Shorenstein Properties Selects EnerNOC's Energy Intelligence Software
April 20 2015 - 8:34AM
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS), today announced that Shorenstein
Properties, a national real estate investment firm, has purchased
EnerNOC's energy intelligence software platform. This expands
Shorenstein's relationship with EnerNOC, which began with demand
response and procurement services.
With EnerNOC's software, Shorenstein will be able to centralize
real-time energy information and utility bill data into a single
platform, improve budgeting and forecasting, more easily identify
opportunities to drive operating efficiency, and automate the
ENERGY STAR reporting process. EnerNOC's software will also help
support Shorenstein's commitment to the US Department of Energy's
Better Buildings Challenge to reduce portfolio-wide energy usage by
20% by 2020.
"Shorenstein is committed to maintaining the highest standards
of excellence in commercial real estate management, which means
utilizing the best technologies on the market. With EnerNOC's
energy intelligence software, we'll be able to give our chief
engineers greater site and portfolio visibility, more proactively
manage our energy expenses with the same rigor that we manage other
parts of the business, and increase our properties' net operating
income," said Kevin Kirk, Manager of Engineering Services at
Shorenstein.
"EnerNOC's software makes it easy for organizations with many
properties served by different utilities to centralize energy data
and make decisions based on actionable information," said Tim
Healy, Chairman and CEO of EnerNOC. "Shorenstein continues to
maintain its leadership position in the commercial real estate
sector because it invests in the technologies that keep it at the
forefront of innovation."
To learn more about EnerNOC's energy intelligence software,
visit: www.enernoc.com/solutions/enterprise-solutions.
About EnerNOC
EnerNOC is a leading provider of cloud-based energy intelligence
software (EIS) and services to thousands of enterprise customers
and utilities globally. EnerNOC's EIS solutions for enterprise
customers improve energy productivity by optimizing how they buy,
how much they use, and when they use energy. EIS for enterprise
includes budgeting and procurement, utility bill management,
facility optimization, visibility and reporting, project tracking,
demand management, and demand response. EnerNOC's EIS solutions for
utilities help maximize customer engagement and the value of
demand-side resources, including demand response and energy
efficiency. EnerNOC supports customer success with its world-class
professional services team and a Network Operations Center (NOC)
staffed 24x7x365. For more information, visit www.enernoc.com.
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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 intelligence
software, and the benefits that customers may derive from
technology updates or enhancements to that software, 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.
CONTACT: Media Relations:
Robin Deliso
617.692.2601
news@enernoc.com
Investor Relations:
Christopher Sands
617.692.2569
ir@enernoc.com
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