SOURCE: Atlantic Energy Solutons

November 18, 2008 09:15 ET

Energy Efficiency Project Due to Begin for NYS School District

SARATOGA SPRINGS, NY--(Marketwire - November 18, 2008) - Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) is announcing that a contracted energy efficiency project with a Southern New York State School District is due to begin before year end. The project, awaiting final New York State Education Department (NYSED) approval, is expected for release in mid December with measures that include lighting system upgrades, window replacements, building envelope weatherization, and transformer replacement. Atlantic Energy Solutions recommended the school use Efco series windows using high effeciency low thermal Low-e glass for a more "green" approach to their energy savings.

The District will realize a reduction in annual energy costs of $33,000. With the addition of state financial assistance the District will benefit from a positive cash flow over the 18 year term of the savings agreement.

"It's very exciting to be assisting another school district with their plans for capital improvements and energy savings," said Tim Brock, CEO of Atlantic Energy Solutions. Mr. Brock went on to say, "In addition to making an important contribution to the environment, we have created the added benefit of a positive cash flow for their school budget. This will undoubtebly help lighten the taxpayers' burden in the school district. As for our shareholders, I am very happy to announce that this project will increase our revenues to what has already been a record breaking year for Atlantic Energy Solutions."

About Atlantic Energy Solutions, Inc.

Atlantic Energy Solutions is a globally accredited Energy Efficiency and Resource Company and member of NAESCO (www.Naesco.org) that identifies, implements and finances energy efficiency projects designed to improve the overall efficiency of energy, water usage and renewable resources, reducing our dependency on foreign oil and diminishing our carbon footprint. Headquartered in Saratoga Springs, NY and with a satellite office in Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to boaster savings at the consumer level.

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. Those statements include statements regarding the intent, belief or current expectations of Atlantic Energy Solutions Inc., and members of its management as well as the assumptions on which such statements are based. 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-statements include, but are not limited to, 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 any forward-looking statements.

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