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Notice of Change in Transfer Agent of Onsite Energy Corporation

CARLSBAD, Calif.–(BUSINESS WIRE)–Onsite Energy Corporation (OTC PINK: ONSE) (“Onsite”) announced today that effective as of the close of business on September 5, 2019, the Company changed its transfer agent to American Stock Transfer & Trust Company, LLC (“AST”). After consultation with the Board of Directors and the Company’s legal counsel, management decided that this change of transfer agent would provide the Company’s stockholders with a significant improvement in stockholder service levels. As the Company’s transfer agent, AST will coordinate and facilitate the payout of distributions declared by the Company. AST has the following qualifications:

American Stock Transfer & Trust Company, LLC is a full-service, tech-enabled professional services firm that helps companies and shareholders across North America maintain momentum through the use of secure corporate data, analytics, advisory services, and a strategic approach to every interaction.

More information regarding AST’s capabilities and services can be found at: https://www.astfinancial.com.

Contacts

Onsite Energy Corporation
Paul E. Blevins, Chief Financial Officer
(760) 476-4141
pblevins@onsitenergy.com

American Stock Transfer & Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219
T (800) 937-5449 or (718) 921-8124
E: help@astfinancial.com

Onsite Energy Corporation Adopts Plan of Dissolution and Distribution and Sets Record Date for Initial Liquidation Cash Distribution

Onsite Energy Corporation (OTC PIN: ONSE) (“Onsite”) announced today that its Board of Directors and stockholders representing a majority of the voting and outstanding shares of capital stock of Onsite approved a Plan of Dissolution and Distribution. The Certificate of Dissolution was filed with the Delaware Secretary of State on August 26, 2019. Immediately after the close of business on September 6, 2019, Onsite intends to close its stock transfer books and discontinue recording transfers of its Class A Common Stock, except by will, intestate succession or operation of law.

Pursuant to the Plan of Dissolution and Distribution, Onsite also announced that the Board of Directors approved an initial liquidating cash distribution of $0.34 per share of Class A Common Stock, payable to each stockholder of record as of the close of business on the record date of September 6, 2019, for each share of Class A Common Stock held as of such date. Onsite intends to make the payment on or about September 16, 2019, or as soon as practicable following the record date. Onsite will provide additional information regarding its paying agent in a subsequent press release. Onsite contemplates making a subsequent cash distribution to its stockholders, however such amount and timing of such distribution cannot be guaranteed or determined at this time.

Contacts
Onsite Energy Corporation
Paul E. Blevins, Chief Financial Officer
(760)476-4141
pblevins@onsitenergy.com