Metretek, Incorporated Announces InvisiConnect Trial with a Major Northwestern Utility.

Business Editors

MELBOURNE, Fla.--(BUSINESS WIRE)--Jan. 13, 2004

Metretek, Incorporated, a Florida-based subsidiary of Metretek Technologies, Inc. (OTCBB:MTEK), announced that a major Northwestern electric utility is testing its InvisiConnect(TM) wireless Internet-based communications solution as a means of enhancing the communications performance of existing metering technology.

InvisiConnect(TM) is specifically designed to enable the customer to transparently leverage existing installed legacy software applications and metering equipment while upgrading existing communications technology to take advantage of the latest advances in third-generation (3G) wireless Internet-based capabilities.

According to Danny MacDonald, vice president of Sales and Customer Service at Metretek, Incorporated, InvisiConnect(TM) has wide-ranging applications in providing a variety of machine-to-machine (M2M) connectivity solutions in a number of different industries and market segments, including gas, electric, and water utilities; asset and tank monitoring; traffic control; and public safety and security.

"Customers that are currently accessing remote data via analog cell phones or CDPD systems may need to review data-collection alternatives, as many analog and CDPD cellular systems are being systematically decommissioned," said MacDonald. "InvisiConnect(TM) offers a cost-effective and straightforward upgrade to wireless Internet IP-based real-time connectivity that enables such customers to avoid the expense and difficulty associated with the wholesale replacement of their field devices and the rewriting of front-end communications applications that support their existing data-collection operations. There are many providers of field-based hardware components that are compatible with 3G networks, but none that provide the level of design efficiency and legacy-software applications integration that is currently available with InvisiConnect(TM)," said MacDonald.

"In addition to providing a technically superior and optimized plug-and-play solution to replace and upgrade analog and CDPD communications," noted MacDonald, "InvisiConnect(TM) positions customers to realize additional benefits from lower communication and operating costs, higher data throughput, improved coverage, and an 'always-on' connection that can provide real-time, secure data via the Internet."

Metretek Technologies, Inc. through its subsidiaries -- PowerSecure, Inc.; Metretek, Incorporated; and Southern Flow Companies, Inc. -- designs and markets remote data-collection products and data-management systems tailored to the diverse needs of a variety of industrial and commercial customers, including users and suppliers of natural gas and electricity.

All forward-looking statements contained in this press release are made within the meaning of and under 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 regarding the applications, capabilities, and expected benefits of InvisiConnect(TM); the plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies of management; and the proposed products, services, technologies or businesses. 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, including but not limited to those identified from time to time in the Company's most recent Form 10-KSB and Form 10-Q and its other reports and filings with the Securities and Exchange Commission. 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.