Orion Energy Systems Recognized For Environmental, Social, Financial Success
December 3, 2009 (FinancialWire) — Orion Energy Systems Inc. (NASDAQ: OESX) has been named to the Investors’ Circle 20, a list recognizing companies that achieve environmental, social and financial success.
Orion ranked No. 3 on the list, compiled by Investors’ Circle, the United States’ oldest and largest national angel investing group.
Orion Energy Systems is a power technology enterprise that designs, manufactures and deploys energy management systems that significantly reduce energy costs for commercial and industrial companies, while delivering capacity to utilities throughout North America.
The IC20 was chosen among 197 companies nationwide. Ninety-five percent of the companies interviewed attributed their entire revenue to socially or environmentally beneficial products and services. These same companies did not forfeit financial success for themselves or their investors.
Energy-efficiency will play a major role in improving the environment for our children and grandchildren, while, at the same time, creating the cost savings and green jobs that many believe are important to our economic recovery. We are positioned well to continue building on our success.”
Orion has deployed its energy management systems in 5,082 facilities across North America, including 120 of the Fortune 500 companies. Since 2001, Orion technology has displaced more than 477 megawatts, saving customers more than $710 million and reducing indirect carbon dioxide emissions by 6.1 million tons.
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Free annual reports, filings and conference call webcasts for companies mentioned in the news are available via Investrend Syndications (http://investrend.ar.wilink.com/?level=279). The most recently issued reports and/or recorded webcasts include Cascade Corp. (NYSE: CASC), Anadarko Petroleum Corp. (NYSE: APC), Baytex Energy Trust (NYSE: BTE) (TSX: BTE), H & Q Healthcare Investors (NYSE: HQH), H & Q Life Science Investors (NYSE: HQL), PIMCO (NYSE: PYN) (NYSE: PMX) (NYSE: PZC), PIMCO Global StocksPLUS & Income Fund (NYSE: PGP), Taiwan Greater China Fund (NYSE: TFC) and Wolseley PLC (OTC: WOSCF) (London Stock Exchange: WOS).
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