PowerSecure Completes Solar Farm for QVC

  PowerSecure Completes Solar Farm for QVC

Business Wire

WAKE FOREST, N.C. -- November 11, 2013

PowerSecure International, Inc. (NYSE:POWR) today announced that it has
completed the engineering, construction and installation of a new three
megawatt solar farm for QVC at its subsidiary’s (QVC Rocky Mount, Inc.)
Distribution Center in Rocky Mount, NC.

This project, which consists of more than 11,500 panels on 11 acres, will
supplement an existing system that PowerSecure Solar helped construct in 2008
and brings the total production capacity at the facility to four megawatts.

“PowerSecure Solar delivered outstanding engineering and project execution to
support QVC’s commitment to conserving energy by implementing sustainable
solutions and reducing waste,” said Bill Stanulis, QVC Rocky Mount
Distribution Center general manager.

Combined with the pre-existing solar capacity on the site, this facility now
conserves enough kilowatt-hours of energy to reduce CO[2] emissions that are
equivalent to 458,766 gallons of gasoline, based on US EPA Greenhouse Gas
Equivalencies.

“Our solar business continues to deliver value for customers like QVC,
utilities and investors as we leverage our expanded design and construction
capabilities in this space and look to integrate our solar expertise into
microgrid and firm solar distributed generation projects,” said Sidney Hinton,
chief executive officer of PowerSecure.

About PowerSecure

PowerSecure International, Inc. is a leading provider of utility and energy
technologies to electric utilities, and their industrial, institutional and
commercial customers. PowerSecure provides products and services in the areas
of Interactive Distributed Generation ^® (IDG^®), energy efficiency and
utility infrastructure. The company is a pioneer in developing IDG^® power
systems with sophisticated smart grid capabilities, including the ability to
1) forecast electricity demand and electronically deploy the systems to
deliver more efficient, and environmentally friendly, power at peak power
times, 2) provide utilities with dedicated electric power generation capacity
to utilize for demand response purposes and 3) provide customers with the most
dependable standby power in the industry. Its proprietary distributed
generation system designs utilize a range of technologies to deliver power,
including renewables. The company’s energy efficiency business develops energy
efficient lighting technologies that improve the quality of light, including
its proprietary EfficientLights^® LED lighting products for grocery, drug and
convenience stores, and its SecureLite area light and PowerLite street lights
for utilities and municipalities. PowerSecure also provides electric utilities
with transmission and distribution infrastructure maintenance and construction
services, and engineering and regulatory consulting services. Additional
information is available at www.powersecure.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
and made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements are all statements
other than statements of historical facts, and all other statements concerning
the plans, intentions, expectations, projections, hopes, beliefs, objectives,
goals and strategies of management, including statements about other future
financial and non-financial items, performance or events and about present and
future products, services, technologies and businesses; and statements of
assumptions underlying the foregoing.

Forward-looking statements are not guarantees of future performance or events
and are subject to a number of known and unknown risks, uncertainties and
other factors that are difficult to predict and could cause actual results to
differ materially from those expressed, projected or implied by such
forward-looking statements. Important risks, uncertainties and other factors
include, but are not limited to, the on-going downturn, disruption and
volatility in the economy, financial markets and business markets and the
effects thereof on the company's markets and customers, the demand for its
products and services, and the company's access to capital; the size, timing
and terms of sales and orders, including the company's revenue backlog, and
the risk of customers delaying, deferring or canceling purchase orders or
making smaller purchases than expected; the potential adverse financial and
reputational consequences that can result from safety risks and hazards such
as accidents inherent in the company’s operations; the impact of the company’s
recent acquisitions of the ESCO business, the Solais business, the Encari
business, and the commercial and industrial solar business; the company’s
ability to reduce and control its costs and expenses; the timely and
successful development, production and market acceptance of new and enhanced
products, services and technologies of the company; the ability of the company
to obtain adequate supplies of key components and materials of sufficient
reliability and quality for its products and technologies on a timely and
cost-effective basis and the effects of related warranty claims and disputes;
the ability of the company to successfully expand its core distributed
generation products and services, to successfully develop and achieve market
acceptance of its new energy-related businesses, to successfully expand its
recurring revenue projects, to manage its growth and to address the effects of
any future changes in utility tariff structures and environmental requirements
on its business solutions; the effects of competition; changes in customer and
industry demand and preferences; the ability of the company to continue the
growth and diversification of its customer base; the ability of the company to
attract, retain, and motivate its executives and key personnel; changes in the
energy industry in general and the electricity, oil, and natural gas markets
in particular, including price levels; the effects of competition; the ability
of the company to secure and maintain key contracts and relationships; the
effects of pending and future litigation, claims and disputes; and other
risks, uncertainties and other factors identified from time to time in its
reports filed with or furnished to the Securities and Exchange Commission,
including the company's most recent Annual Report on Form 10-K, as well as
subsequently filed reports on Form 10-Q and Form 8-K, copies of which may be
obtained by visiting the investor relations page of the company’s website at
www.powersecure.com or the SEC’s website at www.sec.gov.

Accordingly, there is no assurance that the results expressed, projected or
implied by any forward-looking statements will be achieved, and readers are
cautioned not to place undue reliance on any forward-looking statements. The
forward-looking statements in this press release speak only as of the date
hereof and are based on the current plans, goals, objectives, strategies,
intentions, expectations and assumptions of, and the information currently
available to, management.

The company assumes no duty or obligation to update or revise any
forward-looking statements for any reason, whether as the result of changes in
expectations, new information, future events, conditions or circumstances or
otherwise.

Contact:

PowerSecure International, Inc.
John Bluth, 919-453-2103
 
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