Noveda Technologies and EnergyWatch Announce Partnership to Help Large
Businesses Reduce Energy Costs
BRANCHBURG, N.J., Oct. 20 /PRNewswire/ -- Noveda Technologies, the leader in
web-based energy monitoring and visualization systems, today announced a
strategic partnership with EnergyWatch to help promote energy efficiency
technologies and services for large businesses. The partnership was announced
today by Kevin Duffy, Director of Business Development for Noveda
Technologies, and Keena Hammond, Executive Managing Director of EnergyWatch,
during a meeting with the New York Energy Consumers Council (NYECC).
The strategic alliance between Noveda and EnergyWatch, one of the nation's
premier energy consulting and procurement companies, will promote energy
efficiency technologies to reduce energy consumption, costs, and the carbon
footprints of large commercial buildings.
"This partnership combines the strength and experience of two industry leaders
in energy services that will deliver a comprehensive solution for reducing
energy-related costs through energy efficiency technologies and services and
procurement consulting in deregulated energy markets," said Mr. Duffy. "By
combining expertise in both the supply and demand side of energy we can better
help our customers save money and reduce their environmental impact."
Jay Raphaelson, President of EnergyWatch, said he is excited about the new
relationship with Noveda because "it will deliver a valuable solution in
energy management. Allocation of energy costs and efficiency measures are too
important to be based on assumed or historical estimates. Instant, accurate
data provides solid benchmarks and verification for landlord and tenant
sustainability initiatives. The return on investment is almost immediately
realized."
Noveda's software and services provide critical information for buildings to
maximize energy efficiency and achieve peak performance. The flow of
continuous, real-time data for conventional and renewable energy systems
enables facility managers and occupants to immediately identify and take
corrective action in order to better manage their energy consumption and
reduce their carbon footprints.
Noveda's groundbreaking technologies are currently monitoring hundreds of
buildings including the Jacob K. Javits Convention Center, the northeast's
largest wind farm at the Atlantic County Utilities Authority in Atlantic City,
NJ, Newark, NJ Public Schools, Liberty Science Center in Newark, NJ, and at
Shopwise in Manila, Philippines--Noveda's first international project.
About Noveda Technologies: Founded in 2007, award-winning Noveda Technologies
is an innovative leader in real-time energy monitoring and visualization for
conventional and renewable energy systems. Noveda's web-based software and
services provide solutions to help optimize building energy efficiency, lower
energy costs and reduce carbon footprint. The company's diverse client base
includes commercial, government, nonprofit and educational institutions. For
more information, visit www.noveda.com or call 908-534-8855.
About EnergyWatch: Formed in 2000 and headquartered in Manhattan's financial
district, EnergyWatch is a leader in energy consulting. The company's vast
power purchasing experience represents one of the larger aggregations of
direct energy users in the nation at over 2,000,000 megawatt hours and $200
million in annual energy expenditures. Through market intelligence and
analytical expertise EnergyWatch empowers their clients to make responsible
decisions that have a positive impact on their business and the environment.
For more information visit energywatch-inc.com or call 212-616-5117
SOURCE Noveda Technologies
Kelly G. Vanasse, 732-463-4518, kgvanasse@kellycommunication.com, or Christina
Boyer, 908-534-8855, cboyer@noveda.com
