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ATLANTA, May 30, 2007 - Prenova announced today that it signed an energy management contract with a national pharmacy retail chain for Asset Optimization. Prenova begin its Asset Optimization solution to all retailers stores equipped with energy management systems (EMS).
With the pharmacy chain’s goal of reducing energy-related costs by 25%, the first step in doing so will include Prenova’s Parameter Standardization Program (PSP) and a one time VirtualAuditSM to over 400 stores. The PSP is a diagnostics program that analyzes and reports on those assets at each site that are operating out of the range prescribed by the pharmacy retail chain’s business operating standards. This program operates through a remote connection to the retailer’s EMS. With their approval, Prenova will implement automated resetting of compliance parameters at all sites in the program to maintain business operations and optimize energy consumption.
Prenova will then apply its VirtualAudit tool, which creates a baseline of asset performance by identifying and prioritizing relevant factors driving any suboptimal asset performance. The process also includes a methodology for estimating excess energy consumption due to identified suboptimal performance by identifying early asset degradation patterns and root causes for that degradation. The VirtualAudit tool incorporates Prenova’s capability to remotely correct identified issues when possible, and to work with on-site technicians when required to ensure service maintenance quality assurance.
About the National Pharmacy Retail Chain
One of the nation's largest retail pharmacy chains and a leader in innovative drugstore retailing, the company operates over 5,500 stores across the nation. While prescription drugs account for a majority of sales, other sales include general merchandise, groceries, cosmetics and one-hour photo processing.
About Prenova
Founded in 1997 and headquartered in Marietta, GA, Prenova’s clean energy management solutions deliver economical, reliable, environmentally friendly energy to match our customers’ needs. Prenova’s unique delivery platform enables the company to leverage existing assets to produce immediate, enhanced investment returns through reductions in both direct (price, tariff, utility payments) and indirect (usage, assets, maintenance) energy costs. The result is an unrivaled level of hard dollar savings plus a sustained reduction in energy consumption and carbon gas emissions, all while improving the reliability of business operations.
Prenova is a premier energy conservator - our solutions maximize energy efficiencies in our customers’ operations. We link our customers’ facilities together with our technology and service solutions enabling customers to do more with less – the ultimate in conservation efforts. Prenova’s focus on optimizing assets and equipment yields a high impact outcome: significant reduction of energy costs, increased reliability of energy-related systems critical to business operations, and a dramatic reduction in harmful emissions. We drive asset efficiency to revolutionize energy conservation.
The value that Prenova creates for its customers is significant to their bottom line, and includes:
- Reduce energy consumption by 10-20%
- Reduce the price paid for energy by 2%-5%
- Reduce unplanned maintenance service call-outs by up to 70%
- Increase asset life by up to 30%
Prenova manages billions in annual energy expenditures across hundreds of thousands of customer locations across North America. Some organizations that rely on Prenova include Brinker, Coldwater Creek, Costco, Crate & Barrel, Dollar Tree, Dunham’s Sports, Eddie Bauer, Famous Footwear, Home Depot, Mark’s Work Wearhouse, Quiznos, Seneca Foods, 24 Hour Fitness, U.S. Cellular and West Marine.
For more information, please visit www.prenova.com. | 
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