Hinesburg, VT - NRG Systems, Inc., a Vermont-based manufacturer of wind measurement systems, has won the 2002 Deane C. Davis Outstanding Vermont Business Award. Governor Jim Douglas presented the award to NRG Systems Vice President and CFO Jan Blittersdorf at the opening ceremony of the Vermont Business and Industry Expo.

"This award gives us so much reason to celebrate," said Jan Blittersdorf. "It speaks strongly to the growth of our industry and the recognition of wind energy as a mainstream energy source and also to the dedication of our employees whose hard work and commitment have brought us to where we are today."

The Deane C. Davis Award is presented to a Vermont business that has had its corporate headquarters in Vermont for at least 10 years and meets standards of excellence involving the economy, environment, the company's workforce and the community. Nominees are judged on four criteria: continued growth in employee number or sales; commitment to the community; creation of a positive work environment; and recognition of the environment as a natural and economic resource for Vermont. The award, which was established in 1990, is sponsored by Vermont Business Magazine and the Vermont Chamber of Commerce.

NRG has grown on average more than 30% every year since its formation in 1982. Overseas exports account for more than half of its sales, which totaled $11.4 million last year. With revenue growth of 1,166% since 1992, NRG was named the second fastest growing company in Vermont over the last ten years by Vermont Business Magazine in its January 2003 issue.

Looking toward the future, NRG Systems expects its sales to reach $40 to $50 million over the next ten years as its workforce grows by 100% to about 90 employees. To accommodate this growth, NRG is building a new 46,000 square foot facility in Hinesburg, featuring the latest in green building design techniques and being powered by renewable energy. Plans call for the company to break ground in June and have the building ready for occupancy by February 2004.

Jan and David Blittersdorf reside in Charlotte, Vermont. David Blittersdorf, founder and president of NRG Systems, is also past president of the American Wind Energy Association, the wind industry's national trade organization.

NRG wind energy assessment systems can be found in more than 90 countries, serving electric utilities, wind farm developers, research institutes, government agencies, universities, homeowners and businesses. Wind energy, a source of clean and renewable power, is the world's fastest growing energy source, expanding at a rate of 30% every year. With more than 31,000 megawatts of wind energy capacity installed worldwide, wind energy provides enough electricity to power 14 million households.