Acorn Energy Initiates Quarterly Dividend of $0.035 and Special Year-End Dividend of $0.05

Acorn Energy, Inc. ACFN today announced at its annual meeting held today at the Union League Club in New York City, that the Board of Directors has approved the payment of a quarterly dividend of $0.035 per share and a 2011 year-end declaration of a special dividend of $0.05 per share. The quarterly dividend will be paid on November 28, 2011 to common shareholders of record on November 16, 2011. The special year-end dividend will be paid in January 2012 to stockholders of record on December 30, 2011.