PRESS RELEASE

FOR IMMEDIATE RELEASE

Date:                   August 21, 2007

Subject:               GVA KIDDER MATHEWS FORMS ENERGY EFFICIENCY ALLIANCE WITH
                           ENERGY INDUSTRIES

Contact:               Brian Kealoha, SVP Business Development

                           Tel:       (808) 839-3700 ext 106

                           E-mail:  brian.kealoha@energy-industries.com

GVA Kidder Mathews and Energy Industries enters energy efficiency alliance

Seattle, WA - Energy Industries, a national energy project development company focusing on energy efficiency and renewable energy systems announced an alliance with GVA Kidder Mathews a leader in providing full spectrum commercial real estate services. In this alliance Energy Industries will serve as the preferred resource for energy management and retrofit services to all GVA Kidder Mathews properties.

“We are proud to have been selected by GVA Kidder Mathews and look forward to assist the facilities under their management become more competitive” commented Miles Kubo, President of Energy Industries. “GVA Kidder Mathews recognizes the significance of reduced energy costs and environmental stewardship and since 1994 Energy Industries has been a leader in energy efficiency and renewable energy. This alliance brings two of the biggest names in the Northwest together”

Commenting on the alliance, Executive Vice President Keith Kaiser said “I am very pleased with the professionalism and quality of work demonstrated by Energy Industries at Waterfront Place, which reduced energy costs for our client and the tenants at this unique, mixed-use asset in downtown Seattle. As a result, we are exploring additional opportunities with Energy Industries throughout GVA Kidder Mathew's management portfolio, and for additional assets that come into our portfolio.”

About Energy Industries

Energy Industries (EI) is a national provider of energy services.  Energy Industries comprehensive programs have reduced customer energy use by over 25%.   The company has helped thousands of businesses reduce their energy expenditures over the last 30 years including Starwood Hotels and Resorts, Hilton Hotels, Fred Meyer, Macy’s, Seattle University, Gonzaga University, Auto Nation, Marriott Hotels and Resorts, Banc West, and many others.
 

About GVA Kidder Mathews

GVA Kidder Mathews is the largest commercial real estate firm in the Pacific Northwest, with over 250 real estate professionals and staff in five offices in Washington and Oregon.  GVA Kidder Mathews provides an array of brokerage, appraisal, property management and development and consulting services.  As part of GVA Worldwide company, GVA Kidder Mathews is able to serve clients’ national and international needs through a partnership with a vast organization of top-ranked independent commercial real estate firms.

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For additional information about Energy Industries, please contact Brian Kealoha, Senior Vice President, (808) 839-7300 x106