Liberty Power: Liberty Power CEO David Hernandez Named “National Hispanic Businessman of the Year” by U.S. Hispanic Chamber of Commerce

Company Continues to Receive National Acclaim as the Fastest Growing Independent Energy Retailer


FORT LAUDERDALE, Fla. – October 11, 2007 –
Liberty Power, the fastest growing, independent energy retailer focused on business consumers, today announced that CEO David Hernandez has been named “National Hispanic Businessman of the Year” by the U.S. Hispanic Chamber of Commerce (USHCC). Hernandez was awarded the distinction at the 28th Annual USHCC National Convention in San Juan, Puerto Rico on September 22, 2007.

Hernandez co–founded Liberty Power in 2001 and has led the company to continuous growth over the past 7 years, growing from $800,000 in revenues during 2002 to over $119 million in 2006 and was recently named the fastest growing Hispanic business in the United States by Hispanic Business Magazine. Liberty Power is licensed to provide electricity to small and medium–sized businesses, large national accounts and government agencies in fourteen states and the District of Columbia.

The prestigious USHCC National Hispanic Businessman of the Year Award is presented each year to the Hispanic businessperson who has shown exemplary leadership and attained excellence in the business world. The awards pay tribute to the achievements and innovations of U.S. Hispanics, the fastest growing minority group in the country.

“David Hernandez is a leader in the Hispanic community, a mentor to all entrepreneurs and a hugely successful business leader,” said Michael L. Barrera, CEO & President of USHCC. “Liberty Power is the fastest growing Hispanic business in the United States and it is because of this success that we have named David Hernandez as Businessman of the Year.”

“It’s an honor to accept this distinguished award from the U.S. Hispanic Chamber of Commerce,” said Hernandez. “At Liberty Power we have created a team of people dedicated to providing the best possible service to our customers. Together, we are proving that competition and opportunity can benefit consumers and businesses of all–sizes. The USHCC is a first–class organization for professionals, small business owners and corporate entrepreneurs and we look forward to supporting its continued advocacy in promoting and facilitating the success of Hispanic businesses.”

This announcement marks the fourth consecutive year in which Hernandez has received national recognition for his accomplishments as a business leader. Under Hernandez’s leadership, Liberty Power was named this year’s fastest growing Hispanic business by Hispanic Business Magazine. Hernandez has also been named National Hispanic Entrepreneur of the Year by the National Hispanic Professional Organization and Hispanic Entrepreneur of the Year by Hispanic Business Magazine during his tenure at Liberty Power.

For more information on Liberty Power, please visit https://www.libertypowercorp.com/

About Liberty Power:

Liberty Power is the fastest growing, independent energy retailer in the United States, providing large and small businesses, as well as residential customers, with affordable electricity and outstanding customer service. Headquartered in Fort Lauderdale, Florida, Liberty Power, the only national, minority-owned energy provider, services tens of thousands of customers in New York, Texas, Maryland, New Jersey, Massachusetts, Connecticut, Illinois, Delaware and Washington, D.C. The company is additionally licensed to sell power in Maine, Ohio, Rhode Island, Virginia, Michigan and California. National customers include JC Penney, Linens ‘n Things, and New York Life.

Liberty Power is a registered trademark of Liberty Power Corp. LLC. Liberty Power Corp. – encompassing Liberty Power Holdings LLC, Liberty Power Maryland LLC, Liberty Power District of Columbia LLC, and LPT LLC dba LPT SP LLC – is certified and licensed by the Public Utilities/Service Commissions of: CA, CT, DC, DE, IL, ME, MD (IR793), MA (CS-057) MI, NJ (ESL-0001), NY, OH, PA, RI, TX (10118) and VA; and is licensed and certified by the Federal Energy Regulatory Commission.

© Copyright 2007 Liberty Power Corporation. All Rights Reserved. Liberty Power is a registered trademark of Liberty Power Corporation.

About the United States Hispanic Chamber of Commerce

Founded in 1979, the USHCC actively promotes the economic growth and development of Hispanic entrepreneurs and represents the interests of more than two million Hispanic–owned businesses in the United States, which earn more than $350 billion annually. It also serves as the umbrella organization for 200 local Hispanic chambers in the United States, Canada, Puerto Rico and Mexico.

Contacts:

Racepoint Group, Inc.
Andrea Krull
781–487–4639
akrull@racepointgroup.com

Liberty Power
Nelson Reyneri
954–771–1463 ext 132
nreyneri@libertypowercorp.com

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