and electrical
generation projects, through proprietary software tools that determine views,
build perspective models from selected viewpoints, create photo-realistic
simulations and utilize a comprehensive rating model.

"The outstanding people and renowned reputation of FPS further enhances the
services Pike offers customers through our portfolio of Energy Solutions. This
acquisition allows us to provide services and value at the conceptual stages
of our customer's projects," said J. Eric Pike, Chairman and CEO at Pike.

Following the closing of the acquisition, Dwight Hollifield, the current
president of FPS, will lead the facilities planning and siting services
provided by Pike's engineering group, and will be assisted in his efforts by
all of the former employees of FPS.

About Pike
Pike is one of the largest providers of energy solutions in the United States.
Pike's portfolio of services includes powerline and engineering, substation
construction and engineering, procurement and construction management for both
traditional and renewable energy projects. The Company is also a recognized
leader in storm restoration. The Company's common stock is traded on the New
York Stock Exchange under the symbol PIKE. Visit Pike's website at
www.pike.com.

Safe Harbor
This press release contains forward-looking statements that relate to Pike
Electric's plans, objectives and estimate. These statements are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995 and speak only as of the date of this release. The terms "should,"
"believe," "plan," "expect," "anticipate," "estimate," "intend" and "project"
and similar words or expressions are intended to identify forward-looking
statements. Various risks, uncertainties and other factors could cause actual
results to differ materially from those expressed in any forward-looking
statements. For a more detailed list of such risks, uncertainties and factors,
please refer to the "Risk Factor" and "Forward Looking Statements" sections of
Pike Electric's Annual Report on Form 10-K for the fiscal year ending June 30,
2008, "Item 1A. Risk Factors" in Pike Electric's Quarterly Report on Form 10-Q
for the quarter ended March 31, 2009, and in its other filings with the
Securities and Exchange Commission. Pike Electric makes no commitment to
update any forward-looking statement or to disclose any facts, events, or
circumstances after the date of this release that may affect the accuracy of
any forward-looking statement, except as may be required by applicable law.

SOURCE Pike Electric Corporation

Lara Travars of Pike Electric Corporation, +1-336-719-4492