Metretek, Incorporated Receives Substantial International Order

  
    
  
  
    
      Metretek, Incorporated (“Metretek 
      Florida”), a subsidiary of Metretek 
      Technologies, Inc. (Amex:MEK), announced that it has received 
      an order for its flagship DC2000 Automatic Meter Reading (AMR) software 
      system as well as several thousand of its high performance SIP brand of 
      cellular based, meter data loggers. The order, valued at approximately 
      $1.6 million in revenues, is scheduled for delivery during 2007 to a 
      natural gas distribution company based in Europe.
    
    
      The system will enable the user to read its entire base of industrial 
      customer meters within minutes via GSM/EDGE cellular and TCP/IP 
      technologies and to do this several times a day, thereby facilitating 
      multiple billing options for its customers. Joseph L. Harley, vice 
      president of Metretek Florida, noted that the order is from a new client 
      of the company. “Their decision to purchase 
      from Metretek Florida is gratifying indeed. We believe it represents 
      further validation of the merits of our best-in-class energy data 
      collection systems and the strength of our reputation for value both 
      inside and outside of North America,” said 
      Harley.
    
    
      “While we continue to demonstrate our 
      competitive strengths in the AMR market segment, the InvisiConnect™ 
      machine-to-machine (M2M) solutions we have derived from AMR products 
      like the SIP are bringing incremental sales opportunities to us from new 
      market segments,” Harley added.
    
    
      Data loggers are typically fitted to complex-tariff based utility meters 
      for the purpose of remotely, and in near real-time, reading and 
      transmitting consumption data to a host computer system. When coupled 
      with Metretek, Incorporated’s DC2000 data 
      collection and management software system (which features powerful event 
      notification, web publishing and TCP/IP communication), the Metretek SIP 
      will deliver a cost-effective, timely and seamless integration of data 
      into a utility’s enterprise, without the need 
      for wired communications networks or costly wireless network build-out.
    
    
      Metretek Technologies, Inc., through its subsidiaries — 
      Metretek, Incorporated; Southern Flow Companies, Inc.; and PowerSecure, 
      Inc. -- is a diversified provider of energy measurement products, 
      services and data-management systems to industrial and commercial users 
      and suppliers of natural gas and electricity. Additional information 
      about Metretek, Incorporated’s products and 
      services can be found at www.metretekfl.com.
    
    
      Safe-Harbor Statement:
    
    
      All forward-looking statements contained in this release are made 
      within the meaning of and pursuant to the safe harbor provisions of the 
      Private Securities Litigation Reform Act of 1995. Forward-looking 
      statements are all statements other than statements of historical facts, 
      including but not limited to statements concerning the projected 
      revenues from the project discussed in this press release and the 
      ability of Metretek Florida's products and services to provide the 
      intended benefits its customers; and all other statements concerning the 
      plans, intentions, expectations, projections, hopes, beliefs, 
      objectives, goals and strategies of management, including statements 
      about other future financial and non-financial items, performance or 
      events and about present and future products, services, technologies and 
      businesses; and statements of assumptions underlying the foregoing. 
      Forward-looking statements are not guarantees of future performance or 
      events and are subject to a number of known and unknown risks, 
      uncertainties and other factors that could cause actual results to 
      differ materially from those expressed, projected or implied by such 
      forward-looking statements. Important risks, uncertainties and other 
      factors include, but are not limited to, the risks, uncertainties and 
      other factors identified from time to time in the Company's Annual 
      Report on Form 10-K for the fiscal year ended December 31, 2005, as well 
      as in subsequent filings with the Securities and Exchange Commission, 
      including reports on Forms 10-Q and 8-K. Accordingly, there can be no 
      assurance that the results expressed, projected or implied by any 
      forward-looking statements will be achieved, and readers are cautioned 
      not to place undue reliance on any forward-looking statements. The 
      forward-looking statements in this press release speak only as of the 
      date hereof and are based on the current plans, goals, objectives, 
      strategies, intentions, expectations and assumptions of, and the 
      information currently available to, management. The Company assumes no 
      duty or obligation to update or revise any forward-looking statements 
      for any reason, whether as the result of changes in expectations, new 
      information, future events, conditions or circumstances or otherwise.
    
  
Metretek, Incorporated ("Metretek Florida"), a subsidiary of
Metretek Technologies, Inc. (Amex:MEK), announced that it has received
an order for its flagship DC2000 Automatic Meter Reading (AMR)
software system as well as several thousand of its high performance
SIP brand of cellular based, meter data loggers. The order, valued at
approximately $1.6 million in revenues, is scheduled for delivery
during 2007 to a natural gas distribution company based in Europe.

   The system will enable the user to read its entire base of
industrial customer meters within minutes via GSM/EDGE cellular and
TCP/IP technologies and to do this several times a day, thereby
facilitating multiple billing options for its customers. Joseph L.
Harley, vice president of Metretek Florida, noted that the order is
from a new client of the company. "Their decision to purchase from
Metretek Florida is gratifying indeed. We believe it represents
further validation of the merits of our best-in-class energy data
collection systems and the strength of our reputation for value both
inside and outside of North America," said Harley.

   "While we continue to demonstrate our competitive strengths in the
AMR market segment, the InvisiConnect(TM) machine-to-machine (M2M)
solutions we have derived from AMR products like the SIP are bringing
incremental sales opportunities to us from new market segments,"
Harley added.

   Data loggers are typically fitted to complex-tariff based utility
meters for the purpose of remotely, and in near real-time, reading and
transmitting consumption data to a host computer system. When coupled
with Metretek, Incorporated's DC2000 data collection and management
software system (which features powerful event notification, web
publishing and TCP/IP communication), the Metretek SIP will deliver a
cost-effective, timely and seamless integration of data into a
utility's enterprise, without the need for wired communications
networks or costly wireless network build-out.

   Metretek Technologies, Inc., through its subsidiaries -- Metretek,
Incorporated; Southern Flow Companies, Inc.; and PowerSecure, Inc. --
is a diversified provider of energy measurement products, services and
data-management systems to industrial and commercial users and
suppliers of natural gas and electricity. Additional information about
Metretek, Incorporated's products and services can be found at
www.metretekfl.com.

   Safe-Harbor Statement:

   All forward-looking statements contained in this release are made
within the meaning of and pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are all statements other than statements of historical
facts, including but not limited to statements concerning the
projected revenues from the project discussed in this press release
and the ability of Metretek Florida's products and services to provide
the intended benefits its customers; and all other statements
concerning the plans, intentions, expectations, projections, hopes,
beliefs, objectives, goals and strategies of management, including
statements about other future financial and non-financial items,
performance or events and about present and future products, services,
technologies and businesses; and statements of assumptions underlying
the foregoing. Forward-looking statements are not guarantees of future
performance or events and are subject to a number of known and unknown
risks, uncertainties and other factors that could cause actual results
to differ materially from those expressed, projected or implied by
such forward-looking statements. Important risks, uncertainties and
other factors include, but are not limited to, the risks,
uncertainties and other factors identified from time to time in the
Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2005, as well as in subsequent filings with the
Securities and Exchange Commission, including reports on Forms 10-Q
and 8-K. Accordingly, there can be no assurance that the results
expressed, projected or implied by any forward-looking statements will
be achieved, and readers are cautioned not to place undue reliance on
any forward-looking statements. The forward-looking statements in this
press release speak only as of the date hereof and are based on the
current plans, goals, objectives, strategies, intentions, expectations
and assumptions of, and the information currently available to,
management. The Company assumes no duty or obligation to update or
revise any forward-looking statements for any reason, whether as the
result of changes in expectations, new information, future events,
conditions or circumstances or otherwise.