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Innovative Demand-Side Management Solution Released By Maricor Technologies Inc.

Innovative Demand-Side Management Solution Released By Maricor Technologies Inc.

Published 04-26-06

Submitted by Maine & Maritimes Corporation

PORTLAND, MAINE - Maricor Technologies, Inc. (MTI), a subsidiary of Maine & Maritimes Corporation (AMEX: MAM), today announced the release of its new Demand-Side Management (DSM) solution. Powered by its iPlan™ platform, MTI's iPlan™ DSM Solution has been designed to support energy efficiency and demand-side management business processes.

From business development to project management, program design and evaluation, performance management, and reporting, the DSM Solution built on the iPlan™ Enterprise.NET platform provides complete configuration and integration to support best practices. iPlan™ DSM is built around proven engineering and economic models that support energy efficiency and demand reduction investment planning and budgeting decisions. Embedded energy metered data analysis and key performance indicators ("KPI's"), energy auditing, building systems engineering algorithms, and building lifecycle cost models form the foundation for improving the energy and emissions performance of facility assets. The web-based system is easily configured to work with an organization's program design, delivery, and evaluation processes.

"iPlan DSM supports the business processes of companies and consultants that deliver energy efficiency services and demand-side management programs. The enterprise software application allows companies to accomplish and report on their processes from initial evaluation of investment opportunities to final project close-out. The solution is built on a service-oriented architecture that easily integrates with financial, project, and purchasing management systems," stated Tom Yoder, PhD, Chief Operating Officer of Maricor Technologies, Inc.
Organizations gain material benefits from MTI's DSM solution including:

  • Reduced cost of evaluating investment opportunities;
  • Merges project investment decision-making with overall program and sales performance management;
  • Uses business rules and reverse auctions to award funds to projects;
  • Monitors program and sales performance through performance dashboards;
  • Measures and verifies savings; and
  • Implements web-based evaluation surveys.

    Maricor Technologies, Inc. develops information and software products for sustainable governance of facilities and buildings. By combining leading strategic management methods with proven engineering and economic models, MTI's products deliver the information organizations need to manage facility asset portfolios; optimize capital, maintenance, and energy budgets; reduce emissions; improve security; and ensure comprehensive and transparent reporting on facility asset performance to all stakeholders. Through our solutions, we optimize energy and asset investments according to sustainable principles. For more information about Maricor Technologies, Inc., please visit our website at www.maricortech.com.

    Maine & Maritimes Corporation is the parent company of Maricor Technologies, Inc., a sustainable facility governance information technology based subsidiary; The Maricor Group, Canada Ltd and its U.S. subsidiary, The Maricor Group, New England, Inc., both engineering, energy efficiency, asset development and facility lifecycle asset management services companies; and Maricor Properties Ltd, a Canadian real estate development and investment company, and its Canadian subsidiaries, Mecel Properties Ltd and Cornwallis Court Developments Ltd; and Maine Public Service Company, a regulated electric transmission and distribution utility. MAM is headquartered in Presque Isle, Maine, and its subsidiaries maintain offices in Moncton and Saint John, New Brunswick, Canada; Halifax, Nova Scotia, Canada; Boston, Massachusetts; and Portland, Maine. MAM's corporate website is www.maineandmaritimes.com

    Cautionary Statement Regarding Forward-Looking Information
    NOTE: This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Although Maine & Maritimes Corporation ("MAM") believes that in making such statements, its expectations are based on reasonable assumptions, any such statement involves uncertainties and risks. MAM cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided, including, without limitation, potential changes in applicable laws and regulations, potential changes in Management, MAM's ability to raise necessary financing, and MAM's ability to execute its business plans in a timely and efficient manner.

  • Maine & Maritimes Corporation logo

    Maine & Maritimes Corporation

    Maine & Maritimes Corporation

    Maine & Maritimes Corporation is the parent company of Maricor Technologies, Inc., a sustainable facility governance information technology based subsidiary; The Maricor Group, Canada Ltd and its U.S. subsidiary, The Maricor Group, New England, Inc., both engineering, energy efficiency, asset development and facility lifecycle asset management services companies; and Maricor Properties Ltd, a Canadian real estate development and investment company, and its Canadian subsidiaries, Mecel Properties Ltd and Cornwallis Court Developments Ltd; and Maine Public Service Company, a regulated electric transmission and distribution utility. MAM is headquartered in Presque Isle, Maine, and its subsidiaries maintain offices in Moncton and Saint John, New Brunswick, Canada; Halifax, Nova Scotia, Canada; Boston, Massachusetts; and Portland, Maine.

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