ENXSUITE

ENXSUITE

March 16, 2011 08:01 ET

ENXSUITE Names Jeff Risberg Technology Integration Advisor

Leading Enterprise Performance Management Vendor Brings on Product Visionary in New Advisory Role

SAN BRUNO, CALIFORNIA--(Marketwire - March 16, 2011) - ENXSUITE, creator of the world's first and most extensive energy performance management platform, today announced that Jeff Risberg has joined the company as technology integration and product architecture advisor. This marks the company's sixth strategic appointment in six months, demonstrating its dedication to innovation and growth in the rapidly expanding energy management space.

Risberg joins ENXSUITE to provide insight and expertise on energy and environmental data standards and how they will be integrated into the company's platform offering. His vast knowledge of enterprise software will assist the company in its continuing efforts to help organizations plan, analyze, and manage their entire energy and sustainability footprint with the most sophisticated product available.

With over 25 years of experience in enterprise software architecture, Risberg has held development and management positions at a variety of leading technology companies. Most recently, he served fellow energy management vendor Hara Software as lead developer and architect for the company's software suite. The second executive to join ENXSUITE from Hara since September, Risberg brings significant knowledge and technical expertise. 

Prior to working at Hara, Risberg was vice president of engineering and vice president of R&D at Serus Corporation, which developed a supply chain management platform for distributed manufacturing operations used by leading firms such as Cisco, AMD, and Flextronics. The Serus product incorporated business processes with operational analytics, which he later applied to environmental and energy management operations.

Prior to Serus, Risberg was on the founding team of TIBCO Software, a leader in real-time event-driven software applications, and developed financial applications at Teknekron Software systems, its predecessor company. He holds a Sc.B. in applied mathematics from Brown University, a M.S. in engineering and applied science from Yale University and a M.S. from Stanford University's Graduate School of Business, where he completed the Sloan Masters program in 2002. He holds two software patents and has another pending.

"I could not be happier to join the ENXSUITE team. The company has a compelling portfolio, a market-leading product and a world-class executive and engineering team to deliver it," said Risberg. "I look forward to the opportunity to apply my past experience in software architecture and development to further advance ENXSUITE's leadership position in the energy management market."

"We are delighted and proud to welcome Jeff to ENXSUITE," said Beatriz Infante, CEO of ENXSUITE. "His leadership skills, engineering and development expertise and domain knowledge in energy and financial performance management will be invaluable to our team. Jeff's background is a perfect match for ENXSUITE and the companies we serve. I look forward to seeing Jeff in action as we continue to transform energy into a measurable and manageable financial asset for our rapidly growing customer base."

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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