ENXSUITE

ENXSUITE

October 13, 2010 08:01 ET

ENXSUITE Appoints Charles Picasso to Board of Directors

Energy Management Software Company Expands Board with Appointment of Internationally Recognized 30-year Industry Veteran

SAN BRUNO, CALIFORNIA--(Marketwire - Oct. 13, 2010) - ENXSUITE, provider of the world's first and most extensive energy performance management platform, today announced the appointment of seasoned sales expert Charles Picasso to its board of directors. Picasso's expertise will aid ENXSUITE in its initiative to help companies reduce costs, mitigate risks, grow revenue and ensure compliance through effective management of energy assets.

Picasso brings more than three decades of technology industry experience to ENXSUITE's board, primarily within leadership roles at both domestic and international communications companies. Picasso is currently chairman of the board at MOVEA, a motion-sensing technology company, and serves on the board for web-hosting provider The Planet.com Internet Services Inc. In addition, he was the chairman of the board of Narus Inc., a leader in providing real time intelligence for large IP networks, until the company was sold to Boeing Inc. Previously, Picasso was president and CEO of business information firm Information Handling Services (HIS), a position he moved into after serving as the engineering division president and COO at the company.

Additional positions held by Picasso include COO of Digital Island, senior vice president of the Worldwide Professional Services Business Unit with AT&T Global Information Solutions and CEO for AT&T Istel, based in Paris. He holds a B.S. in computer science from the University of Sciences in Montpellier, France.

"Charles brings the perfect combination of industry expertise, sales know-how and a globally respected track record of success to ENXSUITE," said ENXSUITE CEO, Beatriz Infante. "We are fortunate to have someone like Charles join our team, and I look forward to working with him to foster the growth and success of ENXSUITE as we continue to help companies reduce and optimize their energy footprints."

About ENXSUITE:

ENXSUITE provides a comprehensive, integrated, on-demand energy performance management system whose actionable intelligence helps companies analyze, model, mine and manage the performance of their enterprise-wide energy assets. Its software includes a sophisticated energy data integration and consolidation platform that provides a unified view of energy, GHG, carbon, water, waste and other resources. A rich set of business intelligence and data mining capabilities enable companies to run their energy and sustainability initiatives like a business. This SaaS platform helps customers evaluate current inventories, set reduction targets, and optimize reduction initiatives by connecting to the world's largest sustainability and energy management network.

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