Metretek Technologies Confirms Publix as Source of Previously Announced $50 Million in New Business

  
    
  
  
    
      Citing a press release issued yesterday by Publix Super Markets, Inc. 
      (OTCBB:PUSH), Sidney Hinton, president and chief executive officer of 
      Metretek Technologies, Inc. (AMEX:MEK), confirmed that Publix is the 
      source of $50 million in new business announced on March 26, 2007 by 
      PowerSecure, Inc., a wholly owned subsidiary of Metretek Technologies.
    
    
      According to the Publix press release, the company will expand its 
      generator program to cover all of its Florida locations where the 
      installation of distributed generation systems is reasonable and 
      practical. "PowerSecure has worked hard to earn the trust, respect and 
      confidence of Publix during the implementation of earlier phases of the 
      program," said Hinton, "and we are gratified to see Publix reciprocate 
      by identifying PowerSecure and awarding it this additional work.
    
    
      "Publix is making a significant investment to serve its customers and 
      communities, and this expansion means that — 
      where reasonable and practical — all Publix 
      locations in Florida will now have a full generating system encompassing 
      backup power and peak-shaving capabilities," added Hinton. "Publix is 
      acknowledged to be a leader among its peers in customer service and best 
      practices, and we believe it is a powerful endorsement of our 
      industry-leading position in distributed generation that Publix has 
      again selected PowerSecure to address its needs. We are truly honored to 
      have been entrusted by a company of Publix's stature with the 
      responsibility of implementing this expansion."
    
    
      About Metretek Technologies:
    
    
      Metretek Technologies, Inc. through its subsidiaries — 
      Southern Flow Companies, Inc.; PowerSecure, Inc.; and Metretek, 
      Incorporated (Metretek Florida) — 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.
    
    
      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 business 
      operations and prospects for the Company and its subsidiaries; 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, 
      risks, uncertainties and other factors identified from time to time in 
      the Company's Annual Report on Form 10-K for the year ended December 31, 
      2006, 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 
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      changes in expectations, new information, future events, conditions or 
      circumstances or otherwise.