Comverge Announces Filing of Registration Statement

EAST HANOVER, N.J.,-- Comverge, Inc. (Nasdaq: COMV), a leading clean energy company providing capacity through demand response and energy efficiency, announced today the filing of a registration statement on Form S-1 with the Securities and Exchange Commission for an offering of shares of its common stock. The offered shares will be sold by Comverge and certain selling stockholders. As set forth in the registration statement, we anticipate that the underwriters will be granted an over-allotment option to purchase additional shares. We plan to use the net proceeds from the offering to finance current and future capital requirements of our Virtual Peaking Capacity(TM) (VPC(TM)) contracts, to finance research and development, to fund any cash consideration for future acquisitions and for other general corporate purposes. We will not receive any proceeds from the sale of shares by selling stockholders. Link. Chart.