Verisae Expands Software Offering to Include Demand Response Solutions

Verisae Expands Software Offering to Include Demand Response Solutions

June 3, 2009

MINNEAPOLIS, MN – June 2, 2009 – Verisae, a web-enabled clean technology software and services company, announced today they have received their certification to serve as a demand response aggregator in Southern California Edison and PJM Territories.

Verisae’s demand response offering is part of the company’s Enterprise Energy Management suite of software that includes utility bill processing, real-time energy monitoring, carbon foot printing and emissions tracking. Demand response programs are designed to maintain a reliable electricity grid as well as offer extra capacity to the energy market during peak times. Customers that participate curtail their energy consumption when the utility calls a critical event and as a result, they are paid for that contribution. Reducing energy load during these critical periods is key to alleviating power shortages, saving money and reducing greenhouse gas emissions. The Verisae Active Energy Response software and services provide an automated solution for multi-site building owners to manage and track demand response events. It can be integrated with a variety of site metering and control systems.

“Active Energy Response and our certification in SCE and PJM territories will be a great value to our existing and new customers with sites located in these regions.”, said Dan Johnson, CEO of Verisae. “Demand Response offers our customers an opportunity to help their community by helping to keep the electricity grid reliable, lowering energy use and impact on the environment plus receiving a financial reward for these sound practices.”

About Verisae

Verisae (www.verisae.com) is a leading supplier of clean technology software and services with offices in the US, UK, and Asia. Verisae’s enterprise energy management and enterprise refrigerant management software are main components for reducing Carbon Footprints for multi-site operators. Software products include: enterprise carbon footprint, enterprise asset management, maintenance management, enterprise energy management, service automation, and electronic payment of service providers. Verisae provides services including energy surveys, demand management analysis and implementation, and consulting to assure an effective implementation of the solutions.