Contact:  Kathy Montgomery, VP of Marketing & Strategic Design
678.581.8225 or kmontgomery@prenova.com

ATLANTA, GA – January 27, 2006 – Prenova announced today that it has signed a two-year agreement with a leading footwear company operating nearly 1,300 retail shoe stores throughout the United States and Canada. Prenova’s agreement is to provide Prenova Flex, Bill Audits, Price Risk Management, Rate and Tariff Optimization, and Utility Due Diligence for the 1,300 facilities. In addition, the customer will use PreVue® for its visibility into opportunities and risks with their energy spend. The company is currently in discussions with Prenova to contract for additional solutions to provide incremental energy savings.

Through Prenova Flex, Prenova takes customer utility bills in hard copy or a fully compliant ASCII data file, and enters them into a secure Data Warehouse. As part of this process, Prenova performs a number of proprietary data quality processes and sends a list of the errors identified to the customer that Prenova will work to resolve. Once the validated and corrected data is in the Prenova Data Warehouse, the results will be visible to the customer through PreVue, Prenova’s web based decision management tool. Prenova's PreVue web application is the "window" through which the customer views, understands, and manages the impact of energy performance. PreVue provides standard views of facility and portfolio performance for usage and cost, and offers quick links to all services rendered by Prenova. All customer analytics are accessed through PreVue.

Prenova will also provide the customer Rate and Tariff Optimization and Price Risk Management in regulated and deregulated energy markets, respectively. Through the Rate and Tariff Optimization solution, Prenova identifies the best possible regulated commodity rate for each relevant site in the customer’s portfolio. Prenova’s Price Risk Management solution addresses the optimization of cost and risk in procuring electric and gas energy for the enterprise. Price Risk Management includes the continuous review of market conditions to assess and determine both the potential near-term and future impact on financial outlooks these market changes create for the customer’s energy supply portfolio in terms of potential savings or risks. Price discovery is a critical part of this solution. Prenova then develops strategies and plans for managing price and risk, recommends specific actions to the customer, executes the agreed actions, and performs Quality Assurance to ensure that changes are accurately implemented.

Through its Utility Due Diligence and Rebate Management solutions, Prenova works on the customer’s behalf with utility suppliers to coordinate activities and requirements surrounding facility openings, closings, and other time-sensitive issues that affect energy-related spend. Furthermore, Prenova will provide all rebate management issues on behalf of the customer and ensure that the customer is in a position to capture any savings or credits for which it is eligible. Prenova will complete all paperwork required, submit for approval, and follow through with participating utilities to ensure that rebates are applied correctly.

Footwear Retail Company Overview

The footwear customer owns nearly 1,300 stores in the U.S., Canada, of which 900 stores are located across 50 states. The company markets branded, licensed and private-label dress, casual and athletic footwear for women, men, and children. The customer is one of the largest retail chains selling brand-name shoes for the family, and is a top wholesale supplier of women’s fashion shoes to other department stores.

About Prenova

Founded in 1997 and headquartered in Marietta, GA, Prenova, Inc. delivers visibility, manageability, and predictability (VMP®) over customers’ energy usage, price, energy-related asset performance, and maintenance costs. Through its energy management solutions, the company works both sides of the energy bill to drive down energy expenditures and thus improve profitability.

Prenova’s unique delivery platform enables the company to leverage existing customer assets to produce immediate, enhanced investment returns through reductions in both direct (price, tariff, utility payments) and indirect (usage, assets, maintenance) energy costs, while simultaneously improving reliability of business operations. There are no set-up costs, nor upfront software or hardware required. The value Prenova creates for its customers is significant to their bottom line, and includes the following:

• reduction in energy usage by up to 30%
• avoidance of unplanned maintenance/repair costs by up to 40%
• extended equipment life by up to 30%

Prenova manages billions in annual energy expenditures across tens of thousands of customer locations nationwide. Some organizations that rely on Prenova include Dollar Tree, Crate & Barrel, Owens Corning, Eddie Bauer, Dunham’s Sports, 24 Hour Fitness, U.S. Cellular, and Costco. For more information, please visit www.prenova.com .