PowerSecure to Sell Southern Flow Unit

PowerSecure International, Inc. POWR today announced it has entered into an agreement to sell its Southern Flow subsidiary, enhancing the Company's focus on its core Energy and Smart Grid Solutions business. Under the terms of the agreement, Zedi, Inc. through its wholly-owned subsidiary will purchase 100% of the stock of Southern Flow Companies, Inc. for $15.550 million. The Company expects the transaction to close in January, 2011, after financing and credit facility arrangements have been completed for both Zedi and PowerSecure, and customary closing conditions have been completed.