Tecogen to Present at Drexel Hamilton Emerging Growth Conference
Current sales backlog near $14 million
WALTHAM, Mass., Nov. 23, 2016 /PRNewswire/ -- Tecogen® Inc. (NASDAQ: TGEN), provider of clean energy products which, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint, today announced that John Hatsopoulos, Co-Chief Executive Officer, and Ariel Babcock, Director of Investor Relations and Corporate Communications, will attend the Drexel Hamilton Emerging Growth Conference on Thursday, December 1, 2016. Held at Drexel Hamilton's New York City headquarters at 77 Water Street, Mr. Hatsopoulos will present at 1:00 p.m. and will be available for one-on-one meetings throughout the day.
"2016 has been a banner year for Tecogen. Management's initiatives have been delivering strong sales and backlog growth, demonstrated by our current backlog near $14 million (which excludes contracted annual service revenue). With the recent announcement of the acquisition of long-time on-site utility affiliate American DG Energy (NYSE MKT: ADGE), the turn toward profitability which was demonstrated by our compelling third quarter results (detailed here), and the significant progress we are making with our emissions development work, it's an exciting time to be a Tecogen shareholder. I welcome the opportunity to share the details of these recent developments with the audience at Drexel Hamilton's conference," said Mr. Hatsopoulos.
More information about the Drexel Hamilton Conference can be found by visiting http://drexelhamilton.com/research/conferences/.
About Tecogen
Tecogen® Inc. designs, manufactures, sells, installs, and maintains high efficiency, ultra-clean, cogeneration products including natural gas engine-driven combined heat and power, air conditioning systems, and high-efficiency water heaters for residential, commercial, recreational and industrial use. The company is known for cost efficient, environmentally friendly and reliable products for energy production that, through patented technology, nearly eliminate criteria pollutants and significantly reduce a customer's carbon footprint.
In business for over 20 years, Tecogen has shipped more than 2,300 units, supported by an established network of engineering, sales, and service personnel across the United States. For more information, please visit www.tecogen.com or contact us for a free Site Assessment.
Tecogen, InVerde, Ilios, Tecochill, Ultera, and e+, are registered trademarks or trademark pending registration of Tecogen Inc.
Forward Looking Statements
This press release may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. Important factors could cause actual results to differ materially from those indicated by such forward-looking statements, as disclosed on the Company's website and in Securities and Exchange Commission filings. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its website or otherwise. The Company does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Tecogen Media & Investor Relations Contact Information: |
|
Ariel F. Babcock, CFA |
John N. Hatsopoulos |
P: (781) 466-6413 |
P: (781) 622-1120 |
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SOURCE Tecogen Inc.
Released November 23, 2016