PowerSecure Announces Basil Briggs Retires as Chairman, Anthony Pell Assumes Post

PowerSecure International, Inc. today announced that Basil M. Briggs, 72, who has served as the non-executive Chairman of the Board of the Company since April 2007 and on the Board of Directors of the Company since 1991, has retired for health reasons. The Board has appointed Anthony D. Pell, an independent director who has served on the Board since 1994, and who also serves as the Chairman of the Audit Committee and a member of the Compensation and the Nominating and Corporate Governance Committees, to serve as the new non-executive Chairman of the Board. These changes are effective today.

Mr. Briggs said, “It has been a wonderful experience to be able to serve such a terrific Company with an outstanding future. I will dearly miss my role on PowerSecure’s Board, and being part of the PowerSecure team as the Company fulfills its terrific potential. However, after consulting with my doctor, it is clear that I must put ‘first things first’, and reduce my professional activities significantly to focus on my health, including retiring from the PowerSecure board and other boards with which I am affiliated. I wish the entire PowerSecure team continued success.”

“It is with great regret that we announce Mickey Briggs’ retirement. Mickey has been a sage voice of experience in Board matters since the Company’s inception and has been a real asset to the Company, its stockholders, and his fellow directors. We will miss him at our board meetings and we wish him the best,” said Mr. Pell.

Mr. Briggs had been serving on the Board’s Audit and Nominating and Corporate Governance Committees, and was a past Chairman of the Compensation Committee. The Company intends to begin a search for a new independent director to fill the vacancy resulting from Mr. Briggs’ retirement. Mr. Pell, the Company’s new non-executive Chairman of the Board, will continue his service as the Chairman of the Audit Committee as well as a member of the Compensation and Nominating and Corporate Governance Committees.

Sidney Hinton, PowerSecure’s Chief Executive Officer, said, “We have been wonderfully blessed to have Mickey Briggs on our Board since the beginning. His contributions are countless, and we will miss him, but we are also very happy that he will be taking this step to improve his personal health, and we support him one hundred percent. We are very pleased to have Tony Pell serve as our Chairman, and look forward to his continued contributions to our Board. His always thoughtful counsel and insight, as well as his background and expertise in the energy and financial services industries, will continue to be of a great benefit to the Company as we move forward.”

About PowerSecure

PowerSecure International, Inc. is focused on delivering value to utilities and their commercial, institutional, and industrial customers in the areas of Interactive Distributed Generation®, Utility Infrastructure, Energy Conservation and Efficiency, and Energy Services. PowerSecure’s core Distributed Generation business leads the energy management and conservation industry by enabling utilities avoid new investments in utility infrastructure for transmitting and distributing power, and locating the generation at business sites. PowerSecure is a pioneer in developing utility partnerships that provide utilities with dedicated electric power generation assets, and businesses with the most dependable standby power available in the industry. The Company’s intelligent Interactive Distributed Generation® monitoring systems, in conjunction with superior switching technology, manage load curtailment and peak demand to ensure that power is available when needed, and ensure maximum efficiencies are achieved. PowerSecure also provides utilities with regulatory consulting, power system and transmission engineering and construction, and conservation services, as well as providing businesses with energy efficiency products and services. The Company provides additional energy services to the oil and natural gas industry through its Southern Flow and WaterSecure business units. Additional information is available at www.powersecure.com.