Acorn Energy Announces Q3 2010 Results: Loss Per Share of $0.17

Acorn Energy, Inc. ACFN, an energy technology holding company, today announced its results for the third quarter and nine month period ended September 30, 2010. The Company also announced that it has entered into a binding letter of intent to sell its wholly-owned subsidiary Coreworx to the management of that business. For the third quarter, Acorn revenue increased 64% to $10.6 million and for the nine month period revenue increased 21% to $27.6 million compared to the corresponding 2009 periods. Loss Per Share of $0.17