Lime Energy Co. Announces David Asplund Steps Down as Chairman of Board

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Lime Energy Co. (NASDAQ: LIME) today announced that David Asplund has resigned as Chairman of the Board and will be taking an indefinite leave of absence from his position as Executive Chairman of the Company for health reasons beginning June 2nd. The Board of Directors has elected Richard Kiphart to fill Mr. Asplund's role as Chairman of the Board. Mr. Asplund will continue to serve as one of the Company's directors.

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