Microfield’s EnergyConnect Continues to Expand
PORTLAND, OR–(BUSINESS WIRE)– Microfield Group, Inc. (”Microfield”) (OTCBB: MICG - News) today announced that due to rapid growth, its subsidiary EnergyConnect, Inc. has promoted Bill Munger to Vice President of Participant Operations.
Mr. Munger will continue in his current position of Vice President of Human Resources for Microfield and its subsidiaries. Bill was formerly with Intel Corporation as Human Resources Manager for Sales and Marketing. Bill has a Bachelor of Business from Western Illinois University and an MBA from the Kellogg Graduate School at Northwestern University.As Vice President of Participant Operations, Bill will be responsible for the Account Management, System Integration and Engineering Teams. Gene Ameduri, President of EnergyConnect, said, “Bill’s interpersonal and training skills and his business experience provide an excellent background to continue to build the support team for Participant Operations. This will enhance the revenue potential for our existing base of business as well as the many participants that we are adding every week.”
Rod Boucher, CEO of Microfield, noted, “The rapid expansion of electric consumers participating in EnergyConnect programs has resulted in new staffing focused entirely on enhancing the experience and value for each participant. Bill will manage and expand this team of professionals that will help each account achieve its greatest potential. Our goal is to make it easy and predictable for each of our accounts by managing the complexities and risks of the wholesale electric market within the EnergyConnect platform.”
About 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.
About Microfield Group, Inc.
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
Posted on Wednesday, September 5th, 2007 - Press Releases