Lime Energy Receives Additional Time to Comply with $1.00/Share NASDAQ Minimum Bid Price Requirement

Lime Energy

today announced that, On March 1, 2013, Lime Energy received a second compliance notice from The NASDAQ Stock Market (“NASDAQ”) Market indicating that it has not regained compliance with the minimum bid price requirement of $1.00 as set forth in NASDAQ Marketplace Rule 5550(a)(2). However, the NASDAQ staff has determined that the Company is eligible for an additional 180 day grace period, or until August 26, 2013, to regain compliance with NASDAQ Listing Rule 5550(a)(2). This additional 180 day period relates exclusively to the bid price deficiency. The Company may be delisted during the 180 days for failure to maintain compliance with any other listing requirements for which it is currently on