Feb. 23, 2011
-- World Energy Solutions, Inc. (Nasdaq:XWES)
announced financial results for the fourth quarter and fiscal year ended December 31, 2010. In Q4 2010, World Energy delivered its second straight quarter of net income -- doubling earnings per share from Q3 2010 to $0.04 per share -- on record revenue and record backlog. "World Energy had an outstanding 2010," said Richard Domaleski, CEO of World Energy Solutions. "We achieved 23 percent revenue growth -- and have now tripled the size of the Company over the last four years; we successfully entered new markets and expanded our product line to include demand response; and we secured several key Government contracts up for renewal in the period, a group that includes our largest customer, the Federal Government, and accounts for approximately 40 percent of our total backlog.
World Energy Solutions, Inc., an energy and environmental commodities brokerage company operates as an energy management services company that applies a combination of people, process, and technology to help listers manage energy as a strategic asset.
GreenHouse Holdings, Inc. (OTC Bulletin Board:GRHU.OB)
executed a letter of intent with Hinds Community College to construct and manage a $2.9 million Anti-Terrorism Tactical Training Center in Jackson, Mississippi that would provide local law enforcement personnel with a state-of-the-
art training and sustainable firing range facility and which would serve as a best practices model for such facilities in small cities and towns across the United States. The project is subject to the execution of a definitive agreement.
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