Acorn Energy Sells Its 25% Interest in HangXing International Automation Engineering for $492K

Acorn Energy, Inc.

announced today that the company has sold its 25% interest in HangXing International Automation Engineering Co. Ltd. back to the majority owner, China Aero-Polytechnology Establishment for $492,000. HangXing is a value-added reseller for programmable logic controller based industrial automation systems for steel manufacturing.