September 22, 2008

GSH Group Inc., Expands its Energy Management Program with Newmark Knight Frank Global Management Services

Two new Newmark Knight Frank facilities enlist GSH for energy efficiency, two others renew contracts

GSH Group Inc., an international facilities and energy management provider throughout the United States and Europe, today announced two new contracts and two contract extensions with Newmark Knight Frank Global Management Services (GMS) in New York and Connecticut. All facilities will utilize GSH Group's unparalleled energyplus program.

GSH Group will implement an energy program for Newmark Knight Frank GMS at 1560 Broadway in New York City, a 212,500-square-foot office building, and 75 S. Broadway in White Plains, a 127,900-square-foot office building. As part of its unique business model that is gaining momentum throughout the industry, GSH will offer immediate energy savings to these Newmark Knight Frank GMS-managed properties while also providing equipment upgrades and other energy saving projects to achieve optimal energy efficiency. Newmark Knight Frank GMS has also extended GSH Group's energy contracts with 520 Eighth Avenue in New York City and 1-3 Long Wharf Drive in New Haven, Conn. Both properties have already recorded substantial energy savings.

"Newmark Knight Frank has a corporate and social responsibly to maintain a high level of energy efficiency," said Ian M. Marlow, president and chief executive officer of Newark Knight Frank Global Management Services. "Our work with GSH Group has proven effective to this end with guaranteed savings for several of our properties," Marlow concluded.

"We are extremely proud to continue building on our partnership with Newmark Knight Frank in the Northeast," said Jamie Reynolds, president of GSH Group. "Our energyplus program is already a tremendous success at the firm's projects in Manhattan and New Haven. Newmark Knight Frank is a global powerhouse that takes a sophisticated approach to energy efficiency and recognizes the unparalleled advantages of adopting a forward thinking strategy as it relates to doing good for the environment, and their bottom line," Reynolds added.

Newmark Knight Frank is one of the largest independent real estate service firms in the world. Headquartered in New York, Newmark Knight Frank and London-based partner Knight Frank Newmark operate from over 196 offices in established and emerging property markets on six continents. Last year, transactions were valued at more than $47.6 billion with annual revenues of over $962 million. With a combined staff of more than 6,900, this major force in real estate is meeting the local and global needs of owners, tenants, investors and developers worldwide. For further information, visit www.newmarkkf.com.

To learn about energy management opportunities with GSH Group, please contact Jamie Reynolds at 973-227-5515 or at Jamie.Reynolds@gshgroup.com.