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  September 5, 2001
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Home > Company Index > Manufacturing > Miscellaneous Electrical Products > Electric City Corp.

Electric City Corp.
AMEX: ELC
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 PROFILE
Let there be light, Electric City says, but let there be less cost associated with it. Although it derives most of its sales from electrical switchgear and distribution panels, Electric City's newest offering, the EnergySaver, is its fastest-growing product line. EnergySaver is a voltage regulation system that allows lights to work at the lower end of their voltage range, thus saving electricity. The system is used for the lighting of streets and parking lots. Electric City also has increased the size of its switchgear and distribution panel business through acquisitions. Former CEO Joseph Marino own 29% of the company; Victor Conant (CEO of motivational tape publisher Nightingale-Conant) owns 15%.

 COMPETITION
Eaton Corporation (ETN)
GE Industrial Products and Systems (dossier)
Siemens AG (SI)

 DEALS
Deal: Electric City and Global Broadband Enter Marketing Pact
Date Announced: 05.07.01
Value of transaction (US $Mil): Not Disclosed
Description: Energy-saving techology company and optical networking technology firm to jointly market their services.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7.20
1-Yr. Sales Growth: 166.7%
Employees: 122
Revenue per employee: $59,016.39

 KEY PEOPLE
• John P. Mitola
    CEO
• Jeffrey R. Mistarz
    CFO

 CONTACT INFO
1280 Landmeier Rd.
Elk Grove Village, IL 60007
US
Phone: 847-437-1666
Fax: 847-437-4969
Online: Web Site

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