|
October 8, 2007 Contact: Jamie Wimberly
For Immediate Release (202) 483-4443
DEFG’s Distributed Energy Stock Index (DESI) Reaches New High, Up 5.5% in Q3
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, released Q3 results today of the Distributed Energy Stock Index (DESI, pronounced Deh-Zee), an index of 42 publicly traded companies in the alternative energy space. For Q3, the DESI increased 5.5 percent. The DESI has posted four consecutive quarterly gains, a 32 percent gain from one year ago.
“Coming out of Q2 and at the beginning of Q3, the markets were undergoing an adjustment and the DESI lost some of its value,” stated Jamie Wimberly, CEO of the Distributed Energy Financial Group. “However, the DESI has posted strong growth during the past six weeks and a gain for the third quarter. The gap between the DESI and the Russell 2000 Index is widening.”
The DESI is comprised of six market segments. The Prime Movers segment and Demand Management segment showed the best growth in Q3.
The DESI company leaders and laggards for Q3 were:
Echelon Corporation (ELON) + 60.0 % Electro Energy Inc. (EEEI) - 72.7 %
Beacon Power Corp. (BCON) + 56.3 % Environmental Power Corp. (EPG) - 40.8 %
O2Micro International (OIIM) + 39.7 % Fuel-Tech Inc. (FTEK) - 35.5 %
DEFG © 2007. Through the issuance of this press release, DEFG is not giving investment advice or any other advice.
- 30 - | 
