EnerNOC's New Platform Release Provides Enhanced Business Intelligence, Fault Detection, and Demand Response Program Support Capabilities
BOSTON, Oct. 1, 2012 (GLOBE NEWSWIRE) -- Today at EnergySMART 2012, EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy management applications, announced that it has released the newest version of its energy management application platform, providing actionable business intelligence and energy data analytics to thousands of commercial, institutional, and industrial customers worldwide. The latest release includes enhancements to EnerNOC's Automated Fault Detection (AFD) engine, which is used by its EfficiencySMARTTM application to identify energy efficiency measures. In additio the latest release enables EnerNOC to present real-time information for additional commodities in international demand response markets.
EnerNOC streams approximately one billion energy readings per month through its Network Operations Center (NOC). Through continuous data analysis, EnerNOC automates the discovery of energy savings for its EfficiencySMART customers, and identifies the highest value actionable measures to drive ongoing energy efficiency.
"EnerNOC's mission is to empower our customers to make more intelligent energy decisions. Our platform provides the tools to drive insights that improve productivity and occupant comfort, while reducing operating expenses," said Tim Healy, Chairman and CEO of EnerNOC.
"The enhancements we've made in our latest release enable EnerNOC and our customers to find energy efficiency opportunities faster and compare energy usage across sites using more robust benchmarks and measurements. We've also introduced a number of features that support our international expansion, which will be instrumental as EnerNOC continues to capitalize on emerging market opportunities," said Hugh Scandrett, EnerNOC's Vice President of Engineering.
The latest release of EnerNOC's energy management application platform is being demonstrated live today through October 3 at EnergySMART 2012 at the Westin Copley Hotel in Boston, MA. EnergySMART 2012 also features Green Building Certification Institute-approved courses for continuing education on how new technologies, such as automated fault detection, persistent commissioning, and economic demand response applications, are changing the energy management landscape.
To learn more about EnerNOC's platform, please visit www.enernoc.com/our-technology.
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by delivering a comprehensive suite of demand-side management services that reduce real-time demand for electricity, increase energy efficiency, improve energy supply transparency in competitive markets, and mitigate emissions. EnerNOC's Utility SolutionsTM offerings, which include both Implementation and Consulting services, are helping hundreds of utilities and grid operators worldwide meet their demand-side management objectives. EnerNOC serves thousands of commercial, institutional, and industrial customers worldwide through its suite of energy management applications including: DemandSMARTTM, comprehensive demand response; EfficiencySMAR,TcTMontinuous energy savings; SupplySMARTTM, energy price and risk management; and CarbonSMARTTM, enterprise carbon management. Our Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com.
Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future growth and success of the Company's energy management applications and services, including its DemandSMARTTM and EfficiencySMARTTM services, and the benefits t customers may derive from those applications and services, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, the Company's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.