SOURCE: BlueNRGY

BlueNRGY

January 19, 2016 08:30 ET

BlueNRGY Group Announces Enhancements to Draker Monitoring Platform

Formation of Draker Subscriber Advisory Board

BURLINGTON, VT--(Marketwired - Jan 19, 2016) - BlueNRGY Group Limited (OTCBB: CBDEF) ("BlueNRGY" or "Company"), a global provider of engineered systems and solutions for distributed power generation and climate control/energy efficiency, today announced the completion of the first major system upgrade to the Draker monitoring platform since its September 2015 acquisition.

Since early January, the new software upgrades have delivered industry-leading availability of performance data to Draker system users as well as enhanced performance of its monitoring portal. Further, Draker's platform has now been enabled to handle data feeds from any data acquisition source, allowing asset managers to migrate and consolidate monitoring of their renewable portfolios on the Draker platform and improve efficiency of their operations. 

Bryan Randall, BlueNRGY's COO of Performance Monitoring and Data Acquisition, stated, "Draker users depend on the system to alert them to system outages or performance problems that could impair revenue generation from their renewable energy investments. While Draker's robust data acquisition architecture has a track record of consistently maintaining total integrity of historical data, the entire industry struggles to make site data available to remote system users at all times. We are committed to delivering the industry's highest level of information reliability."

"Now powered by the BlueNRGY development team, we expect that new capabilities and additional upgrades to the Draker platform will be released to clients at regular intervals over the coming months. In January we will release a new, more flexible reporting engine, additional foreign-language portal screens to support Draker's expanding global customer base, and a variety of additional user interface features to enhance user experiences," concluded, Mr. Randall.

Updates on future Draker system releases will be available on the Draker website at http://www.drakerenergy.com.

In addition, in order to ensure that the Draker platform continually evolves to meet customer and industry needs, Draker Corporation has commenced formation of a Subscriber Advisory Board to guide product development planning for the Draker system. 

About BlueNRGY Group Limited,

Established in 1989, BlueNRGY Group Limited is a leader in engineered solutions for the management of distributed power generation and climate control/energy efficiency systems. Its data analytics and life-cycle maintenance and support capabilities are deployed worldwide and are relied upon by system owners, financial institutions, utilities, government bodies and component manufacturers to deliver mission-critical information. As a global leader in delivery of best-in-class technology, BlueNRGY has designed and installed more than 230 MW of solar and wind systems for commercial and utility applications and it provides monitoring and control for more than 2GW of renewable power systems. The company's Parmac division is a leader in energy-efficient climate control systems in its served Australian markets. 

With regional headquarters in Australia, the USA and Europe, BlueNRGY is positioned to serve customer operations globally. For more information, visit www.BlueNRGY.com.

Caution Concerning Forward-Looking Statements

This news release contains 'forward-looking statements. Such forward-looking statements can be identified by, amongst other things, the use of forward-looking language, such as the words 'plan', 'believe', 'expect', 'anticipate', 'intend', 'estimate', 'project', 'may', 'would', 'could', 'should', 'seeks', or 'scheduled to', or other similar words, or the negative of these terms, or other variations of these terms or comparable language, or by discussion of strategy or intentions.

Such forward-looking statements are subject to various risks, as well as those set forth in the Company's most recent annual report on Form 20-F and other filings with the SEC, and involve assumptions, estimates, and uncertainties that reflect current internal projections, expectations or beliefs. Such statements include, without limitation, expectations about Draker monitoring system performance and performance relative to competitors, achieving growth in non-U.S. markets and growth plans generally, the prospective release of Draker monitoring system upgrades and the prospect of Draker subscriber advisory board formations. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements contained in this news release are qualified in their entirety by these cautionary statements and the risk factors described above. Furthermore, all such statements are made as of the date of this release, and BlueNRGY Group Limited assumes no obligation to update or revise these statements unless otherwise required by law.

Contact Information

  • CONTACTS:

    Corporate:
    Email Contact

    PCG Advisory Group:

    Investors:
    Stephanie Prince
    Managing Director
    Phone: 646-762-4518

    Media:
    Sean Leous
    Managing Director
    Phone: 646-863-8998