CSR Press Release

MINNEAPOLIS, MN. - June 28, 2007 - Verisae, a web-enabled clean technology software and services company, announced today Environmental Compliance Software for the UK and European Markets. Enterprise Refrigerant Manager (ERM) is a web-based software program allowing users to track refrigerants based on EC Regulation 842/2006 in the UK and European Union.

The law complies with Kyoto Protocol requirements for Greenhouse Gas reductions. The new software focuses on multi-site owners with a high concentration of refrigerants in their facilities, such as Food Retailers.

The new regulations require owners of most fluorinated greenhouse gases to track leaks, disposal and repair of systems. The regulations effect Commercial Refrigeration, HVAC and Fire Protection systems over 3kg. Verisae’s ERM software allow users to ensure prompt leakage repairs systematic leak checking, verification for calibrated leak detection devices for systems, and proper record keeping to ensure technicians are certified.

Verisae’s new system allows for exception based reporting and user defined roles within the constraints of the new regulations. “It is the most comprehensive way for an Enterprise to gain compliance, reduce greenhouse gas emissions, and lower costs”, said Ted Gartland, Director of Refrigerants and Environmental Compliance for Verisae. “Government regulations are becoming increasing stringent on any chemical with a negative Global Warming impact.”

“Retailers are searching for ways to enhance their Corporate Social Responsibility (CSR) and have a positive impact to the large bottom line impact,” said Paul Wickberg, President and Chief Operating
Officer of Verisae. “Our clients want to comply with the new laws, but also want to lower their Carbon Footprint and reduce expenses. This new software program allows them to do both.”

Several retailers have chosen Verisae’s ERM software in the US where the EPA Clean Air Act mandates similar restrictions on refrigerants. The European version of ERM complies strictly with EU laws. Learn more about the UK Department of Environment Food and Rural Affairs (defra) guidance on EC Regulation 842/2006.

Verisae is committed to helping its customers achieve superior standards of environmental compliance and lower CO2 emissions from their buildings. In doing so, these customers will reap financial rewards and position themselves as environmentally responsible stewards.

About Verisae
Verisae (www.verisae.com) is a leading supplier of clean technology software and services with offices in the US, UK, and Asia.Verisae’s enterprise energy management software lowers retailers operating costs and refrigerant management software meets global refrigerant compliance requirements. Products include: asset management, greenhouse gas emissions management, enterprise energy management, service automation, and electronic payment of service providers. Verisae provides services including site asset and energy surveys, refrigerant inventory surveys, and consulting to assure effective implementation of the solutions.

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