Posted: Jan 8, 2008

Prenova Recognized for Innovation in Energy Management

ATLANTA, GA - January 8, 2008 - Prenova is pleased to announce that it has been selected as one of the most innovative technologies in the Southeast region by the 2008 Southeast Venture Conference (SEVC) and its selection committee of nationally recognized venture capitalists. Selection criteria included innovation, growth potential, and long-term promise as a market leader. Prenova’s Asset OptimizationSM solution is the driving innovation behind this prestigious recognition. Asset Optimization is a knowledge-based, technology-enabled solution that remotely manages energy usage and optimizes energy-related asset performance in real time. Asset Optimization is a “clean” technology: it produces no incremental carbon emissions as it operates to improve operational performance and efficiencies while reducing costs, energy consumption, and energy wastes (CO2 emissions).

As part of the SEVC recognition, Prenova will be presenting its Asset Optimization solution at the second annual SEVC conference February 27-28 in Tysons Corner, Virginia. According to the conference organizers, expansion capital investors and others representing more than $40 billion under management are currently scheduled to attend. Keynote speakers include former Pepsi and Apple CEO John Sculley, Salesforce.com President Jim Steele, and NEA co-founder Frank Bonsal.