SOURCE: EnerNOC, Inc.

EnerNOC, Inc.

March 10, 2011 08:30 ET

EnerNOC Hires Hugh Scandrett as Vice President of Engineering

BOSTON, MA--(Marketwire - March 10, 2011) -  EnerNOC, Inc. (NASDAQ: ENOC), a leading provider of energy management applications for the smart grid, today announced that it has hired Hugh Scandrett as Vice President of Engineering. Mr. Scandrett most recently served as Vice President of Engineering for Kronos Inc., a Massachusetts-based workforce management solutions firm, where he led a global application development team of 425 engineers based in three countries. He previously held leadership positions with Ounce Labs, IBM Rational, DSC Communications, and Nortel, and brings nearly 30 years of experience in the enterprise software and telecommunications industries with him to EnerNOC.

"Engineering is the backbone supporting EnerNOC's solutions, and Hugh's drive and experience make him an ideal leader for our software development, engineering, quality assurance, and R&D teams. He has proven his ability to tackle complex, large-scale product development projects, and we believe that he will be a tremendous asset to EnerNOC as we continue to build out our leading energy management application platform," said Tim Healy, Chairman and CEO of EnerNOC. "Hugh has excelled both in large tech companies and start-up environments. In every setting, he brings an extraordinary level of intelligence and enthusiasm to his work. We are thrilled to have him join EnerNOC's leadership team."

"The potential of the energy management sector is immense, and EnerNOC has been a clear leader in the industry. I am excited both by EnerNOC's achievements in the energy management software space and the opportunity to take these great advances even further by joining the company's leadership," said Scandrett. "EnerNOC's world-class product platform already delivers unique, scalable energy management value to customers. I look forward to building upon and continually improving EnerNOC's energy management applications through software-as-a-service and cloud-based technologies."

During his tenure at Kronos, Mr. Scandrett led the firm's strategic product development. Kronos launched the next-generation user interface (Navigator) as well as the mobile applications for its workforce management suite under his leadership. Prior to joining Kronos, Scandrett was President and CEO of Ounce Labs, where he managed the privately held software company's broad-based strategy and achieved 400 percent customer growth before Ounce was purchased by IBM Rational in 2009. Previously, from 2003-2005, Mr. Scandrett had served as Vice President of Product Development at IBM Rational, where his responsibilities included executive leadership and engineering management for the family of Rational products, which exceeded $750 million in annual revenue. In each of these roles, Mr. Scandrett helped drive substantial increases in market share, new channel development, and several highly successful product releases. Over the course of his career, Mr. Scandrett has also held software management and engineering leadership roles at DSC Communications, which was acquired by Alcatel in 1998, and Nortel. He holds a bachelor's degree in computer science from the University of Western Ontario.

For more information about EnerNOC's management team, please visit www.enernoc.com. EnerNOC was assisted in this search by Howard Fischer Associates, International.

About EnerNOC
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions. We accomplish this by delivering world-class energy management applications including DemandSMART™, comprehensive demand response; EfficiencySMART™, data-driven energy efficiency; SupplySMART™, energy price and risk management; and CarbonSMART™, enterprise carbon management. Our Network Operations Center (NOC) continuously supports these applications across thousands of C&I customer sites throughout the world. Working with more than 100 utilities and grid operators globally, we deliver energy, ancillary services, and carbon mitigation resources that provide cost-effective alternatives to investments in traditional power generation, transmission, and distribution. For more information, visit www.enernoc.com.

Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, the future success of Mr. Scandrett, EnerNOC's energy management applications and the ability of EnerNOC's customers to derive benefits from such applications , may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act 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 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, 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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