Gillette Purchases Electric City EnergySavers to Shave Utility Bills

ELK GROVE, IL -- February 6, 2002 -- Electric City (AMEX: ELC) announced today that Gillette Corp. has purchased EnergySaverÔ systems with associated photocell contactors for its Gillette Midwest Distribution Center in Romeoville, Ill. The EnergySaver units will be used to reduce the electricity consumed for lighting the 532,000 sq. ft. facility, as well as to respond to curtailment requests by utility suppliers during peak demand periods.

The Gillette project also includes photocell contactors to allow Gillette to automatically adjust lighting levels to take advantage of natural daylight illuminating the facility. It represents one of Electric Citys first large-scale installations combining the EnergySaver with photocell controls for daylight harvesting. Utilizing the EnergySaver in conjunction with photocell control allows customers like Gillette to save even more energy with the EnergySaver during daylight hours," stated Brian Kawamura President & COO of Electric City. The microprocessor controller on the EnergySaver makes the adjustments automatically for the customer maximizing savings whenever possible."

This project represents another success with a sophisticate corporate customer and with a warehouse operation," continued Kawamura. The EnergySaver is particularly effective in warehouse facilities. Lighting represents a larger portion of their overall energy costs thereby resulting in a larger percentage of overall cost reductions and improvement to their bottom line. The Gillette site represents one of the largest single warehouse sites we have served to date. We have had strong success in the warehouse sector and expect continued growth in this market."

Electric Citys EnergySaver technology provides customers with a system that reduces electricity demand and consumption from lighting systems between 20% and 50% while maintaining appropriate lighting levels.

About Electric City
Electric City is a leading developer, manufacturer and integrator of energy savings technologies and custom electric switchgear. The Company currently markets the EnergySaverÔ, the GlobalCommander, Total Primary Power Package (TP3) and custom switchgear. Electric City is based in Elk Grove Village, Illinois and is traded on The American Stock Exchange under the symbol ELC. Additional information is available at the Companys website at www.elccorp.com or by calling 847-437-1666.

INVESTOR CONTACT:
Glen Akselrod at The Stockpage, 800-797-5683 or glen@thestockpage.com.

FORWARD LOOKING STATEMENTS
This news release includes forward-looking statements that reflect Electric Citys current expectations about its future results, performance, prospects and opportunities. Electric City has tried to identify these forward-looking statements by using words and phrases such as may," will," expects," anticipates," believes," intends," estimates", plan", should", typical", preliminary", we are confident" or similar expressions. These forward-looking statements are based on information currently available to Electric City and are subject to a number of risks, uncertainties and other factors that could cause Electric Citys actual results, performance, prospects or opportunities in the remainder of 2002 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Companys growth expectations, funding requirements, and specifically, the Companys growth prospects in the warehouse market outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.