Defense Energy Support Center Selects EnerNOC as an Approved Demand Response Provider.BOSTON -- EnerNOC, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ENOC ENOC Emirates National Oil Company ENOC Enterprise Network Operations Center ), a leading developer and provider of clean and intelligent energy solutions, announced today that it has been selected by the Defense Energy Support Center (DESC desc description DESC descending DESC Defense Energy Support Center DESC Defense Electronics Supply Center DESC District Explorer Scout Commissioner (UK) DESC Detroit Executive Service Corps (Michigan) ) as an approved demand response provider, allowing EnerNOC to pursue federal and military facilities throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . "DESC encourages federal and military installations to do their part to use energy more efficiently, and demand response programs are a great way to meet that objective," said Larry Fratis, Head of the Electricity Branch for DESC. "Demand response is a solution that makes good business sense while delivering positive community and environmental benefits through increased efficiency and reliability of the electric power system. In addition, participation in this program is in line with the intent of the Federal Energy Policy Act of 2005, as well as service/agency sustainability goals." By enrolling in EnerNOC's demand response network, individual federal and military facilities will earn a credit toward their electricity bills. In addition, each site that participates will have basic access to EnerNOC's PowerTrak[R] energy management platform. PowerTrak enables users to view and analyze their energy consumption data in near real-time and track efficiency gains, resulting in the ability to take additional, targeted measures to reduce overall energy consumption and costs. "The Federal government is the largest consumer of electricity in the United States and technology-enabled solutions like demand response can have a significant impact on reducing its energy consumption and costs, as well as offer a gateway to broader energy efficiency," said Tim Healy Tim Healy may refer to:
This agreement with the U.S. Government is the latest in a series of agreements that EnerNOC has signed with state and federal entities, most recently including the State of Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. and the State of Vermont. EnerNOC offers its demand response and energy efficiency programs throughout the United States in both open markets such as New England, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , PJM PJM Pacific Journal of Mathematics PJM Project Manager PJM Puerto Jimenez, Costa Rica (Airport code) PJM Pennsylvania New Jersey Maryland Interconnection LLC (Mid-Atlantic region power pool) Interconnection, Texas, and California, as well as under bi-lateral agreements with utilities such as the Tennessee Valley Authority Tennessee Valley Authority (TVA), independent U.S. government corporate agency, created in 1933 by act of Congress; it is responsible for the integrated development of the Tennessee River basin. , Tampa Electric Company, and Public Service Company of New Mexico. EnerNOC's patented automated demand response solutions help members of its network maximize demand reductions and associated energy savings. By managing a large, diverse portfolio of sites, EnerNOC is able to assume all financial penalties associated with non-performance, thereby mitigating risk for all participants. If you would like more information about EnerNOC's smart grid applications or enrolling your business or organization into EnerNOC's demand response network, email info@enernoc.com or visit www.enernoc.com. About EnerNOC EnerNOC, Inc. is a leading developer and provider of clean and intelligent energy solutions to commercial, institutional, and industrial customers, as well as electric power grid operators and utilities. EnerNOC's technology-enabled demand response and energy management solutions help optimize the balance of electric supply and demand. The Company uses its Network Operations Center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. , or NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, , to remotely manage and reduce electricity consumption across a network of commercial, institutional, and industrial customer sites and make demand response capacity and energy available to grid operators and utilities on demand. For more information visit www.enernoc.com. About the Defense Energy Support Center The Defense Energy Support Center's mission is to provide the Department of Defense and other government agencies with comprehensive energy solutions in the most effective and economical manner possible. For more information, visit http://www.desc.dla.mil/default.asp. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 success of EnerNOC's demand response and energy management solutions, EnerNOC's ability to successfully execute demand response agreements with federal and military facilities and the ability of EnerNOC's customers to derive financial benefits from such solutions, may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. 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 Quarterly Report on Form 10-Q Form 10-Q See 10-Q. for the period ended September 30, 2008, as filed with the Securities and Exchange Commission on November 13, 2008, 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, EnerNOC'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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