News Column

Lime Energy Appoints Mary Colleen Brennan as Chief Financial Officer

April 28, 2014



HUNTERSVILLE, N.C.--(BUSINESS WIRE)-- Lime Energy Co. (NASDAQ: LIME), a leader in designing and implementing energy efficiency programs for utilities, announced that Mary Colleen Brennan will be joining the company as Chief Financial Officer. Ms. Brennan will become Chief Financial Officer following the departure of Jeffrey Mistarz, who will be leaving the Company following the filing of the Company's quarterly report for the first quarter of 2014, which is anticipated to occur the week of May 12, 2014.

"We are excited that Colleen is joining the Lime Energy team," said Adam Procell, Lime Energy President and Chief Executive Officer. “Colleen is a seasoned finance and accounting executive whose experience in engineering, construction and the energy industry make her a great fit for Lime. With her leadership, we will position Lime Energy for continued growth and progress towards our strategic goals in providing the highest level of accountability, transparency, and performance for our utility partners."

Ms. Brennan comes to Lime with over 20 years of experience as a senior-level Accounting, Finance and Operations professional. Prior to Lime Energy, Ms. Brennan spent nearly a decade as the Chief Financial Officer and Treasurer of Halcrow, Inc., and predecessor firm Han-Padron Associates, LLP. Halcrow is the US subsidiary of Halcrow Group LTD, UK, a $1 billion design engineering firm. Prior, she was Director of Finance and Group Controller for a $500 million business unit of Telcordia Technologies, Inc. She also served in several senior accounting positions with Burns and Roe Enterprises, Inc., a leading energy industry engineering and construction company. Ms. Brennan is a certified public accountant in the State of New Jersey.

About Lime Energy Co.

Lime Energy is building a new energy future. As a leading national provider of energy efficiency for utilities’ small business customers, Lime designs and implements direct install programs for our utility clients which have consistently exceeded program savings goals. Our award-winning, integrated services programs provide utilities with reliable energy efficiency resources while delivering the highest levels of customer satisfaction. This next generation approach is helping utilities across the country to go deeper and broader with the cheapest, cleanest and fastest energy resource that we have – energy efficiency.


FORWARD-LOOKING STATEMENTS

This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Lime Energy’s current expectations about its future results, performance, prospects and opportunities. Lime Energy has tried to identify these forward-looking statements by using words and phrases such as “may,” “expects,” “anticipates,” “believes,” “intends,” “estimates,” “plan,” “should,” “typical,” “preliminary,” “hope,” or similar expressions. These forward-looking statements are based on information currently available to Lime Energy and are subject to a number of risks, uncertainties and other factors that could cause Lime Energy’s actual results, performance, prospects or opportunities in the remainder of 2014 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks and uncertainties are described in Lime Energy’s most recent Annual Report on Form 10-K or as may be described from time to Lime in Lime Energy’s subsequent SEC filings; such factors are incorporated herein by reference.




Lime Energy Investor Relations

Timothy Lewis, 704-892-4442

investorrelations@lime-energy.com

Source: Lime Energy


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