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Comverge Announces Development of Third 'Virtual Peaking Capacity(TM)' Program 48 MW Contract Signed with ISO New England EAST HANOVER, N.J., April 20 /PRNewswire/ -- Comverge, Inc. announced today that it has signed a long-term Virtual Peaking Capacity(TM) contract to provide significant peak load reduction to ISO New England. In this forward looking initiative, ISO New England has reaffirmed the ability to utilize demand management techniques as an important component of their integrated resource portfolio. ISO New England is the Regional Transmission Organization (RTO) responsible for the day-to-day reliable operation of New England's bulk power generation and transmission system. Under the Virtual Peaking Capacity(TM) program, Comverge will install, own and operate a demand-side load management system marketed to certain energy consumers in Southwest Connecticut. The available demand reduction is targeted at 48 Megawatts by 2006. The program is a key component of ISO New England's program to improve system reliability within the Southwest Connecticut region during periods of peak electricity demand. Frank Magnotti, President of Comverge Enterprises, the Comverge Group responsible for development and operations of Comverge's Virtual Peaking Capacity(TM) programs, said, "We are very excited to be participating in ISO New England's program to improve system reliability and to provide reliable power to electricity users in Southwest Connecticut." "Additionally," Magnotti added, "Comverge looks forward to rapidly implementing this program with ISO New England and its member utilities in the Southwest Connecticut region." Robert M. Chiste, Comverge's Chief Executive Officer added, "We believe this contract further validates our belief that our Virtual Peaking Capacity (TM) programs offer attractive, cost-effective and environmentally friendly alternatives for reducing peak demand and transmission constraints of energy providers. It also allows energy providers to focus on what they do best, which is to provide reliable energy, while Comverge's expertise is focused on peak demand management and many important nuances of managing a large-scale demand management solutions that provide reliable capacity to system operators. We continue to successfully roll out our programs and to discuss the 'co-sourcing' business solution with a number of utilities and regulators as Demand Management is becoming more and more of a mainstream component of Integrated Resource Plans" ISO New England acted as agent for certain energy providers in its New England control area. The contract is subject to the approval of the Federal Energy Regulatory Commission. About Comverge, Inc. Comverge, Inc., The Power in Power Technology(TM), is a leading energy intelligence company whose investors include Nth Power, EnerTech Capital, Data Systems & Software, Inc. (NASDAQ:DSSI), E.ON Venture Partners GmbH (NYSE:EON), Ridgewood Capital, Easton Hunt Capital Partners, L.P., Norsk Hydro Technology Ventures (NYSE:NHY) and Shell Internet Ventures, an affiliate of the Royal Dutch/Shell Group of Companies (NYSE:RD). Comverge has more than 500 energy supplier clients worldwide, with offices and research facilities in Atlanta, Georgia; East Hanover, New Jersey; Newark, California; Pensacola, Florida; and Tel Aviv, Israel. The Company's PowerCAMP(TM) Group provides End-to-End Energy Intelligence(TM) software solutions. Comverge's Technologies Group provides integrated, full-spectrum solutions for direct or voluntary load control programs, remote meter reading, price-responsive programs, time-of-use billing, distributed generation monitoring, theft/outage detection and more. Comverge's Enterprise Group provides pioneering turnkey business solutions including owned and operated systems, Virtual Peaking Capacity(TM) "negawatt" contracts, and joint ventures. For more information visit http://www.comverge.com/. Media Contact: At Comverge, Bud Vos, Vice President of Marketing, 973.884.5970, This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, which are subject to risks and uncertainties, including risks associated with (i) state regulatory approval of the contract announced in this release (ii) conditions in the market for utility solutions, (iii) the marketing of Comverge's hardware and software to utility customers and (iv) the pace and consequences of deregulation. Actual results may vary from those projected or implied by such forward- looking statements. The deployment of units under the contract announced in this release, if any, will depend upon many factors, including, without limitation, successful marketing of the program by Comverge. There is no assurance as to when, or whether, there will be any deployment of units to any targeted customers. DATASOURCE: Comverge, Inc. CONTACT: Bud Vos, Vice President of Marketing at Comverge, Inc., +1-973-884-5970, or Web site: http://www.comverge.com/

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