Posted: Feb 26, 2008

Prenova Launches Carbon Footprint Profiling

ATLANTA, GA - February 26, 2008 - Prenova is pleased to announce that it has launched its carbon footprint tracking tool to supplement its emissions trading capabilities as an Associate Member of the Chicago Climate Exchange. The tool, part of Prenova’s Energy Efficiency Profiling application, enables their customers to establish a baseline of emissions based on their energy usage.

Once the energy usage and associated emissions baseline is established, Prenova offers a host of real-time energy management solutions that are delivered remotely to reduce customers’ energy usage by up to 20%. Once measurement and validation is performed to determine a customer’s usage reduction, Prenova can convert that to quantify the emissions reduction through the application of its carbon footprint tool. Prenova then provides customers the ability to trade resulting emissions credits on the Chicago Climate Exchange, as well as purchase renewable energy credits as part of an organization’s strategy to move towards becoming carbon neutral.

“Our customers can actually monetize their energy usage reductions,” said Michael Nark, Prenova’s President and CEO. “What that means is that our customers can make money on the amount of energy they reduce on a sustainable basis by taking advantage of carbon reduction credits. By analyzing and reducing their carbon footprint with Prenova, savings can be monetized and sold through the Chicago Climate Exchange [which launched trading in December 2003]. Additionally, there’s the environmental aspect of energy reduction. Over the next five to eight years, carbon footprint reductions will be legislated, and compliance won’t be optional. And, finally, the positive public perception that comes from energy conservation, particularly when it’s voluntary, can’t be underestimated.”