September 15, 2006—In a move that reflects the company’s goal to become the nation’s premier energy efficiency solutions and technology provider, Electric City Corp. announced it is changing its name to Lime Energy, using letters from its new energy savings corporate tagline, “Less Is More Efficient.”
The company, based in Elk Grove Village, Illinois, has applied for a new ticker symbol which will reflect its name change and hopes to begin trading under a new symbol next week. An announcement will be made once the new ticker symbol is issued.
As part of the name change, Lime Energy, the parent company, will encompass two operating subsidiaries; Parke Industries, which will operate as Parke Industries, a Lime Energy company and Maximum Performance Group (MPG), which will operate as Maximum Performance Group, a Lime Energy company.
To reflect all of these changes, the company has launched a new Web site. Existing websites for Parke Industries, MPG and Electric City now will be directed to the new Lime Energy integrated Web site.
