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Energy-Power Management: Ledger Joins Acorn Board

August 2, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Acorn Energy, Inc. (NASDAQ: ACFN), an energy technology holding company, has appointed Steven Ledger to its board of directors, bringing the total membership of the board to seven.

Ledger is managing member of Tamalpais Partners, which he founded, and was previously president of Merriman Asset Management and chief investment officer of Merriman Focus Fund.

He also previously served as co-founder and managing partner of eCompanies Venture Group where he managed an internet focused, strategic venture capital fund.

Prior to founding eCompanies Venture Group, Ledger was managing partner and portfolio manager at San Francisco Investment Group and Kayne Anderson Investment Management. He began his career at Fidelity Management and Research as an equity research analyst and portfolio manager.

Delaware-based Acorn Energy is a holding company with equity interests in CoaLogix, Coreworx, DSIT, Gridsense and US Sensor Systems Inc. These companies are involved in upgrading energy infrastructure.

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