COMVERGE SECURES $6.5 MILLION IN CREDIT LINES
Silicon Valley Bank Supports Technology Company Growth

AUSTIN, Texas, April 17, 2003-Comverge, Inc., a leading provider of innovative energy intelligence solutions for energy suppliers, announced today it secured a $5 million line of credit and a $1.5 million term credit facility from Silicon Valley Bank, a subsidiary of Silicon Valley Bancshares (NASDAQ: SIVB). Comverge will use the credit facilities to consolidate its long-term debt and fund growth opportunities and product development. Comverge is funded by a broad investor group including: Data Systems & Software, Inc. (NASDAQ: DSSI), Easton Hunt Capital Partners, L.P., E.ON Venture Partners GmbH, an affiliate of E.ON AG (NYSE: EON), EnerTech Capital, Nth Power, and Shell Internet Ventures, an affiliate of the Royal Dutch/Shell Group of Companies (NYSE: RD).

"Partnering with Silicon Valley Bank is an important element of our financial plan and growth strategy," said Wayne Wren, Chief Financial Officer of Comverge. "These new credit facilities give us the opportunity to extend our private equity in support of our long-term goals and our customer base of energy providers. Silicon Valley Bank earns its reputation as the foremost bank for technology companies and is a valued member of our support network, comprising premier firms in the energy industry."

"Positioning Comverge as the innovative premier provider of End-to-End Energy Intelligence™ solutions has made the financial community take notice," said Robert M. Chiste, Chief Executive Officer of Comverge. "The financial community has recognized that Comverge's superior products, market innovations, and experienced team will continue to grow a substantial financial base. We have a great deal of respect for SVB as a financial institution and look forward to years of future growth as a team."

Comverge recently announced the completion of a private equity financing in the amount of $13 million. Proceeds of the equity and debt financings will be used to fund expansion, such as with the installation of a Virtual Peaking Capacity™ system for a major northwestern electric utility company. The funding will also assist in the advanced development of the company's Maingate® and SuperSwitch™ Direct Load Control product lines.

"For two decades, our main concern has been to partner with entrepreneurial companies, like Comverge that are doing important work such as helping electricity providers reduce energy costs and utilize their electrical systems more efficiently," said Dan Connolly, Senior Vice President, Silicon Valley Bank. "Comverge has a highly experienced and respected management team and a substantial track record providing innovative solutions to energy providers, which positions the company to become a dominant player in its industry. We're proud to be affiliated with the company and look forward to a long-term financial partnership with Comverge, serving its needs both domestically and abroad."

About Comverge, Inc.
Comverge, Inc., The Power in Power Technology™ has more than 500 energy supplier clients worldwide. Comverge has offices, research facilities, representatives and agents located in Florham Park, New Jersey, Atlanta, Georgia, Pensacola, Florida, Fremont, California, and Tel Aviv, Israel. The Company's PowerCAMP™ Group and new 6D Group provide End-to-End Energy Intelligence™ software solutions. Comverge's Technologies Group provides integrated, full-spectrum solutions for direct or voluntary load control programs, remote meter reading, price-responsive programs, time-of-use billing, distributed generation monitoring, theft/outage detection and more. Comverge's Enterprise Group provides pioneering business solutions including owned and operated systems, Virtual Peaking Capacity™ negawatt contracts, and joint ventures. For more information visit: www.comverge.com.

About Silicon Valley Bank
Silicon Valley Bank provides diversified financial services to emerging growth and mature companies in the technology and life sciences markets, as well as the premium wine industry. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves more than 9,500 clients across the country through 27 regional offices. More information on the company can be found at www.svb.com.

MEDIA CONTACTS
At Comverge, Sky Filippi, Director of Marketing, (973) 360-2220, x267, filippi@comverge.com.
At Silicon Valley Bank, Carrie Merritt, (408) 654-7193 cmerritt@svbank.com