GSA Teams With World Energy Solutions to Drive Millions in Energy Savings for New England Federal Facilities

GSA Teams With World Energy Solutions to Drive Millions in Energy Savings for
New England Federal Facilities

Online Reverse Auctions Deliver More Than $16 Million in Expected Savings;
Massachusetts Joins Four Other States in Strategic Procurement

BOSTON and WORCESTER, Mass., Oct. 23, 2013 (GLOBE NEWSWIRE) -- World Energy
Solutions, Inc. (Nasdaq:XWES), a leading energy management services firm,
today announced it has helped GSA, New England Region, successfully procure
over 920 million kWh of electricity – including more than 69 million kWh from
renewable sources – for 119 federal accounts in Connecticut, Maine,
Massachusetts, New Hampshire and Rhode Island. The strategic procurement
included, for the first time, federal accounts in the Commonwealth of
Massachusetts, more than quadrupling the load GSA, New England Region, last
auctioned with World Energy in 2011.

Through a series of competitive online auctions on the World Energy Exchange®,
GSA tested multiple products and terms in a fair and transparent manner,
receiving 168 bids from 8 suppliers in under two hours. The online event
resulted in seven new 36-month contracts for block and index and fixed-price
products – including 7.5% green power – that are expected to yield more than
$5.5 million in annual savings compared to the participating agencies' prior

The block and index product was specifically developed for the New England
power market and incentivizes federal agencies to shed load during peak
pricing periods. Along with GSA, participants in the procurement included the
American Red Cross, Bureau of Prisons, Department of State, Hanscom Air Force
Base and the Veterans Administration. Delivery under the new terms is set to
begin March 2014.

"This was a breakthrough procurement for GSA and World Energy," said Jonathan
Harvey, Vice President, Government, at World Energy Solutions. "The GSA team
and its energy division are to be commended for executing an outstanding
procurement that sets a high bar for using innovative pricing products that
leverage federal agencies' investments in demand side management with
supply-side buying strategies. Utilizing a block and index product that only
fixes prices during a portion of the calendar year in the months prices are
highest and allows prices to float in the remaining months when prices are up
to 50% lower will help federal agencies save money in a time of ongoing budget

Dating back to 2001, World Energy has had a long and successful relationship
with GSA. Over this period, GSA and its clients have won several awards for
energy procurement practices. Through World Energy, GSA has procured more than
13 billion kWh of electricity supply and 170 million Dth of natural gas supply
for federal facilities over the course of hundreds of procurement events.

About GSA

As the federal government's workplace solutions provider, the U.S. General
Services Administration works to foster an effective, sustainable and
transparent government for the American people. GSA's expertise in government
workplace solutions include:

  *Effective management of government assets, including more than 9,600
    government-owned or leased buildings and 215,000 vehicles in the federal
    fleet, and preservation of historic federal properties;
  *Leveraging the government's buying power through responsible acquisition
    of products and services making up approximately 14 percent of the
    government's total procurement dollars;
  *Providing innovative technology solutions to enhance government efficiency
    and increase citizen engagement; and
  *Promoting responsible use of federal resources through development of
    government-wide policies ranging from federal travel to property and
    management practices.

For more information about GSA, please visit

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. The words
"anticipates," "believes," "estimates," "expects," "intends," "may," "plans,"
"projects," "will," "would" and similar expressions are intended to identify
forward-looking statements, although not all forward-looking statements
contain these identifying words. The Company has based these forward-looking
statements on its current expectations and projections about future events,
including without limitation, its expectations of backlog and energy prices.
Although the Company believes that the expectations underlying any of its
forward-looking statements are reasonable, these expectations may prove to be
incorrect and all of these statements are subject to risks and uncertainties.
Should one or more of these risks and uncertainties materialize, or should
underlying assumptions, projections or expectations prove incorrect, actual
results, performance or financial condition may vary materially and adversely
from those anticipated, estimated or expected. Such risks and uncertainties
include, but are not limited to the following: the Company's revenue and
backlog are dependent on actual future energy purchases pursuant to completed
procurements; the demand for the Company's services is affected by changes in
regulated prices or cyclicality or volatility in competitive market prices for
energy; the potential impact on the Company's historical and prospective
financial results of a change in accounting policy may negatively impact its
stock price; and other factors outside the Company's control that affect
transaction volume in the electricity market. Additional risk factors are
identified in the Company's Annual Report on Form 10-K for the year ended
December 31, 2012 and subsequent reports filed with the Securities and
Exchange Commission. The forward-looking statements made in this press release
are made as at the date hereof. The Company undertakes no obligation to update
any forward-looking statement to reflect events or circumstances after the
date on which the statement is made or to reflect the occurrence of
unanticipated events, other than as required by securities laws.

         World Energy Solutions, Inc.
         (508) 459-8156

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