ATLANTA – March 29, 2010 – SERVIDYNE, INC. (NASDAQ – SERV), an energy efficiency and demand response company, today reported that it has entered into a contract with a major U.S. retailer to dramatically improve the energy efficiency of approximately 600 of its stores and distribution centers. The agreement has an estimated total revenue value of $8.7 million for project work that should begin almost immediately and be completed over the next 12-24 months.

Both companies expect their new strategic… Continue reading →

ATLANTA – March 24, 2010 – SERVIDYNE, INC. (NASDAQ – SERV), an energy efficiency and demand response company, today announced that it is enjoying early market acceptance of its new demand response (DR) product offering, Fifth Fuel Management™, as the Company already has entered into multi-year contracts with several customers. Servidyne also announced that it has been accepted as a registered curtailment service provider for Southern California Edison (SCE), one of the largest electric utilities in the United States.

“We… Continue reading →

ATLANTA – March 17, 2010 – SERVIDYNE, INC. (NASDAQ – SERV), an energy efficiency, demand response and real estate company, today reported net earnings for the third quarter ended January 31, 2010, of $119,982, or $.03 per share, compared to a net loss of ($491,362), or ($.13) per share, for the same period last year. Consolidated revenues for the third quarter were $4.84 million, compared to $4.06 million a year ago, an increase of approximately 19%. For the nine months… Continue reading →

ATLANTA – March 4, 2010 – SERVIDYNE, INC. (NASDAQ – SERV), an energy efficiency, demand response and real estate company, announced today that it expects its fiscal third quarter results, which the Company will report later this month, will reflect an order backlog at its core Building Performance Efficiency (“BPE”) Segment that exceeded $8.6 million as of January 31, 2010, an increase of more than 22% from the backlog at October 31, 2009, the end of the Company’s second quarter.… Continue reading →