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Acorn Energy (ACFN)

Website: www.acornfactor.com

Making the World a Better Place

Overview

Acorn Energy (Nasdaq: ACFN) is a holding company focused on improving the efficiency of the energy grid and reducing the environmental impact of the energy sector. Acorn Energy's 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 three listed companies: 1,762,391 shares (8.6%) of Comverge (listed on the Nasdaq Global Market), 407,000 shares (31.4%) of Paketeria AG (listed on the Frankfurt Stock Exchange), and 15,714,285 shares (22.4%) of GridSense (listed on the TSX Venture Exchange). Acorn also has controlling or significant interests in three private companies: CoaLogix, (100%); DSIT (72%); and Local Power (10%).

ACFN Investor Highlights

The Company recently created CoaLogix, Acorn's new platform for participating in the burgeoning market for clean coal solutions and acquired SCR-Tech, a leader in catalyst cleaning and regeneration for coal and other fossil fueled plants in November, 2007.
Acorn Energy completed its acquisition of a significant minority interest in GridSense in January 2008, providing the Company a strong foothold in Asia and the emerging field of remote monitoring and control systems for electrical utilities.
In January 2008, the Company completed the redemption of its outstanding convertible debentures and as a result has virtually no debt.
In February 2008, the ACFN's DSIT subsidiary, a leader in the field of threat detection for underwater energy infrastructure, announced $1.4 million in new contracts involving the integration of subsystems developed by DSIT into systems built by customers and opportunities to expand the projects in the future.
The CoaLogix subsidiary announced in March that in the first two months of 2008 it had secured new contracts from major U.S. utilities potentially representing more than twice its entire 2007 sales.
Signed a letter of intent in March 2008 to acquire Software Innovation, the developer of Coreworx(TM), a world-leading software tool for collaboration for energy and other infrastructure for capital projects.
Recently announced that its DSIT subsidiary has been awarded new development and production projects at a total value of approximately US $900,000.
ACFN has virtually no debt and approximately $13.6 million in unrestricted cash.
Acorn Energy now owns significant interests in three listed companies: 1,762,391 shares (8.6%) of Comverge (listed on the Nasdaq Global Market), 407,000 shares (31.4%) of Paketeria AG (listed on the Frankfurt Stock Exchange); and 15,714,285 shares (22.4%) of Gridsense (listed on the TSX Venture Exchange). Acorn also has controlling or significant interests in three private companies: CoaLogix, (100%); dsIT (72%); and Local Power (10%).