Energy Efficiency Stock; EnerNOC (Nasdaq:ENOC), Achieves Latest OpenADR Certification; Positions EnerNOC for Further Penetration of International Demand Response Market
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BOSTON - August 26, 2013 (Investorideas.com renewable energy stocks newswire) EnerNOC, Inc. (Nasdaq:ENOC),a leading provider of energy intelligence software, today announced that its technology has been certified by the OpenADR Alliance for compliance with the OpenADR 2.0 Profile B specification. Profile B is designed for high-end embedded devices that support a wide range of demand response services and markets, and this certification confirms EnerNOC's ability to seamlessly integrate with demand response programs in new and existing markets that require standards compliance. EnerNOC is one of the first companies in the OpenADR Alliance to announce a 2.0B-compliant product.
"International markets have started to design and implement demand response programs and infrastructure, and are looking to standards such as OpenADR 2.0B to accelerate growth. We believe we are well-positioned to leverage these global opportunities," said Hugh Scandrett, Vice President of Engineering at EnerNOC. "This certification marks another step in EnerNOC's continued mission to provide fast, reliable automated demand response to our utility and commercial, institutional, industrial, and agricultural partners, and further validates demand response as a cost-effective, integral part of a modern energy infrastructure."
Fully automated demand response (AutoDR) streamlines the communication and signaling surrounding a demand response dispatch such that building management systems can respond in seconds to signals from a utility or provider such as EnerNOC. Deploying a standards-based approach like OpenADR helps to lower the cost of enabling AutoDR resources.
EnerNOC has been a member of the OpenADR Alliance since 2010, and currently holds a position on the Alliance's Board of Directors. EnerNOC is also on the Board of Directors of the Smart Grid Interoperability Panel of the National Institute of Standards and Technology (NIST).
To learn more about EnerNOC's technology and its commitment to open standards, go to enernoc.com/our-technology or visit open.enernoc.com.
EnerNOC is a leading provider of energy intelligence software and related solutions. EnerNOC unlocks the full value of energy management for 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 Solutions(TM) 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 a suite of energy management applications including: DemandSMART(TM), comprehensive demand response; EfficiencySMART(TM), continuous energy savings; and SupplySMART(TM), energy price and risk management. EnerNOC's Network Operations Center (NOC) offers 24x7x365 customer support. For more information, visit www.enernoc.com.
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the technological capabilities associated with the Company's energy intelligence software, and the benefits that may be derived from 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.
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