BOSTON, Oct. 5, 2010 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of Software-as-a-Service (SaaS) enterprise carbon management applications, today announced that the Turman Group, a Virginia-based wood product manufacturer, will implement EnerNOC's carbon management application, CarbonSMART™. Internationally recognized for its high-quality forestry products, the Turman Group will deploy CarbonSMART throughout its ten-location network, providing the Turman Group with a thorough inventory of its greenhouse gas (GHG) emissions, as well as insight into common practices for its most efficient locations.
"The carbon accounting landscape is constantly changing, with many variables to keep in line," said Ryan Turman, director of business development for the Turman Group. "By implementing EnerNOC's CarbonSMART application, we are confident that our footprint will be tracked according to the latest requirements, enabling us to stay ahead of the curve and take advantage of energy savings along the way."
A recent study by the Aberdeen Group shows that leading companies in carbon accounting have reduced energy consumption and GHG emissions by 13 percent and are outperforming their corporate margin goals by 12 percent.
"Turman Group's foresight in adopting CarbonSMART is part of their forward-thinking approach to energy management," said Tim Healy, chairman and CEO of EnerNOC. "By beginning a comprehensive carbon management program now, the Turman Group is positioning itself to get ahead of any potential regulatory or voluntary carbon reporting requirements in the timber industry, while at the same time taking the necessary steps to help protect its margins and overall business performance."
CarbonSMART is a carbon management and accounting application designed to help organizations measure, manage, and report greenhouse gas emissions. Unlike managing the reporting process in-house through multiple spreadsheets, CarbonSMART's SaaS-based approach centralizes data collection, even across multiple facilities and geographies, and provides a secure, auditable platform that enables facility managers to prioritize energy efficiency savings opportunities, which is central to carbon reduction efforts. EnerNOC also offers an industry-leading energy efficiency application, SiteSMART, which enables customers to target further opportunities for energy savings through data-driven analysis.
For information about EnerNOC's award-winning energy management applications and services, please visit . To download a copy of the Aberdeen Group report on carbon accounting, courtesy of EnerNOC, please visit .
EnerNOC unlocks the full value of energy management for our utility and commercial, institutional, and industrial (C&I) customers by reducing real-time demand for electricity, increasing energy efficiency, improving energy supply transparency in competitive markets, and mitigating emissions. We accomplish this by delivering world-class energy management applications including DemandSMART™, comprehensive demand response; SiteSMART™, data-driven energy efficiency; SupplySMART™, energy price and risk management; and CarbonSMART™, enterprise carbon management. Our Network Operations Center (NOC) continuously supports these applications across thousands of C&I customer sites throughout the world. Working with more than 100 utilities and grid operators globally, we deliver energy, ancillary services, and carbon mitigation resources that provide cost-effective alternatives to investments in traditional power generation, transmission, and distribution. For more information, visit .
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Safe Harbor Statement
Statements in this press release regarding management's future expectations, beliefs, intentions, goals, strategies, plans or prospects, including, without limitation, statements relating to the future success of EnerNOC's clean and intelligent energy management applications , including its CarbonSMART application, and the ability of EnerNOC's customers to utilize CarbonSMART to realize savings, may constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to under the section "Risk Factors" in EnerNOC's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as well as other documents that may be filed by EnerNOC from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, EnerNOC's actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. EnerNOC is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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