EnergyConnect, Inc.

CHICAGO, Ill. & PORTLAND, Ore.–(BUSINESS WIRE)–US Equities Asset Management, LLC, manager of the world-famous Sears Tower, and Microfield Group, Inc. (”Microfield”) (OTCBB: MICG - News) today announced that US Equities Asset Management, LLC has selected Microfield subsidiary EnergyConnect, Inc. (”EnergyConnect”) to provide Demand Response solutions for the Sears Tower and other properties in its portfolio.

Demand Response solutions are an integral component of state and federal sustainable energy plans across the country. By synergistically teaming, EnergyConnect and US Equities are offering current and future mutual clients cutting-edge solutions to manage energy in the most sustainable, environmentally friendly, yet financially rewarding manner. Demand Response capability is also a factor in attaining coveted LEED (Leadership in Energy and Environmental Design) designations.

US Equities Sustainability Consultant Sundee Wislow stated, “We understand the financial benefit of Demand Response, but our key driver was the opportunity to support the State of Illinois’ Sustainable Energy Plan, which looks in part to facilities like Sears Tower to assist in reducing stress on the electrical grid in an environmentally friendly manner. We trust our support will lead the way for other larger electrical consumers to join the effort.”

Dean L. Johnson, US Equities’ Senior Vice President of Asset Management, added, “We appreciated the track record EnergyConnect has developed in Chicago with other leading buildings, and the ability of EnergyConnect’s software to help us maximize the Tower’s potential. This is the theme of our approach in managing this incredible asset — maximizing its potential.”

Brian Gallagher, EnergyConnect’s Chicago-based VP, commented, “The key here is to use EnergyConnect systems and expertise to facilitate Sears Tower’s participation in the Demand Response program in a manner in which Sears Tower’s office tenants are unaffected. We’ll also partner with Sears Tower management in evaluating upgrades to their metering and building systems to provide better energy conservation management tools.”

About Sears Tower

Located in Chicago’s West Loop, the 3.8 million-square-foot, mixed-use tower includes office, retail, restaurant, antenna/broadcasting facilities and parking space, as well as the Skydeck observatory, one of Chicago’s top tourist attractions. US Equities’ vision for the property includes initiatives to revitalize office leasing and enhance the retail, restaurant, conference center and entertainment components. For more information, please visit www.SearsTower.com.

About US Equities Realty

US Equities Realty is a leading full-service commercial real estate firm headquartered in Chicago. The company serves as strategic real estate advisors to clients throughout the United States and in South America. Founded in 1978, US Equities is recognized for its highly skilled professional staff, broad-based capabilities and commitment to customer service. Each firm director is actively involved with clients with a “hands-on” approach that has become the hallmark of US Equities and a testament to the level of professionalism and attention brought to each assignment.

The company enjoys pre-eminent standing among the country’s top-tier real estate firms and has earned an outstanding reputation through exceptional performance by its four business groups: asset management and leasing services, development/program management services, investment and financial services, and real estate consulting services. For more information, please visit www.usequities.com.

About Microfield Group, Inc. and EnergyConnect, Inc.

EnergyConnect, Inc. is the leading provider of Energy Automation services. More than just demand response, EnergyConnect’s Energy Automation solutions proactively engage energy market participants, Independent System Operators, Regional Transmission Organizations and Electric Utilities. EnergyConnect is on the web at www.EnergyConnectInc.com.

Microfield Group combines selling wholesale services to regional power grids with traditional electrical contracting and design and integration of infrastructure for wind, solar and other distributed power systems. This combination provides the platform to be a contributor to the growing alternative energy industry and to provide business processes and software capabilities that link the adjustment of consumer energy consumption to the wholesale electric market. Microfield utilizes consumers of electricity to generate revenue from the regional grids and serves this market through proprietary software and models that enable consumers to adjust use, provide prices to determine beneficial actions, and automate all aspects of the process. Microfield is headquartered in Portland, Oregon, and its common stock is traded on the OTC Bulletin Board under the symbol “MICG.” Additional information about Microfield is available at www.microfield.com.

Forward-Looking Statements

This press release includes statements that may constitute “forward-looking” statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause or contribute to such differences that include, but are not limited to, competitive factors, the success of new products in the marketplace, dependence upon third party vendors, and the ability to obtain financing. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Contact:

Microfield Group, Inc.
Randy Reed, CFO, 503-419-3364
or
Cary Halsted, Investor Relations, 408-832-8063

Posted on Wednesday, May 16th, 2007 - Press Releases