updated 6/8/2011 9:17:06 AM ET 2011-06-08T13:17:06

ELK GROVE VILLAGE, Ill., June 8, 2011 (GLOBE NEWSWIRE) -- Lime Energy (Nasdaq:LIME), a leading provider of energy efficiency and renewable energy solutions, announced today that it will be hosting an analyst day on Wednesday, June 29, 2011 in Atlantic City, NJ. The event will be held from 8 AM to 4 PM ET beginning at Caesar's Hotel.   The day will include a corporate overview and update session by Management as well as detailed coverage of Lime's markets including energy efficiency in public and private markets, utility demand side management programs and alternative energy development. In addition, Mr. Joseph Desmond, a former Chairman of the California Energy Commission will be a guest speaker. The event will conclude with a site visit of a comprehensive energy efficiency project for AtlantiCare Regional Medical Center (ARMC) which is a qualified customer for New Jersey's Clean Energy Pay for Performance Program (P4P).

Institutions that are interested in receiving a formal agenda and/or attending should contact Glen Akselrod at the number listed below.

About Lime Energy Co.

Lime Energy is a leading provider of energy efficiency and renewable energy solutions. Our services include integrated energy engineering, consulting and implementation of solutions which enable our customers to reduce their facilities' energy consumption, lower their operating and maintenance costs and reduce their carbon footprint. We focus on solutions which include lighting, mechanical and electrical upgrade services, water conservation, weatherization and renewable project development and implementation. We provide these solutions to the commercial and industrial markets, utilities, energy service companies (ESCOs) and the government sector across a wide range of facilities including high-rise office buildings, manufacturing plants, retail sites, mixed use complexes and large government sites. The company's stock is traded on NASDAQ under the symbol LIME. Additional information is available at the company's website at www.lime-energy.com or by calling 847-437-1666.

The Lime Energy logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5171

FORWARD-LOOKING STATEMENTS

This news release includes forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements that reflect Lime Energy's current expectations about its future results, performance, prospects and opportunities. Lime Energy has tried to identify these forward-looking statements by using words and phrases such as "may," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "hope," or similar expressions. These forward-looking statements are based on information currently available to Lime Energy and are subject to a number of risks, uncertainties and other factors that could cause Lime Energy's actual results, performance, prospects or opportunities in the future to differ materially from those expressed in, or implied by, these forward-looking statements. These risks include those risks referenced in Lime Energy's current Annual Report on Form 10-K and Quarterly Report on Form 10-Q or as may be described from time to time in Lime Energy's subsequent SEC filings; such factors are incorporated herein by reference.

CONTACT:  Investor Relations
          Glen Akselrod
          Bristol Capital Ltd.
          (905) 326-1888
          glen@bristolir.com

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