Energy Edge Lands Lockheed Martin Energy Efficiency Project

BRIDGEWATER, N.J., Dec. 20, 2011 /PRNewswire/ -- Energy Edge Technologies Corporation (OTCBB: EEDG) has announced the completion of an energy efficiency contract with Lockheed Martin. The project, which guarantees annual energy savings for Lockheed Martin, was done in partnership with Energy Edge and its strategic partner, Green Energy Services. The project involved a full Building Automation System and the retrofitting of more than 400 metal halide fixtures from low efficiency to high efficiency fluorescent applications.  The project has an 18 month payback after utility rebates and federal tax deductions, yielding an annual 67% ROI for Lockheed Martin.

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"The adoption of energy efficiency projects continues to gain popularity throughout the country and we are quickly reaping the benefits," said Robert Holdsworth, President of Energy Edge. "Companies that invest in our guaranteed energy savings projects have realized an extremely healthy ROI, lower overhead and improved profit margins, along with significant reductions in their carbon footprint."

Other industry leaders to jump on board with Energy Edge as new customers include:  

Benjamin Moore & Co--The 128 year old, Berkshire Hathaway owned paint manufacturer, has contracted with Energy Edge for energy engineering services at their New Jersey plant.

Suncoast Federal Credit Union--The largest credit union in Florida and eighth largest in the United States, has signed with Energy Edge for a whole facility energy cost reduction project.

Landmark Center--This large Boston, MA commercial center that was formerly the Sears, Roebuck and Co. mail order facility and is listed on the National Register of Historic Places, has hired Energy Edge for a full lighting retrofit of their five story parking garage.

Key Food -- The New York based supermarket has employed Energy Edge for storewide energy efficiency upgrades to improve profit margins.

"Our customers are quick to recognize the ecological and economic imperative of reducing their energy consumption and our unique ability to guarantee and insure their savings and ROI makes working with Energy Edge a no-brainer," stated Holdsworth.  "We are very proud to have the opportunity to serve and establish ourselves with such well-known giants in their respective fields and we look forward to expanding our relationship with all of them."  

For more information about Energy Edge Technologies Corporation (OTCBB: EEDG) please visit www.energyet.com.

Contact: Sandy Mascia
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Forward Looking Statements

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully, and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events, or changes to future operating results.

SOURCE Energy Edge Technologies Corporation