Photo Release -- World Energy Solutions Names Martha Danly Chief Operating
Danly Brings Silicon Valley Smarts, Process-Automation Acumen to Fast-Growing
Energy Management Firm
WORCESTER, Mass., April 24, 2013 (GLOBE NEWSWIRE) -- World Energy Solutions,
Inc. (Nasdaq:XWES), a leading energy management services firm, today announced
it has named Martha Danly as its Chief Operating Officer, promoting her from
Chief Product Officer, a position she had held since joining the Company in
September 2012. As COO, Danly will oversee company-wide operations, product
strategy, product marketing, software development, IT and the ongoing delivery
of the Company's signature online energy platform, the World Energy Exchange®.
Martha Danly, COO
Martha Danly, COO of World Energy
A photo accompanying this release is available at
With 30 years in the high-technology industry, Danly has held leadership
positions at a wide range of Silicon Valley startups focused on online
trading, cloud computing, cleantech, social media, consumer video and ad
networks. Known for bringing user-centric product design to emerging
technologies, she helped pioneer two successful e-commerce platforms – the
first online auction at Onsale and vertical B2B marketplaces at Ventro
"We are incredibly fortunate to have Martha Danly on our team," said Phil
Adams, CEO, World Energy Solutions. "I have known Martha since 1988 and
believe she is one of the sharpest people I have ever had the pleasure of
working with. Her capacity to solve complex problems – deftly applying process
and technology to make solutions repeatable and scalable – is a hallmark of
her career, as is her ability to energize and drive teams to deliver
breakthrough results. Martha is one of a kind, and we are delighted to have
Added Danly, "With over 5,000 customers and the industry's leading auction
platform, World Energy offers me a tremendous opportunity to play a hands-on
role in the Company's transformation of energy brokerage and management. With
such a strong foundation to build on, I am eager to expand our solution set
for energy management and extend the Company's legacy of process and
technology innovation into the mid-market."
About World Energy Solutions, Inc.
World Energy Solutions, Inc. (Nasdaq:XWES) is an energy management services
firm that brings together the passion, processes and technologies to take the
complexity out of energy management and turn it into bottom-line impact for
the businesses, institutions and governments we serve. To date, the Company
has transacted more than $40 billion in energy, demand response and
environmental commodities on behalf of its customers, creating more than $2
billion in value for them. World Energy is also a leader in the global carbon
market, where its World Energy Exchange® supports the Regional Greenhouse Gas
Initiative (RGGI), the first mandatory market-based regulatory program in the
U.S. to reduce greenhouse gas emissions. For more information, please visit
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, the following: our revenue and backlog are
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;
the potential impact on our historical and prospective financial results of a
change in accounting policy may negatively impact our stock price; and other
factors outside our control that affect transaction volume in the electricity
market as well as our overall business. Additional risk factors are identified
in our Annual Report on Form 10-K and subsequent reports filed with the
Securities and Exchange Commission.
The photo is also available via AP PhotoExpress.
CONTACT: Dan Mees
World Energy Solutions, Inc.
Dian Griesel, Inc.
World Energy Solutions, Inc. logo
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