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Pike Completes Acquisition of UC Synergetic

MOUNT AIRY, N.C.-- Pike Electric Corporation (NYSE: PIKE), one of the nation's leading energy solutions providers, today announced that it completed the acquisition of Synergetic Design Holdings, Inc. and its wholly owned subsidiary UC Synergetic, Inc. With UC Synergetic, Pike will extend its footprint in the Northeast and Midwest and become one of the largest utility infrastructure engineering and design firms in the United States.

Headquartered in Charlotte, UC Synergetic has major offices in Atlanta, Boston, Columbus, Dallas, Denver, Raleigh and Tampa. For more information, visit www.ucsynergetic.com.

About Pike Electric Corporation

Pike Electric Corporation is a provider of energy solutions to over 200 investor-owned, municipal and cooperative utilities in the United States. Our comprehensive services include facilities planning and siting, permitting, engineering, design, installation, maintenance and repair of power delivery systems, including renewable energy projects. Our common stock is traded on the New York Stock Exchange under the symbol PIKE. For more information, visit us online at www.pike.com.


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