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Comverge Announces Development of Second 'Virtual Peaking Capacity(TM)' Program 30 MW Contract Signed With San Diego Gas & Electric Company FLORHAM PARK, N.J. and ATLANTA, Oct. 28 /PRNewswire/ -- Comverge, Inc. announced today that it has signed a long-term Virtual Peaking Capacity(TM) contract to provide significant peak load reduction to San Diego Gas & Electric Company, a division of Sempra Energy . The contract is subject to the approval of the Public Utilities Commission of California. Comverge, a leading energy intelligence company, recently announced a major equity funding by a broad investor group including: Nth Power, EnerTech Capital, Data Systems & Software, Inc. , E.ON Venture Partners GmbH , Ridgewood Capital, Easton Hunt Capital Partners, L.P., Norsk Hydro Technology Ventures and Shell Internet Ventures, an affiliate of the Royal Dutch/Shell Group of Companies . Under the Virtual Peaking Capacity(TM) program, Comverge will install, own and operate a load management system marketed to SDG&E's small and medium-sized commercial customers and designed to provide significant peak period demand relief to SDG&E. The available demand reduction is targeted at 30 MW by 2007. The program is a key component of SDG&E's long-term resource plan first announced in April 2003. Joseph Esteves, Executive Vice President of Comverge in charge of its Virtual Peaking Capacity(TM) business, said, "We are very pleased to be participating in SDG&E's ongoing program to provide reliable, cost-effective power to its customers in Southern California. We are very bullish on our VPC business and note that this SDGE award was granted along side awards for traditional generation resources. We are accomplishing our goal of packaging demand response in such a way that clearly demonstrates its cost-effectiveness. And, we are gratified by the confidence SDG&E has shown in Comverge and our unique Virtual Peaking Capacity(TM) solution. This occasion marks our second VPC program announcement this year." Robert M. Chiste, Comverge's Chief Executive Officer added, "We take note that newly elected Governor Schwarzenegger has made demand response programs a cornerstone of his California energy policy stating that he 'encourage(s) cost-effective conservation by increasing demand response to changing electricity markets.' We believe that demand response offers a superior, environmentally clean means of achieving that goal. In addition, our Virtual Peaking Capacity(TM) program allows energy providers to focus on what they do best, which is to provide reliable energy, while Comverge's expertise is focused on peak demand management. We will continue to pursue similar innovative demand management programs in California and other states employing progressive energy policies." About Comverge, Inc. Comverge, Inc., The Power in Power Technology(TM) has more than 500 energy supplier clients worldwide. Comverge has offices, research facilities, representatives and agents located in Florham Park, New Jersey; Atlanta, Georgia; Pensacola, Florida; Newark, California; and Tel Aviv, Israel. The Company's PowerCAMP(TM) Group provides End-to-End Energy Intelligence(TM) software solutions. Comverge's Technologies Group provides integrated solutions for direct or voluntary load control programs, remote automated meter reading, price-responsive programs, time-of-use billing, distributed generation monitoring, and more. Comverge's Enterprise Group provides innovative outsourcing solutions including Virtual Peaking Capacity(TM) programs (owned and operated load control systems), negawatt contracts, and joint ventures. For more information visit http://www.comverge.com/. Media Contact At Comverge, Debbie Nygren, Assistant to CEO, 713.562.6257, DATASOURCE: Comverge, Inc. CONTACT: Debbie Nygren of Comverge, Inc., +1-713-562-6257, Web site: http://www.comverge.com/

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