Servidyne’s Fifth Fuel Management Takes Off
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 initiated our DR efforts less than a year ago, and we are quite pleased with our progress to date,” said George Plattenburg, Servidyne’s Senior Vice President of Sales and Marketing. “Seven of our existing customers recently signed new five-year DR agreements, and we consider these multi-year commitments to be important indicators of their confidence. We’re excited to be working with these utilities, and expect to deliver results starting as early as this summer.”
Servidyne is marketing Fifth Fuel Management services to owners and operators of large buildings, including those served by Southern California Edison, and anticipates entering into new contracts with customers in SCE’s market as well as in markets served by other electric utilities in California. Last summer, Servidyne enabled customers in San Antonio served by CPS Energy (CPS), the nation’s largest municipally-owned energy company, to successfully participate in that utility’s demand response program, and the Company expects those efforts will lead to additional new business later this year.
Recently, Servidyne also achieved new Fifth Fuel Management sales at customers’ facilities located in the PJM Interconnection market, which is a competitive wholesale electricity market including all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and the District of Columbia. These customers are served by several utilities operating in the PJM territory, including Commonwealth Edison (ComEd), Baltimore Gas & Electric (BGE), Public Service Electric & Gas of New Jersey (PSE&G), Jersey Central Power & Light (JCP&L), and Dominion Virginia Power (DOM).
Designed to provide technology-enabled real-time demand response capabilities to complex buildings, Fifth Fuel Management seeks to meet the needs of both utilities and their customers by leveraging Servidyne’s 30+ years of Inside the Skin™ experience in optimizing building performance to deliver energy savings to owners and operators of large hotels and resorts, office buildings, retail stores, medical facilities, industrial plants and distribution centers.
The Fifth Fuel Management approach includes a comprehensive demand response audit performed by Servidyne expert energy engineers and customized site training and step-by-step processes for optimized DR participation.
About Servidyne
Established in 1925, Servidyne, Inc. is headquartered in Atlanta, Georgia, and operates globally through its wholly–owned subsidiaries. The Company provides comprehensive energy efficiency and demand response solutions, sustainability programs, and other products and services that significantly enhance the operating and financial performance of existing buildings. Servidyne enables its customers to cut energy consumption and realize immediate cost savings across their portfolios, while reducing greenhouse gas emissions and improving the comfort and satisfaction of their buildings’ occupants. The Company serves a broad range of markets in the United States and internationally, including owners and operators of corporate, commercial office, hospitality, gaming, retail, light industrial, distribution, healthcare, government, multi-family and education facilities, as well as energy services companies and public and private utilities. Servidyne also owns commercial income-producing properties in the Southeast. For more information, please visit www.servidyne.com or call 770-953-0304.
Certain statements contained or incorporated by reference in this press release, including without limitation, statements containing the words “believe,” “anticipate,” “estimate,” “expect,” “plan,” “project,” “forecast,” “should,” and words of similar import, are forward-looking statements within the meaning of the federal securities laws. Forward-looking statements in this release include statements regarding the following matters: the Company’s expectations of delivering demand response results as early as this summer; the Company’s anticipation of entering into new contracts with customers served by utilities in California; and the Company’s expectation that its successful demand response efforts last summer will lead to additional new business later this year. Forward-looking statements involve known and unknown risks, uncertainties and other matters which may cause the actual results, performance, or achievements of Servidyne, Inc. to be materially different from any future results, performance, or uncertainties expressed or implied by such forward-looking statements. Factors affecting forward-looking statements in this release include, without limitation, the factors identified under the caption “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended April 30, 2009, as updated from time to time in the Company’s Quarterly Reports on Form 10-Q. Servidyne, Inc. does not undertake to update these forward-looking statements.

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