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Edited Transcript of ACFN earnings conference call or presentation 15-Aug-19 3:00pm GMT

With respect to Acorn’s consolidated results, Acorn reduced its corporate G&A by nearly 50% to $243,000 in the second quarter of ’19, reflecting cost reductions including a material reduction in personnel cost, board fees and other public company costs over the prior year period. As a result of growth at OmniMetrix and lower corporate overhead, Acorn’s consolidated operating loss decreased 63% to $203,000 in 2Q ’19 compared to $544,000 in 2Q ’18.

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