For Immediate Release Contact: Jamie Wimberly
July 2, 2007 (202) 255-2860
DEFG’s Distributed Energy Stock Index (DESI) Records 55 Percent Gain To Mark Two-Year Anniversary
10 Percent Gain in Q2 2007 with Prime Movers Segment Leading the Way
Washington, DC … The Distributed Energy Financial Group LLC (DEFG, www.defgllc.com), a specialized consulting and financial services firm focused on the energy technology sector, announced the two-year anniversary and Q2 2007 quarterly results for the Distributed Energy Stock Index (DESI, pronounced Deh-Zee), an index of 42 publicly traded companies in the alternative energy space. Over the past two years, the DESI has recorded a 55 percent gain. For Q2 2007, the DESI gained 10 percent in the quarter.
“The DESI is outperforming benchmark indices by a huge, growing and sustained margin,” stated Jamie Wimberly, CEO of the Distributed Energy Financial Group. “For this past quarter alone, the DESI did three times better than the Russell 2000.”
“Quarter after quarter, the continued strong performance of the DESI is a testament to the DESI’s focus on companies that deliver an end-to-end value proposition to customers, emphasis on pure play companies, the vision of cross-over applications to manage other networks, meaning two bites at the apple for growth, and its fundamental-based structure keyed off revenue.”
The DESI is comprised of six market segments. The prime movers segment recorded a 17.5 percent gain. The demand management and renewable energy segments also performed well.
The DESI company leaders and laggards for Q2 2007 were:
Color Kinetics (CLRK) + 72.0 % Power One (PWER) -30.4 %
Echelon Corporation (ELON) + 48.3 % Pacific Ethanol (PEIX) -22.5 %
Beacon Power Corp (BCON) + 44.8 % Mechanical Technology (MKTY) -18.7 %
DEFG © 2007. Through the issuance of this press release, DEFG is not giving investment advice or any other advice.
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