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Microfield Group Announces Engagement of Trilogy Capital Partners to Spearhead Financial Marketing and Investor Relations Initiatives Thursday October 18, 8:00 am ET Trilogy to Drive Investor Awareness in U.S. and Global Communities for Company's Next-Generation Alternative Energy Operations
PORTLAND, Ore.--(BUSINESS WIRE)--Microfield Group, Inc. (OTCBB:MICG) today announced that it has engaged leading investor relations firm Trilogy Capital Partners to manage financial communications, drive investment community visibility and support the Company’s core commitment of building shareholder value. ADVERTISEMENT
"Given Microfield’s emergence as a leader in the Alternative Energy space, one of the most important and exciting sectors in today’s global economy, we believe this is the proper time to enhance our profile in the equities market," said Rod Boucher, Chief Executive Officer of Microfield Group. "Trilogy brings us substantial market insight and a proven track record helping emerging growth firms to generate increased investor community awareness. At this point in our corporate development, Trilogy represents the ideal strategic relationship."
Trilogy's responsibilities under the agreement include ongoing contact with prospective investors and the brokerage community, dissemination of news, research and information to Microfield’s current shareholders, as well as outreach and special presentations to institutional investors and others in the financial community.
"Microfield is a unique company addressing a critical but largely untapped segment of the energy and cleantech sector with a compelling, high-growth business model," said Ryon Harms, President of Trilogy Capital Partners. "We look forward to working directly with Rod and his team to generate worldwide investment community. Our mission is clear: create mass visibility to help build value for Microfield shareholders."
Microfield helps large businesses and institutions generate new revenue through transactions with the wholesale energy markets, while simultaneously boosting energy conservation–without sacrificing functionality–by optimizing energy usage through a broad range of advanced services and products. The Company’s customers include commercial campuses and large office buildings, universities, government facilities, education, health care and other major institutions. Microfield’s services include the installation of advanced electrical systems, products and services, and in transactions between consumers of electricity and the wholesale market. The Company’s mission is to leverage its assets and value to successfully build a viable, profitable, and sustainable transaction-based electrical services and technology infrastructure business.
About Microfield Group, Inc.
Microfield Group combines selling wholesale services to regional power grids with traditional electrical contracting and design and integration of infrastructure for wind, solar and other distributed power systems. This combination provides the platform to be a contributor to the growing alternative energy industry and to provide business processes and software capabilities that link the adjustment of consumer energy consumption to the wholesale electric market. Microfield utilizes consumers of electricity to generate revenue from the regional grids and serves this market through proprietary software and models that enable consumers to adjust use, provide prices to determine beneficial actions, and automate all aspects of the process. Microfield is headquartered in Portland, Oregon, and its common stock is traded on the OTC Bulletin Board under the symbol "MICG." Additional information about Microfield is available at www.microfield.com.
Forward-Looking Statements
This press release includes statements that may constitute "forward-looking" statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause or contribute to such differences that include, but are not limited to, competitive factors, the success of new products in the marketplace, dependence upon third-party vendors, and the ability to obtain financing. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
Contact: Microfield Group, Inc. Chief Financial Officer Randy Reed, 503-419-3364 or Trilogy Capital Partners Financial Communications: Ryon Harms, 800-592-6067 ryon*trilogy-capital.com
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Microfield Group Appoints Phil Harris, Retired CEO and Chairman of PJM Interconnection, as Director; A. Mark Walter Resigns as Director Thursday October 18, 8:15 am ET
PORTLAND, Ore.--(BUSINESS WIRE)--Microfield Group, Inc. (OTCBB:MICG) announced today that the Board of Directors of MICG appointed Phillip G. Harris to serve on its Board of Directors, effective immediately. ADVERTISEMENT
Mr. Harris has over thirty (30) years of energy industry experience. Most recently, Mr. Harris retired from his positions as president and chief executive officer of PJM Interconnection and chairman of the PJM Board. PJM, the nation’s first fully functioning regional transmission organization, administers the world’s largest energy market and operates the world’s largest electricity grid.
Mr. Harris has served as a member of the North American Electric Reliability Council’s (NERC) Board of Trustees. He also is a member of the National Association of Corporate Directors, serving on its Corporate Advisory Committee. In 2005, Mr. Harris was named CEO of the Year by Platts Global Energy Awards, becoming the first chief executive from his industry to receive the honor.
The company also announced that A. Mark Walter, President of Microfield Group, Inc. and Christenson Electric, Inc. resigned from the board of directors, effective October 12, 2007.
About Microfield Group, Inc.
Microfield Group combines selling wholesale services to regional power grids with traditional electrical contracting and design and integration of infrastructure for wind, solar and other distributed power systems. This combination provides the platform to be a contributor to the growing alternative energy industry and to provide business processes and software capabilities that link the adjustment of consumer energy consumption to the wholesale electric market. Microfield utilizes consumers of electricity to generate revenue from the regional grids and serves this market through proprietary software and models that enable consumers to adjust use, provide prices to determine beneficial actions, and automate all aspects of the process. Microfield is headquartered in Portland, Oregon, and its common stock is traded on the OTC Bulletin Board under the symbol “MICG.” Additional information about Microfield is available at www.microfield.com.
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