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DEFG's Distributed Energy Stock Index (DESI) Ends First Year With 17 Percent Gain; Five Companies Added To DESI

Posted on: Thursday, 6 July 2006, 09:01 CDT

The Distributed Energy Financial Group LLC (DEFG, www.defgllc.com), a specialized consulting and financial services firm focused on the energy technology sector, released the first year results today of the Distributed Energy Stock Index (DESI, pronounced Deh-Zee) which was launched in July 2005. The DESI performed strongly with a 17 percent gain for the entire year, outperforming all the major benchmark indices by a wide margin over the same period. For Q2 2006, the DESI lost 6 percent for the quarter, even after reaching a record high in May.

"The DESI had a good year overall, especially the renewable energy segment with a 76 percent gain for the year, and the steady upward progress exhibited by the prime movers and project developers segment," stated Jamie Wimberly, CEO of the Distributed Energy Financial Group. "But as indicated by the Q2 results, a roller coaster ride of volatility is expected over the next year. The alternative fuels segment, for example, gained 60 percent in the early part of Q2, and then had loss almost all the gains by the end of the quarter."

The DESI Index Committee added five new companies and dropped one company, bringing the total from 38 companies to 42 companies organized into six segments. The new companies in the DESI (with the segments they are in the DESI) are:

-- Andersons (ANDE), Alternative Fuels and Fuel Cells

-- Magnetek, Inc. (MAG), Enabling Technologies

-- Ormat Technologies (ORA), Prime Movers and Project Developers

-- Pacific Ethanol (PEIX), Alternative Fuels and Fuel Cells

-- SunPower Corporation (SPWR), Renewable Energy

The DESI leaders and laggards for the first year of the DESI (Q3 2005 through Q2 2006) were: Metretek Technologies (MEK) + 502.8% Andersons (ANDE) + 134.0% Pacific Ethanol (PEIX) + 131.9% Electro Energy (EEEI) -66.7% O2 Micro International (OIIM) -45.1% Quantum Fuel Systems Tech (QTWW) -32.0%

DEFG (C) 2006. Through the issuance of this press release, DEFG is not giving investment advice or any other advice.

Source: Business Wire

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