Apogee Interactive Inc. and Planergy International Inc. Form Strategic Marketing Alliance to Enhance Web Portal for Utilities.Business Editors ATLANTA--(BUSINESS WIRE)--Sept. 17, 2002 Apogee apogee (ăp`əjē), point farthest from the earth in the orbit of a body about the earth. See apsis. The farthest point. Interactive Inc., a leader in demand response and other Internet-based content and programs for utilities, and Planergy International Inc., a leader in energy technology integration, have formed a strategic marketing alliance to better serve the power industry and its end-use customers. Through this partnership, Apogee's Demand Exchange(R) platform, Web courses and educational content will now be accessible through Planergy's EnergyLinks(TM) comprehensive data and energy management portal. Apogee's Internet-based Demand Exchange platform enables utilities, energy service providers and their customers to operate and optimize multiple demand response programs such as voluntary, price-sensitive demand bid and buyback; conventional mandatory interruptible; and real-time pricing programs. Planergy's EnergyLinks delivers the energy management data and applications the utility customers need to effectively manage total energy costs. The heart of EnergyLinks is Planergy's unique "Intelligent Portal," a robust platform that enables the integration of diverse information and managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality through an intuitive, graphics-rich Web interface. Coupled together, Demand Exchange users can now view critical customized energy information at a glance, ranging from their own interval meter data and system conditions to local weather and national industry benchmarks. Customers can then reduce their usage, verify fulfillment ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. of the planned reductions, and capture maximum cost savings from participation in their Demand Exchange programs. "Educating customers about their energy patterns is a key step in engaging them in demand response opportunities," said Joel Gilbert, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Apogee Interactive. "Planergy's EnergyLinks portal expertly provides customers with all the data needed to determine and manage their best plan of action. Placing the Demand Exchange directly in the portal makes it easier for the customer to take immediate action, save energy and cut costs. Apogee's Web-based energy efficiency courses and energy reference libraries round out the consumer education process," Gilbert said. "Planergy is excited about the fit between EnergyLinks and both Apogee's Demand Exchange and Study-Center," said Howard Cann Howard G. Cann (October 11, 1895 in Bridgeport, Connecticut, United States - December 18, 1992) was a college men's basketball player and coach. He is known for coaching at New York University from 1923 to 1958, compiling a 409-232 record. , President and CEO of Planergy International. "The combined systems The Combined Systems project is a Dutch collaborative research and development project involving the key partners of the Delft Collaboration on Intelligent Systems (www.decis. enable utilities to more effectively administer demand management programs, and make it convenient for customers to develop bid responses and monitor curtailment Curtailment The act of contracting or reducing operations of a company in the hope of bringing it financial or operational stability. This management technique is often used when a company has grown too fast and is unable to effectively manage its operations. events." About Apogee Interactive Inc. www.apogee.net Apogee Interactive is a full-service online technology solutions and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a specializing in the energy industry. In addition to The Demand Exchange, the company owns and operates the utility industry's leading portal for Web-based energy-related training (www.study-center.com) and energy efficiency Web site content. Apogee is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. headquartered in Atlanta, Georgia. About Planergy International Inc. www.planergy.com Planergy International is a leader in energy technology integration. Planergy provides proven enterprise energy management solutions that help businesses, institutions and utilities reduce their risk, increase their productivity and minimize their total cost of energy. Headquartered in Richmond, California, Planergy is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Xcel Energy, the nation's fourth largest electricity and natural gas utility. |
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