CoaLogix a Finalist for the 2008 Global Energy Awards
Posted on: Thursday, 9 October 2008, 15:00 CDT
MONTCHANIN, Del., Oct. 9 /PRNewswire-FirstCall/ -- Acorn Energy, Inc. today announced that one of its operating companies, CoaLogix, is a finalist for the Commercial Technology of the Year and Rising Star in the 2008 Platts Global Energy Awards.
Established in 1999 and often referred to as the "Oscars of Energy," the Platts Global Energy Awards recognize innovation, leadership, and superior performance in more than a dozen categories spanning the entire energy industry.
The Commercial Technology award goes to companies that have shown excellence in the use of technology for efficiency and business processes, as well as proving emissions reductions, usability and success. Along with CoaLogix, other nominees include CNOOC, EnerNOC, Inc., Lennox Industries, Salt River Project and Southern California Edison. The Rising Star Award honors companies that, in a short time, have made a major impact on their industry.
"It is an honor to be a finalist for these prestigious awards and to be recognized as a leader in our industry," said Bill McMahon President and CEO of CoaLogix. "We believe that CoaLogix's technologies and employees are having a significant impact on the world energy industry through a holistic approach to reducing the environmental footprint of coal and gas fired power plants."
John Moore, President and CEO of Acorn said, "Ever since the company's inception, customers have been telling CoaLogix that their solution is making a difference in their business operations and in the environment. It's nice to hear a prestigious organization such as Platt echo those accolades."
About CoaLogix
CoaLogix owns SCR-Tech LLC and MetalliFIX LLC. SCR-Tech is the leading provider of SCR management and catalyst regeneration technologies for selective catalytic reduction (SCR) systems used by coal and gas fired power plants to reduce nitrogen oxides (NOx) emissions. SCR-Tech integrates leading edge technologies, a highly skilled workforce, and more than 100 years of combined experience in the environmental and power generation industries to provide innovative, cost-effective SCR catalyst management and regeneration services that help our customers achieve and maintain compliance with increasingly stringent NOx regulations. MetalliFIX is focused on mercury removal and remediation in coal-fired plants.
About Acorn Energy, Inc.
Acorn Energy, Inc. is a publicly traded holding company focused on two goals: improving the efficiency of the energy grid and reducing the environmental impact of the energy sector. Our operating companies leverage advanced technologies to transform the existing energy infrastructure. Acorn's strategy is to take primarily controlling positions in companies led by great entrepreneurs and add value by supporting those companies with marketing, strategy and business development. Acorn Energy is a global company with equity interests in CoaLogix, Comverge, Coreworx, DSIT, Gridsense, Local Power and Paketeria. For more information visit http://www.acornenergy.com/.
CONTACT: John A. Moore Acorn Energy, Inc. (302) 656-1707 jmoore@acornenergyinc.com
Acorn Energy, Inc.
CONTACT: John A. Moore of Acorn Energy, Inc., +1-302-656-1707,jmoore@acornenergyinc.com
Web Site: http://www.acornenergy.com/
Source: PRNewswire-FirstCall
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