Carbonetworks Corporation

Carbonetworks Corporation

May 20, 2010 08:00 ET

Energy Systems Group Chooses Carbonetworks to Help Customers Reduce Energy Consumption

Energy Services Leader Adds Greenhouse Gas Reduction to Solutions Portfolio

SAN FRANCISCO, CALIFORNIA--(Marketwire - May 20, 2010) - Carbonetworks today announced that Energy Systems Group (ESG) has selected Carbonetworks Information Management System to measure and report clients' energy consumption and emissions data. This new technology will consolidate data into easy-to-read reports and dashboards, allowing ESG customers to make smart and effective decisions about greenhouse gas and energy reduction projects.

Operating in the Midwest and South/Southeast United States, ESG is an energy services company that enables building owners to maximize their energy efficiency and operational performance, while reducing their carbon footprint.

"The Carbonetworks Platform allows us to document and account for carbon reductions, so ESG will be able to offer customers a complete illustration of the performance of an entire contract or an individual energy conservation measure," said Jim Adams, ESG president. "The platform provides access to consistent data that is dynamically updated. Our employees will be able to generate reports that help customers make smarter decisions to support their overall goal of energy and emissions reduction."

The ease of implementing Carbonetworks software was an important benefit to ESG. Unlike enterprise energy management solutions, Carbonetworks is a software-as-a-service (SAAS) offering that does not require the integration of a complex tool into the user's data center. Instead, ESG is able to input existing customers into the web-based Carbonetworks platform using only a browser.

"We are thrilled to be working with ESG, since supporting its goal of helping customers reduce energy costs aligns perfectly with the mission of Carbonetworks," said Michael Meehan, President and CEO, Carbonetworks. "With a customer network spanning the education, healthcare, government and business sectors, ESG implements hundreds of performance contracts for customers. The addition of Carbonetworks' capabilities will allow organizations to understand their energy usage in a new and more transparent way."

About ESG:
Energy Systems Group (ESG) is an award-winning energy services company that specializes in delivering sustainable energy solutions that allow building owners to maximize their energy efficiency and operational performance, while reducing their carbon footprint. Through its core business of performance contracting, ESG provides customers with innovative energy efficiency, technology, and long-term financing solutions for modernization of their facilities and energy infrastructure. To learn more about ESG, visit www.energysystemsgroup.com.

About Carbonetworks:
The Carbonetworks™ Performance Management Platform provides software and services to help companies around the world run their Energy, GHG and Sustainability initiatives using a consolidated corporate scorecard for measuring performance. The Company has over a decade of experience in the industry and was founded with the goal of enabling companies all over the world to manage and reduce their impact on the environment. With nearly 9,000 sites implemented on its platform and hundreds of companies in over 40 countries in its trading community, Carbonetworks operates the largest carbon management network in the world. For more information, please visit www.carbonetworks.com.

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