WASHINGTON, DC. - February 12, 2009 - Clear Standards, Inc., a leading provider of enterprise carbon management and sustainability solutions, today announced the availability of "CleanTech Spend Optimizer", a component of the Clear Standards Analyze product line. As organizations seek to reduce costs and GHG emissions by implementing energy efficiency projects, Clear Standards CleanTech Spend Optimizer provides the decision support system to evaluate and select projects that yield the best return on investment as energy prices, clean technologies, and government policies evolve.

The current global market for clean technology products and services is about $284 billion, and forecasted to grow to over $1.3 trillion in 2017 (according to MRG Inc. research), representing increasing commercial and public sector demand for energy efficiency technologies. The challenge facing organizations looking to implement these projects is to get a clear understanding of what the return on investment (ROI) is when taking into account all aspects of a proposal, including regional tax rebates, early action credits, and the value of reduced carbon emissions. CleanTech Spend Optimizer addresses this challenge by providing a framework to measure the ROI of these projects so that organizations can understand the long-term financial impact, incorporating the price of carbon offsets or allowances based on participation in voluntary or mandatory cap and trade programs.

"We are excited to bring this innovative solution to the market at a time when energy efficiency, carbon reduction, and cost savings are top-of-mind in both the private and public sector," said Anirban Chakrabarti, Clear Standards CEO and co-founder. "With Clear Standards, organizations can get a better understanding of project payback, optimize spend across a portfolio of proposals, and elegantly communicate the value of these investments to internal and external stakeholders."

CleanTech Spend Optimizer provides blueprints for common energy efficiency projects such as solar panels, high-efficiency lighting, hybrid vehicles, and wind turbines, based on mathematical models developed by the World Resources Institute and the U.S. EPA. These blueprints can be extended by Clear Standards customers or consulting partners to incorporate additional parameters of specific technology vendors, or accommodate business metrics such as brand value. The solution supports global corporations by enabling project evaluation across different regions, using relevant currencies and other localized parameters. Clean technology companies can also leverage this solution to help their sales force easily demonstrate the ROI of their products to prospects and customers.

About Clear Standards
Clear Standards (http://www.clearstandards.com) provides enterprise "Sustainability 2.0" software to help organizations accurately measure, mitigate, and monetize carbon emissions and other environmental impacts. Clear Standards enables businesses to identify opportunities for cost savings from energy and waste reduction, and optimize investment across a portfolio of energy efficiency projects. By following Clear Standards' embedded best practices, corporations can prepare for regulatory changes, reduce costs, and reinforce positive brand image by providing credible transparency into sustainability initiatives.

Clear Standards

Clear Standards

Clear Standards provides enterprise "Sustainability 2.0" software to help organizations accurately measure, mitigate, and monetize carbon emissions and other environmental impacts. Clear Standards enables businesses to identify opportunities for cost savings from energy and waste reduction, and optimize investment across a portfolio of energy efficiency projects. By following Clear Standards' embedded best practices, corporations can prepare for regulatory changes, reduce costs, and reinforce positive brand image by providing credible transparency into sustainability initiatives. The solution is delivered via a secure, scalable, 100% web-based platform, with a rich graphical interface that provides an engaging user-experience. There is no software to install or maintain, which minimizes cost and implementation timeframes. Included with the subscription are instant updates to product functions and reference data such as emission factors, reduction project models, and guidance for conformance to environmental standards.

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